DOE Announces $12 Million in Available Funding to Support Advanced Biofuels Development

To support the goal announced by President Obama to reduce America’s oil imports by one-third by 2025, the U.S. Department of Energy announced that it will be accepting applications for $12 million in funding for laboratory or small pilot-scale projects that support the development of advanced biofuels. Successful projects will develop technologies that will be able to replace refinery feedstocks or directly replace gasoline, diesel, or jet fuels without requiring modifications to vehicles or fueling infrastructure. These projects will continue to accelerate innovations in the renewable biofuels industry as part of the Obama Administration’s efforts to build a cleaner, safer, and more secure energy future for America.