White House Announcement Of Awards Under Defense Production Act

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On September 19, 2014, Secretary Vilsack was joined by Deputy Secretary of Energy, Dan Poneman, and Secretary of the Navy, Ray Mabus, to announce contract awards to three separate companies to produce over one million gallons per year of advanced drop-in jet biofuels to be used by the U.S. Department of Defense and the private transportation sector. The three companies receiving the $210 million in contract awards are Emerald Biofuels, Fulcrum Bioenergy, and Red Rock Biofuels. The announcement was shown via live webcast via the White House website. More information is available here and here.

This announcement comes as part of an ongoing joint, combined $510 million effort among the Departments of Energy, Agriculture, and the Navy to help facilitate the production and use of U.S. advanced drop-in biofuels for military and commercial use.

 

 

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