The US Department of Energy (DOE) has announced $64.7 million in funding for projects focused on producing cost-effective, low-carbon biofuels.
The investments are expected to advance technologies to create replacements for petroleum fuels used in heavy-duty forms of transportation, such as ships and airplanes, and accelerate the United States’ path to a net-zero emissions economy by 2050.
‘Decarbonising transportation – particularly planes and ships that are difficult to electrify – is an essential part of the path to a net-zero carbon future,’ said Secretary of Energy, Jennifer M. Granholm. ‘These investments mobilise industries to join this effort, which will create new, good-paying jobs across the biofuels, chemical, and agricultural supply chains and boost economic activity in rural economies.’
A total of 22 projects will receive DOE funding. These investments are administered by DOE’s Bioenergy Technologies Office (BETO), which is focused on developing technologies that convert domestic biomass and other waste resources into low-carbon biofuels and bioproducts.
In recent weeks the DOE has announced funding for several projects aimed at reducing emissions in the shipping sector, among others. In August, the department announced nearly $34 million in funding for 11 projects that will develop biomass resources to convert to low-carbon fuel for planes and ships. This was followed by a further $24 million in funding for nine research projects to explore and develop new methods of capturing and storing carbon from the air.