USDA: $210M to be invested in renewable fuel pump infrastructure through the Biofuel Infrastructure Partnership
29 October 2015
The US Department of Agriculture (USDA) is partnering with 21 states through the Biofuel Infrastructure Partnership (BIP) nearly to double the number of fueling pumps nationwide that supply renewable fuels to American motorists.
In May 2015, USDA announced the availability of $100 million in grants through the BIP, and that to apply states and private partners match the federal funding by a 1:1 ratio. USDA received applications requesting more than $130 million, outpacing the $100 million that is available. With the matching commitments by state and private entities, the BIP is investing a total of $210 million to strengthen the rural economy.
The 21 states participating in the BIP include Colorado, Florida, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Michigan, Minnesota, Missouri, Nebraska, North Carolina, North Dakota, Ohio, Pennsylvania, South Dakota, Texas, Virginia, West Virginia, and Wisconsin.
The final awards are estimated to expand infrastructure by nearly 5,000 pumps at more than 1,400 fueling stations.
A typical gasoline pump delivers fuel with 10% ethanol, which limits the amount of renewable energy that consumers can purchase. The new partnership will increase the number of pumps, storage and related infrastructure that offer higher blends of ethanol, such as E15, E85, and even intermediate combination blends.
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