Free Newsletters - Space - Defense - Environment - Energy - Solar - Nuclear
by Daniel J. Graeber
Washington (UPI) Jul 16, 2013
The U.S. Energy Department said it was spending $6.3 million on research aimed at generating a biofuel that could be cost competitive by 2017.
SRI International of California and Research Triangle Institute of North Carolina received funding from the Energy Department for research and development projects meant to drive down the cost of producing gasoline, diesel and jet fuels from biomass.
The funding is part of an effort to make biofuels competitive with regular fuels. The Energy Department said it wants to produce a drop-in biofuel that would cost about $3 per gallon by 2017.
Data from 2011 show some biofuels were close to the point at which they'd be competitive with regular fuels.
Energy Secretary Ernest Moniz said the government is looking for ways to increase energy security and reduce greenhouse-gas emissions by advancing a low-carbon economy.
The transportation sector in the United States accounts for nearly 60 percent of domestic oil consumption and 30 percent of overall emissions.
Bio Fuel Technology and Application News
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.|