While One Penn Plaza is rushing to close the deal on the GE CBE COES financing, hopefully somebody is sitting at a desk in a back office at HQ or even in the front office in Montana filling out the paperwork for this DOE $200M funding opportunity.Having recently won a $375,000 award from the state of Montana, we have the opportunity with a DOE grant to instantly become one of the headliners in Algae Bioreactor Technology.
We have had the pilot scale bioreactor up now for about three quarters. From the GERS web site: GreenShift’s pilot bioreactor is designed as a mobile demonstration platform to quantify existing bench top testing results and to refine the design parameters for commercial-scale deployments of the technology at targeted locations. It certainly appears we would have both the technical and economic performance data at the bench and pilot scale as required in the application. With our $125,000 already set to match the $375,000 Montana State grant, it would appear to the uninitiated that this half million could be used to provide the 30% non "federal" funds. That could theoretically be parlayed into a total 1.67 Million research grubstake, with no additional cost to the company or shareholders. With a larger company investment, the grant could be huge.
Tiny Office
December 22, 2008
DOE Announces Funding Opportunity of up to $200 Million for Pilot and Demonstration Scale Biorefinery Projects Projects Will Demonstrate Continued Commitment to Develop Sustainable, Cost-Competitive Advanced Biofuels
WASHINGTON – The U.S. Department of Energy (DOE) today announced the issuance of a Funding Opportunity Announcement (FOA) for up to $200 million over six years (FY 2009 – FY 2014), subject to annual appropriations, to support the development of pilot and demonstration-scale biorefineries including the use of feedstocks such as algae and production of advanced biofuels such as bio-butanol, green gasoline and other innovative biofuels. The projects will support the Administration’s comprehensive energy strategy of increasing the nation’s energy, economic and national security by reducing our reliance on foreign oil, and reducing greenhouse gases. While supporting deployment and increased biofuels usage, DOE continues to focus on research and development of advanced biofuels technologies.
“This funding opportunity will look for the most promising technologies that can advance the potential of renewable biomass as a resource for second generation transportation biofuels,” Acting Assistant Secretary for Energy Efficiency and Renewable Energy John F. Mizroch said. “The Department of Energy will select breakthrough integrated biorefinery projects that have technical and economic performance data at the bench or pilot scale to prove they are ready to move a step closer toward commercial readiness.”
The FOA has two topic areas for biorefinery development:
Pilot-scale, minimum throughput of one dry tonne of feedstock per day with a minimum non-federal cost-share at 30 percent.
Demonstration-scale minimum throughput of 50 dry tonnes of feedstock per day, with a minimum non-federal cost-share at 50 percent.
DOE anticipates making approximately 5-12 awards under this announcement, depending on the topic area, and size of awards. Projects selected under this FOA will provide operational data that reduces the risk associated with commercialization. The intent of this FOA is to have integrated biorefinery projects at the pilot and demonstration scale levels operational within three to four years after applicants are selected. All projects must be located within the U.S., use feedstock from domestic biomass resources, and demonstrate significant greenhouse gas reductions on a lifecycle basis. This FOA adds to over $1 billion DOE has committed to research, development, and demonstration of cellulosic biofuels technology.
These pilot and demonstration-scale facilities are intended to lead to commercialization in the near term. If deployed on a large scale, these commercial facilities could produce volumes that could significantly contribute to the Energy and Independence Security Act (EISA) Renewable Fuels Standard goal of 21 billion gallons of advanced biofuels by 2022. The projects selected will demonstrate the commercial viability for producing advanced biofuels from a variety of biomass conversion technologies and non-food feedstocks, therefore reducing U.S. dependence on oil. Advanced biofuels produced from these projects are expected to reduce greenhouse gas emissions by a minimum of 50 percent, as determined by the Environmental Protection Agency.
Mandatory letters of intent are due February, 20, 2009, and completed applications are due April 30, 2009. The complete FOA (number DE-PS36-09GO99038), can be viewed at http://www.grants.gov/. Projects are expected to begin in Fiscal Year 2009 and continue through Fiscal Year 2014. Funding is subject to annual Congressional appropriations.
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