The U.S. Departments of Agriculture and Energy today announced $24 million in research-and-development grants for biofuels, bioenergy and high-value biobased products. Of the $24.4 million, the Energy Department plans to invest up to $4.9 million with the USDA contributing up to $19.5 million. The grant recipients announced today will contribute a minimum of 20 percent of matching funds for R&D projects and 50 percent of matching funds for demonstration projects. Awardees include: Gevo, Inc. (Englewood, CO) up to $1,780,862: to develop a yeast fermentation organism that can cost-effectively convert cellulosic-derived sugars into isobutanol, a second generation biofuel/biobased product. Exelus, Inc. (Livingston, NJ) up to $1,200,000: to develop a biomass-to-gasoline technology that represents a fundamental shift in process chemistry and overall approach to creating biofuels. Purdue University (West Lafayette, IN) up to $933,883: to develop an analysis of the global impacts of second generation biofuels in the context of other energy technologies and alternative economic and climate change policy options. University of Minnesota (St. Paul, MN) up to, $2,715,007: to assess the environmental sustainability and capacity of forest-based biofuel feedstocks within the Lake States region.
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Energy Dept., USDA Award $24 Million in Biofuels and Bioenergy Research Grants