Re-N-Vision Awarded Department of Energy Grant to Test and Develop Blue Biofuels’ CTS Technology in Equitable Energy Transition
08.04.2022 By Ella Keskin - NEWS

August 04, 2022 [GlobeNewsWire] – Blue Biofuels, Inc. announces that Re-N-Vision, LLC, based out of St. Louis, MO, has received a Small Business Innovation Research (SBIR) Phase I Department of Energy grant for $199,902 with the title “Disadvantaged Community Bioenergy Feedstock Consortium in Urban Areas”. The grant was awarded under the Energy Efficiency and Renewable Energy Funding Program joint topic “Community-Driven Solutions for a Just and Equitable Energy Transition”. The CTS technology of Blue Biofuels is chosen by Re-N-Vision to test the processing of agricultural and cellulosic waste into bioproducts.

 

 

The Phase I project will utilize Blue Biofuels’ CTS technology to process samples of agricultural and cellulosic waste to ascertain convertibility, yield and efficiency of these new specific feedstocks. Re-N-Vision is in contact with the Missouri Department of Agriculture, and has received a letter of support for this program. There are tons of agricultural waste currently discarded that offer the potential to be acquired at little to no cost.

Re-N-Vision’s focus is to build a consortium of stakeholders in disadvantaged urban communities that will strengthen economic growth, local infrastructure, and community dignity, while producing environmental benefits within the community by growing, cultivating, and/or collecting plant-based feedstock and waste, and processing it into saleable bioproducts.

Upon completion of Phase I, Re-N-Vision plans to apply for a Phase II grant, which is up to $2.2 million. The plan for Phase II is to utilize kilotons of agricultural waste as feedstock to create bio products. If Phase II is successful, Re-N-Vision plans to apply for a Phase III grant, which can be several million and is made at the discretion of the U.S. Department of Energy. Blue Biofuels will collaborate with Re-N-Vision on all future phases of the project.

 

ABOUT RE-N-VISION

Re-N-Vision, LLC, is a WBE, MBE established in 2007 to provide alternative methods and means for beautification. The company has established roots in real estate, personal services, community development, and global trading. With this bioenergy initiative, the company intends to further champion clean technology, neighborhood revitalization, disadvantaged community job creation, and urban area beautification.

 

ABOUT BLUE BIOFUELS’ CTS TECHNOLOGY

Blue Biofuels’ Cellulose to Sugar (“CTS”) technology is an environmentally friendly, sustainable, and 100% renewable green energy system. It is a near-zero carbon footprint process that can convert virtually any plant material – grasses, wood, paper, farm waste, yard waste, forestry products, fruit casings, nut shells, and the cellulosic portion of municipal solid waste — into sugars and lignin. Sugars are subsequently processed into biofuels. Lignin may be used in specialty chemicals, ion exchange resins, or further converted into bioplastics. The CTS process is an independently-developed patented and proprietary technology wholly owned by Blue Biofuels.

Blue Biofuels’ management believes that bio-fuel originating from the Company’s CTS process will be eligible to receive generous D3 cellulosic Renewable Fuel Credits (“RINs”). The D3 RIN is currently around $2.90/gallon of ethanol, which could provide income in addition to that from ethanol sales. This incentive is offered to all domestic cellulosic fuel producers whose fuel is used in the transportation industry. The Environmental Protection Agency’s mandate for cellulosic ethanol is 620 million gallons for 2021 and 770 million gallons for 2022.

 


Pro Trial: Access 11,340 Tank Terminal and Production Facilities

11,340 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Explainer: Europe Set to Import Banned Russian Diesel Without Knowing
12.08.2022 - NEWS
December 8, 2022 [Reuters] – European motorists could find Russian diesel in their tanks ev... Read More
Crude Oil Price Forecast – Crude Oil Markets Balance
12.08.2022 - NEWS
December 6, 2022 [FXEmpire] – Crude oil markets have initially fallen during the trading se... Read More
UAE 9-Month Non-Oil Trade Soars 19% to $435.6bn
12.08.2022 - NEWS
December 6, 2022 [TradeArabia] – The UAE’s foreign non-oil trade created another record i... Read More
WTI Falls Despite Crude Draw As Product Inventories Soar
12.08.2022 - NEWS
December 8, 2022 [OilPrice.com] – Crude oil prices fell slightly today after the U.S. Energ... Read More