DOE Selects Six Cellulosic Ethanol Plants for Up to $385 Million in Federal Funding
February 28, 2007
Secretary of Energy Samuel W. Bodman today announced the selection of six biorefinery projects for federal funding of up to $385 million over the next four years. The projects were selected as part of a competitive solicitation announced last year. The funding is part of President Bush's Biofuels Initiative that will lead to the wide-scale use of non-food-based biomass, such as agricultural waste, trees, forest residues, and perennial grasses in the production of transportation fuels, electricity, and other products. Combined with industry cost sharing, this funding will enable nearly $1.2 billion in total investment in these projects.
