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North Carolina Agency Pours $700K into Bio Diesel and Other Bio Fuel Research

North Carolina Agency Pours $700K into Bio Diesel and Other Bio Fuel ResearchOn April 5, 2013, the Biofuels Center of North Carolina announced that it had dedicated almost $700,000 in sponsorship to six different projects that are united by a common aim: to develop the bio fuels sector in western North Carolina. The center is a private agency in partnership with the North Carolina Department of Agriculture and Consumer Services.

According to the Center, North Carolina buys 5.6 billion gallons of liquid fuel from external fuel sources every year. Their goal is to help achieve North Carolina’s goal of 10% of local fuel requirements coming from bio fuels like bio ethanol and bio diesel that are produced from locally grown feedstock.

As public understanding of bio fuels becomes more widespread, this should translate into greater support and willingness to purchase these fuels. This will have the effect of increasing the scope and size of the industry, which will generate a lot of revenue, a portion of which should flow back into research and development projects that make growing and production processes ever more efficient and cost effective.

The day may not be all that far away when we will see bio fuels like bio diesel available on the forecourt of gas stations all over the state, whether in their pure form or in petroleum-based / bio fuel blends (at least initially).

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