The U.K. Department for Transport recently announced it will provide £25 million ($38.37 million) in capital funding to support the development of one or more demonstration-scale advanced biofuel plants. The projects will be selected through a competitive process, with funding provided to selected projects over a three-year period, beginning in 2015. The government funding program is designed to underpin significant private sector investments.
According to information released by the Department for Transport, it will commission a feasibility study to report on the detailed design of the proposed competitive, including eligibility criteria and funding scheme options
Tags: advanced biofuel sector, current-generation biofuels, demonstration-scale, environmental performance,
Source: Biomass Magazine, 2013-08-05.