"In the first HBIIP funding opportunity, the Renewable Fuels Association was able to assist applicants secure funding in 22 states which will result in over $50 million in new ethanol infrastructure and bring almost 1,200 new blender dispensers to the marketplace. RFA was front-and-center once again on this second round, working up to the final hour to assist as many retailers as we could. In the end, we helped 11 companies in seven states submit applications for 47 locations that could result in 233 new higher blend dispensers where consumers can enjoy the benefits of higher ethanol blends.
"According to the USDA, HBIIP was created to increase significantly the sales and use of higher blends of ethanol and biodiesel by expanding the infrastructure for renewable fuels. The program is also intended to encourage a more comprehensive approach to market higher blends by sharing the costs related to building out biofuel-related infrastructure.
"For retailers, HBIIP can provide the extra support needed to bring higher blends into their marketplace. The cost-share grants provide up to 50 percent of total eligible project costs, not to exceed $3 million per applicant. The program will share the costs related to the upgrading of fuel dispensers (gas and diesel pumps), associated ancillary equipment, and other infrastructure necessary for a location to ensure the environmentally safe availability of fuel containing ethanol blends greater than 10 percent such as E15 and E85 or fuel containing biodiesel blends greater than 5 percent.
"We're looking forward to seeing this new round of grants announced and fulfilled, so we can help retailers move more low-carbon ethanol into fuel tanks around the country. For those retailers that might have missed out on this funding opportunity, there are some states and individual renewable fuel advocates that offer funding throughout the year. Please reach out to RFA for assistance in navigating these opportunities." (Source: Renewable Fuels Association , 3 Feb. 2021) Contact: Renewable Fuels Association,
Cassie Mullen, Dir. Market Development, www.ethanolrfa.org
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"We thank the USDA for its efforts to support the future of renewable fuels." -- Geoff Cooper, CEO, Pres., Renewable Fuels Association
Cooper was commenting on the USDA's just announced $100 million grant program for activities designed to expand the availability and sale of higher blends of ethanol like E15 and E85, as well as other renewable fuel blends. (Source: RFA, PR, Various Media, 4 May, 2020) Contact: Renewable Fuels Association, Geoff Cooper, (202) 289-3835, www.ethanolrfa.org
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