DOE and EPA Announce $9.4 Million to Spur Development of Advanced Biofuels as Part of President Biden’s Investing in America Agenda
As part of President Biden’s Investing in America agenda, the U.S. Department of Energy (DOE) and the U.S. Environmental Protection Agency (EPA) today released a Funding Opportunity Announcement (FOA), entitled, “Inflation Reduction Act Funding for Advanced Biofuels,” for up to $9.4 million for the development of advanced biofuels. This investment through a new agreement between EPA and DOE is funded by President Biden’s Inflation Reduction Act and will support high-impact biofuel technology projects to improve the performance and reduce the cost of biofuel production technologies, scale up production systems in partnership with industry, and accelerate the nation’s bioeconomy. Advancing renewable and sustainable energy sources is essential to achieving the Biden-Harris Administration’s ambitious clean energy and climate goals.
