California invests in biofuels
An investment plan drafted by the Fuels and Transportation Division of the California Energy Commission will boost funds into the biofuels sector.
The first investment plan, part of the state’s Alternative and Renewable Fuel and Vehicle Technology Program, covers the first two years of the programme totalling $176 million (€136 million) in programme funding with $12 million for ethanol and $6 million for renewable diesel/biodiesel.
The $12 million in funding allocated to ethanol is broken down into three distinct areas: $3 million for ethanol feedstock and project feasibility studies for new plants; $4 million for fuel production incentives for existing production plans and new pilot plants; and $5 million for E85 fuelling stations.
The programme was developed under Assembly Bill 118 with the purpose of developing and deploying technologies that will transform California’s fuel and vehicle types in order to help achieve the goals of the state’s climate change policies.
The draft Investment Plan will be considered for adoption by the Energy Commission on 22 April.
The first investment plan, part of the state’s Alternative and Renewable Fuel and Vehicle Technology Program, covers the first two years of the programme totalling $176 million (€136 million) in programme funding with $12 million for ethanol and $6 million for renewable diesel/biodiesel.
The $12 million in funding allocated to ethanol is broken down into three distinct areas: $3 million for ethanol feedstock and project feasibility studies for new plants; $4 million for fuel production incentives for existing production plans and new pilot plants; and $5 million for E85 fuelling stations.
The programme was developed under Assembly Bill 118 with the purpose of developing and deploying technologies that will transform California’s fuel and vehicle types in order to help achieve the goals of the state’s climate change policies.
The draft Investment Plan will be considered for adoption by the Energy Commission on 22 April.
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