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DOE Selects Bioenergy Projects for $73M Investment; Rick Perry Quoted

1 min read
Jeff Brody
Rick Perry

The Department of Energy's Office of Energy Efficiency and Renewable Energy is investing $73 million in 35 research and development projects on bioenergy. The selected projects aim to reduce the cost of biofuels and produce valuable output from waste resources, DOE said Tuesday.

“The main goal of DOE’s bioenergy R&D is to produce affordable biofuels that are compatible with existing fueling infrastructure and vehicles across a range of transportation modes, including renewable-gasoline, -diesel and -jet fuels,” said Rick Perry, secretary of energy.

The country's potential to produce 1 billion tons of biomass without agricultural market disruption may allow for the production of 50B gallons of biofuel and other energy-related output, according to DOE.