US creates three centers for research on biofuels: report

Pharma

The US Energy Department is creating three bioenergy research centers to find new ways to turn plants into fuel, The New York Times reported Tuesday.

The three centers, which the department described as three start-up companies with $125 million each in capital, will be in Oak Ridge, Tennessee; Madison, Wisconsin; and a site near Berkeley, California. They will involve numerous universities, national laboratories and private companies. The goal of the centers, which were to be announced Tuesday, is to bring new technologies to the market within five years.

The bioenergy centers will focus on finding naturally occurring microbes that can break down lignin, a component of plants and trees, to give access to the fuel-making material inside, cellulose. Cellulose can be converted into ethanol or other liquid fuels, like butanol and biodiesel, said Raymond L. Orbach, undersecretary for science at the Energy Department. Today, companies trying to commercialize cellulosic ethanol use heat and acids, an expensive process. The centers will also work on creating new crops that produce a type of lignin that is easier to process, Orbach said. (people.com.cn)

ADVERTISEMENT

Avg Gross Earnings at HUF 559,100 in July 2023 Figures

Avg Gross Earnings at HUF 559,100 in July 2023

Gov't Extends Deposit Rate Cap Till Year-end Government

Gov't Extends Deposit Rate Cap Till Year-end

Scope Changes Outlook on Magyar Telekom Rating to Positive Telco

Scope Changes Outlook on Magyar Telekom Rating to Positive

Esztergom Guest Nights up 15% in July Tourism

Esztergom Guest Nights up 15% in July

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.