Saturday, April 14, 2012

Energy Department offers up to $15 million for biomass fuel supplements

Saturday, April 14, 2012

The Department of energy up to $ 15 million is announced on 6 April oil biomass-based supplements be demonstrated, can be mixed with petroleum. Known as "Bio oil", these precursors for fully renewable transportation could fuel in the oil refineries make processes, the conventional gasoline, diesel and jet fuel without requiring changes to existing fuel distribution networks or engines are integrated. The goal is to U.S. use of foreign oil and diversify the nation's energy portfolio to help.

The Department of energy expects full prototypes finance between five and ten projects in the financial year 2012 on bio oil to create, which tested in oil refineries and develop comprehensive technical and economic analyses of organic oils how could function can be used. The prototype organic oils are manufactured from a variety of raw materials. Domestic industry, universities, and laboratories are all eligible to apply. The results will be future efforts aimed at bio oil technologies forward and bring this renewable fuels on the market information. See the press release of Ministry of energy and the funding opportunity announcement.

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