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On August 19, 2015, the U.S. Department of Agriculture (USDA) Farm Service Agency (FSA) announced the start of enrollment for financial assistance through the Biomass Crop Assistance Program (BCAP) to assist in growing new sources of biomass. The enrollment is open for farmers and forest landowners who will be growing biomass for energy or designated biobased products. USDA is allocating $7.7 million for four existing BCAP project areas in New York, North Carolina, Ohio/Pennsylvania, and...

On July 16, 2015, the U.S. Department of Agriculture (USDA) Secretary Tom Vilsack announced that USDA is accepting applications for loan guarantees up to $250 million through the Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program, formerly known as the Biorefinery Assistance Program. The funding is divided into rounds one and two with applications due on October 1, 2015, and April 1, 2016, respectively. In addition to opening funding, USDA has improved the...

On July 9, 2015, the U.S. Department of Energy (DOE) announced $18 million in funding for six projects to develop bioproducts and biofuels from algae. The funding is intended to reduce the cost of algae-based biofuels to less than $5 per gasoline gallon equivalent (gge) by 2019 to help reach DOE's target of $3 per gge for advanced algal biofuels by 2030. The projects that were selected for the funding are run by Producing Algae...

On June 12, 2015, the USDA began accepting applications for grants under the Biofuels Infrastructure Partnership (BIP). Through the Commodity Credit Corporation (CCC), BIP will provide up to $100 million in grants to support infrastructure development to make renewable fuel options, including E15 and E85, an option for more American consumers. CCC funds will pay a portion of the costs associated with the installation infrastructure and fuel pumps used to distribute higher ethanol blends to...

On May 20, 2015, the House voted to pass the America COMPETES Reauthorization Act of 2015 (H.R. 1806) (COMPETES), a research funding bill that was originally enacted in 2007 to further U.S. scientific and technological advantages. The new version of COMPETES increases funding for nuclear energy and fossil fuel research programs, while cutting clean and renewable energy programs. The U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy will have funding reduced...

On May 14, 2015, Bank of America (BoA) announced that it has issued a $600 million bond to fund renewable energy and energy efficiency projects. This is the second time that BoA has offered green energy bonds. In 2013, BoA issued $500 million in green bonds after pledging to commit $50 billion over ten years to advance renewable energy and promote energy efficiency projects. The new $600 million bond will advance low-carbon solutions by lending,...

On April 22, 2015, U.S. Department of Agriculture (USDA) Secretary Tom Vilsack celebrated Earth Day by announcing that USDA "is providing more than $112 million in loans and grants to help rural communities build and upgrade their water and energy infrastructure systems." The funding for the energy infrastructure programs is provided through the Rural Energy for America Program (REAP), and funds a total of 25 renewable energy projects. The grants support government bodies, utilities,...

The U.S. Department of Agriculture (USDA), in partnership with the U.S. Forest Service, has announced the recipients of the 2015 Wood Innovations Grants. More than 40 projects were awarded over $9 million to expand and accelerate wood energy and wood product markets. The $9 million will leverage private investments from partners, resulting in a total of $31 million distributed to grant winners across 23 different states. The projects range from "Composting Forest Biomass to Reduce...

On February 17, 2015, the U.S. Department of Energy (DOE) published in the Federal Register a Notice of Open Meeting for the Biomass Research and Development Technical Advisory Committee (the Committee). The Committee plans to meet on March 5, 2015, from 8:30 a.m. to 5:30 p.m. and March 6, 2015, from 8:30 a.m. to 1:00 p.m. at the Marriott Wardman Park in Washington, D.C. The agenda includes updates on the Biomass Research and Development Initiative,...

On February 2, 2015, the White House released the 2016 fiscal year budget request for the U.S. Department of Energy (DOE). Under this proposed plan, DOE would receive $29.9 billion, an increase of $2.6 billion from the 2015 fiscal year. The increase in funding for DOE would focus on renewable energy, energy efficiency, and clean power technology with some of the additional money coming from DOE’s fossil fuel programs. A total of $7.4 billion of...