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April 22, 2008
On April 17, the Department of Energy announced the availability of up to $7 million dollars in federal funding over two years (FY08- FY09) for research and development into advanced conversion technologies for creating clean liquid fuels from renewable biomass. This funding will be targeted towards those projects involving the creation of bio-oil or other liquid fuels through pyrolysis – a process that breaks down the complex cellular and molecular structure of biomass in a high temperature, low oxygen environment. Applicants must demonstrate the ability to provide a minimum of 20 percent cost share from private sources. Applications are due May 29, 2008. DOE expects to make 5 - 7 awards under this solicitation. More information is available at http://www1.eere.energy.gov/financing/business.html or www.grants.gov.