US Department of Energy announces $73 million fund for bioenergy R&D projects
US Energy Secretary Rick Perry said: “The main goal of DOE’s bioenergy R&D is to produce affordable biofuels that are compatible with existing fuelling infrastructure and vehicles across a range of transportation modes, including renewable gasoline, diesel and jet fuels.
“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.”
According to a statement by DOE, the US has the potential to produce one billion dry tonnes of non-food biomass without disrupting agricultural markets for food and animal feed. The DOE claims this ‘underutilised’ resource could be used to produce 50 billion gallons of biofuels, equivalent to 25% of US transportation fuels, 50 billion pounds of high-value chemicals and products and 75 billion kWh of electricity – enough to power seven million homes.