BP to Establish $500 M Energy Biosciences Institute

A new partnership through which BP will be investing $500 million over the next ten years to establish an Energy Biosciences Institute (EBI) is designed to perform ground-breaking research aimed at the production of new and cleaner energy, initially focusing on biofuels for road transport.

BP selected the University of Illinois at Urbana- Champaign, and the University of California, Berkeley, along with the Lawrence Berkeley National Laboratory (LBNL), to host the institute, in order to advance research on the emerging secrets of bioscience and applying them to the production of new and cleaner energy. The EBI is to be located on the campus of University of Illinois Urbana-Champaign. The role of the University of Illinois at Urbana- Champaign in the Energy Biosciences Institute will be to lead the development of the new crops, cropping systems and machinery needed to provide the biomass or feedstock for the generation of biofuels. A major part of this effort will be the application of genomic technologies to the development of these new crops. The LBNL will carry out supporting research. Up to 50 BP staff located on the two campuses will work in partnership with university faculty and researchers. BP and its partners will share governance of the EBI and guidance of its research programs. The Energy Biosciences Institute will also pursue research in the conversion of heavy hydrocarbons to clean fuels, improved recovery from existing oil and gas reservoirs, and carbon sequestration.
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