The Energy Department today announced up to $12 million in funding to advance the production of cost-competitive, high-performance carbon fiber material from renewable non-food-based feedstocks such as agricultural residues and woody biomass.
As part of President Obama’s blueprint for an economy fueled by homegrown and alternative energy sources, the Energy Department announced up to $15 million available to demonstrate biomass-based oil supplements that can be blended with petroleum.
Washington, DC - The U.S. Departments of Agriculture and Energy today announced projects selected for more than $24 million in grants to research and develop technologies to produce biofuels, bioenergy and high-value biobased products. Of the $24.4 million announced today, DOE plans to invest up to $4.9 million with USDA contributing up to $19.5 million. Advanced biofuels produced through this funding are expected to reduce greenhouse gas emissions by at least 50 percent compared to fossil fuels.