October 2 (Renewables Now) - 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.
The DOE is funding those projects under its Office of Energy Efficiency and Renewable Energy. More details about each one can be found here: https://www.energy.gov/eere/bioenergy/bioenergy-technologies-office-fiscal-year-2019-funding-opportunity-announcement-0
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.
(USD 1.0 = EUR 0.916)