USDA to Invest $100M in Biofuels Infrastructure

Joanna Schroeder

The Biofuels Infrastructure Partnership is getting an infusion of up to $100 million according to U.S. Department of Agriculture (USDA) Secretary Tom Vilsack. The funds will be used to build and update infrastructure needed to bring more biofuels to market. The announcement came on the same day that the Environmental Protection Agency (EPA) announced the Renewable Fuel Obligations (RVO) for 2014-2016 under the Renewable Fuel Standard (RFS).

Photo credit: Joanna Schroeder

Photo credit: Joanna Schroeder

As part of the program, USDA will provide competitive grants to match funding for state-led efforts to test and evaluate innovative and comprehensive approaches to market higher blends of renewable fuel, such as E15 and E85. States that are able to provide greater than a one-to-one ratio in funding will receive higher consideration.

“American-made, clean energy sources support the environment, reduce our dependence on foreign oil, create jobs and sustain the economy in rural communities across the country. We are fortunate that our farmers are producing record amounts of feedstock for these fuels,” Vilsack said. “However, a combination of factors, including lower commodity prices and reduced demand for feed as the poultry industry recovers from highly pathogenic avian influenza, are creating uncertainty for America’s corn and soybean producers. With this partnership, USDA is helping to ensure the infrastructure is in place for consumers to access more renewable fuels, expand marketing opportunities for farmers, and grow America’s rural economies.”

The new USDA partnership will help support the installation of fuel pumps capable of supplying higher blends of renewable fuel. The goal of the program is to double the number of fuel pumps capable of supplying higher blends of renewable fuel to consumers, such as E15 and E85.

advance biofuels, Biodiesel, E15, E85, Ethanol, Renewable Energy