is part of the Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

  • American Agriculturist
  • Beef Producer
  • Corn and Soybean Digest
  • Dakota Farmer
  • Delta Farm Press
  • Farm Futures
  • Farm Industry news
  • Indiana Prairie Farmer
  • Kansas Farmer
  • Michigan Farmer
  • Missouri Ruralist
  • Nebraska Farmer
  • Ohio Farmer
  • Prairie Farmer
  • Southeast Farm Press
  • Southwest Farm Press
  • The Farmer
  • Wallaces Farmer
  • Western Farm Press
  • Western Farmer Stockman
  • Wisconsin Agriculturist

DOE to Invest $385 Million in Biorefineries

The U.S. Department of Energy plans to invest $385 million over the next four years in six biorefinery projects.

The U.S. Department of Energy announced Wednesday that it intends to invest $385 million in six biorefinery projects over the next four years. The projects will produce motor fuels from agricultural waste, trash, and woodchips, Energy Secretary Samuel Bodman said at a press conference.

The companies proposing the projects are Abengoa Bioenergy Corp., a division of Abengoa SA of Spain; Bluefire Ethanol Inc.; Iogen Corp.; Alico Inc.; Range Fuels; and Broin Cos. The companies could receive funding to cover as much as 40% of the cost of the projects.

According to current plans, the biorefineries would be located in California, Iowa, Kansas, Florida, Idaho and Georgia.

Bodman says the investment will help cellulosic ethanol move closer to becoming a commercially viable alternative to gasoline and corn-based ethanol by lowering production costs. "$1 a gallon, I think, is a reasonable target," he says.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish