DOE ANNOUNCES MAJOR INVESTMENT FOR FUTURE OF US BIOFUELS
News Date January 19, 2010
To boost the development of domestic biofuels, Department of Energy (DOE) Secretary Steven Chu announced nearly $80 million in American Recovery and Reinvestment Act (the Stimulus) for advanced biofuels research and fueling infrastructure. In order to further study the commercialization of algae-based and other advanced biofuels, DOE selected the National Alliance for Advanced Biofuels and Bioproducts (NAABB) and the National Advance Biofuels Consortium (NABC). Secretary Chu also announced several infrastructure projects to receive up to $1.6 million in support, primarily to expand the capacity for ethanol blends at existing retail fueling locations. For more information on the selected recipients, please visit the DOE website. (Contact: David Hickey)