Archives from day » 11, October 2011

DOE Drops $12 Million On Drop-In Biofuels

Virent Energy Systems, a CAPCO program company located in Madison, Wisc., will receive up to $4 million of the $12 million from the DOE:

The U.S. Department of Energy (DOE) recently announced awards totaling $12 million to support the development of “drop-in” biofuel technologies. Drop-in biofuels are fuels that can serve as direct replacements or supplements to existing gasoline, diesel and jet fuels without any changes to existing fuel distribution networks or engines. The DOE thinks these fuels have the potential to significantly reduce U.S. reliance on oil imports. We’ve seen the military extensively exploring their use.

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