DOE finds $114m for cellulosic ethanol
The U.S. Department of Energy announced the recipients of the department's first round of cellulosic ethanol biorefinery project funding yesterday. Four small-scale projects will share $114 million of federal funds. The grantees are:- ICM Incorporated of Colwich, Kansas will get up to $30 million for a plant to be built in St. Joseph, Missouri.
- Lignol Innovations Inc., of Berwyn, Pennsylvania will get up to $30 million for a proposed plant, to be built next to a petroleum refinery, in Commerce City, Colorado.
- Pacific Ethanol Inc., of Sacramento, California, will get up to $24.3 million for a plant coming to Boardman, Oregon.
- Stora Enso, North America, of Wisconsin Rapids, Wisconsin will get up to $30 million for a plant in Wisconsin Rapids.
One interesting aspect of the DOE's announcement is that there was an "overwhelming response" to the solicitation for proposals and so the DOE will be offering a second round of funding this spring that will bring the DOE's funding to $200m. We know that GM and Coskata will be applying for some of these second-round grants. We'll be keeping an eye on who else applies and then wins.
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[Source: DOE]
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