DOE Announces $59 Million to Expand Biofuels Production and Decarbonize Transportation Sector
WASHINGTON, D.C. — The U.S. Department of Energy (DOE) today announced $59 million to accelerate the production of biofuels and bioproducts to reduce emissions in hard-to-decarbonize sectors and create good-paying jobs in rural America. DOE is focused on applied research, development, and deployment to improve the performance and reduce the cost of biofuel production technologies and scale-up production systems in partnership with industry. By reducing costs and technical risks, these efforts can help pave the way for the biofuels industry to deploy commercial-scale integrated biorefineries. The breakthroughs from this funding will support President Biden’s and DOE’s goals of advancing the use of bioenergy, achieving cost-competitive biofuels, and reaching a net-zero carbon economy by 2050.