US DOE grants USD 73m to 35 bioenergy R&D projects
Photo by Steve Jurvetson (Flickr) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons
The US Department of Energy (DOE) on Tuesday named 35 bioenergy research and development (R&D) projects to receive a total of USD 73 million (EUR 66.9m) in financing.
The total amount of the grants has been divided between 10 different topic areas. The two largest awards include: a roughly USD-5-million federal share for a New Mexico consortium that works on the so-called Optimizing Selection Pressures and Pest Management to Maximize Algal Biomass Yield (OSPREY) project; and a grant of just a bit over USD 5 million given to the Colorado State University for its Electro-Enhanced Conversion of Wet Waste to Products Beyond Methane project.
Secretary Rick Perry commented that the R&D programmes will focus on biofuels that are compatible with existing fueling infrastructure and various vehicles. “These projects will reduce the price of drop-in biofuels, lower the cost of biopower, and enable high-value products from biomass or waste resources, while creating American jobs and strengthening our economy and energy security,” he stated.