Australia launches second generation biofuels R&D programme
The Minister for Resources and Energy, Martin Ferguson, has launched the Australian Government's AUS$15 million (7.6 million Euro's) Second Generation Biofuels Research and Development Programme (Gen 2).
Businesses and institutions researching second generation biofuels are now able to apply for grants of between $1 million and $5 million. Second generation biofuels use fuel stocks such as biomass and algae (rather than grain or other livestock feed) and will allow the industry to move beyond the food versus fuel debate.
'This funding will importantly provide a boost to the biofuels industry and assist in the research and development of the next generation of biofuel technologies, which have the potential to be a cleaner burning alternative to petroleum products with lower carbon dioxide emissions,' Ferguson says.
The programme is part of the Australian Government's broader commitments under the $500 million Renewable Energy Fund and will match industry funding dollar for dollar.
Research funded through Gen 2 will be directed towards the development of sustainable biofuels technology which uses low-cost, non-food materials. This may include use of algae to produce biodiesel or cellulosics to produce ethanol.
The Programme will take applications until 30 January 2009. Programme information, funding guidelines, and applications are available at www.ret.gov.au.
Businesses and institutions researching second generation biofuels are now able to apply for grants of between $1 million and $5 million. Second generation biofuels use fuel stocks such as biomass and algae (rather than grain or other livestock feed) and will allow the industry to move beyond the food versus fuel debate.
'This funding will importantly provide a boost to the biofuels industry and assist in the research and development of the next generation of biofuel technologies, which have the potential to be a cleaner burning alternative to petroleum products with lower carbon dioxide emissions,' Ferguson says.
The programme is part of the Australian Government's broader commitments under the $500 million Renewable Energy Fund and will match industry funding dollar for dollar.
Research funded through Gen 2 will be directed towards the development of sustainable biofuels technology which uses low-cost, non-food materials. This may include use of algae to produce biodiesel or cellulosics to produce ethanol.
The Programme will take applications until 30 January 2009. Programme information, funding guidelines, and applications are available at www.ret.gov.au.
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