Virginia, United States [RenewableEnergyWorld.com] The U.S. Department of Energy (DOE) announced the issuance of a Funding Opportunity Announcement (FOA) for up to US $7 million in federal funding over two years (FY 2008 – 2009) for advanced research and development in converting non-food based biomass to advanced biofuels. Combined with private minimum cost share of 20 percent, more than US $8.75 million would be invested in this research effort.
DOE anticipates selecting between five and seven projects under this announcement and will require a minimum of 20 percent cost share from applicants. The research aims to lower the production costs of biofuels and expand the suite of biofuels produced and available in the United States.
“By expanding the technical diversity and breadth of partners working to advance biofuels development, the Department is striving to change the way we power our nation’s vehicles,” said DOE’s Biomass Program Manager, Jacques Beaudry-Losique. “Renewable energy sources must continue to play a growing role as we reduce our dependence on foreign oil, confront global climate change and secure clean reliable supplies of energy.”
Applications for this FOA are due May 29, 2008.