Green Energy Live Targets $154 Billion U.S. Livestock Industry for Sustainable Biomass-to-Energy Technology Development
November 16th, 2009 - Posted in BioenergyWASHINGTON, Nov. 12, 2009 - 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.
“The selected projects will help make bioenergy production from renewable resources more efficient, cost-effective and sustainable,” said Energy Secretary Steven Chu. “These advancements will benefit rural economies through creation of new processing plants and profitable crops for U.S. farmers and foresters.”
“Innovation is crucial to the advancement of alternative, renewable energy sources, and these awards will spur the research needed to make significant progress in bioenergy development,” said Agriculture Secretary Tom Vilsack.
Projects announced today must contribute a minimum of 20 percent of matching funds for research and development projects and 50 percent of matching funds for demonstration projects. Funding is provided through USDA’s National Institute of Food and Agriculture (NIFA) and DOE’s Biomass Program. Selected projects are aimed at increasing the availability of alternative fuels and biobased products that are produced from a diverse group of renewable sources of biomass. (more)