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DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

Green Car Congress

The FOA modifies a much smaller and earlier-issued FOA by incorporating a supplemental $300 million appropriated by the American Recovery and Reinvestment Act (ARRA) of 2009 (the stimulus bill) for the Energy Policy Act (EPACT) of 2005 Section 721 to fund a competitive grant pilot program to be administered through the Clean Cities Program.

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NSF Awards NCSU Team $2M For Research on Deriving Drop-in Renewable Hydrocarbon Fuels from Algae

Green Car Congress

The team will begin working with marine algae called Dunaliella , which grow in brackish or salty water. Finally, the various fuels will be tested to ensure that they can be used in place of conventional diesel, gasoline and jet fuels. We’re looking at microscopic marine algae that produce fatty acids and do not have a cell wall.

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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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the global gasoline market will reach an estimated 375 billion gallons per year (BGPY) in 2021, while demand for diesel in ground transportation markets will reach at least 427 BGPY. Meanwhile, aviation and marine fuel demand could add 200 BGPY or more to global transportation fuel demand by 2021.despite Pike Research estimates that.

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Pike Research forecasts global biofuels market value to double to $185B by 2021

Green Car Congress

Pike Research estimates that the global gasoline market will reach an estimated 375 billion gallons per year (BGPY) in 2021. Meanwhile, aviation and marine fuel demand could add 200 BGPY or more to global transportation fuel demand by 2021. Governments are expected to retreat from stimulus investment highs, shifting financing.

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