This project is expected to increase annual sales of biodiesel by more than 16 million gallons.Īdditional awards will be announced in the coming weeks. The funds also will be used to install piping, circulation lines, a heating system for biodiesel flow control, electronics and other equipment. will use a $1 million grant to install four 50,000-gallon B10 bioheat storage tanks, a 25,000-gallon B10 on-road biodiesel storage tank and a B100 biodiesel storage tank at a fuel distribution facility in Carmel. The project is expected to increase annual sales of biofuels by nearly 122,000 gallons.
In Minnesota, Farmers Cooperative Oil Company will use a $623,500 grant to replace nine E85 dispensers, two B20 dispensers, two ethanol storage tanks and two biodiesel storage tanks at a fueling station in Barnesville. This project is expected to increase annual sales of ethanol by approximately 635,000 gallons. In Iowa, Kimmes Enterprises LLC will use a $510,500 grant to replace four E15 dispensers and four ethanol storage tanks at three fueling stations located in Carroll, Rockwell City and Baxter. These grants will continue to support the infrastructure needed to lower out-of-pocket costs for transportation fueling and distribution facilities to install and upgrade biofuel-related infrastructure such as pumps, dispensers and storage tanks.Īmong the awards Secretary Vilsack announced today: In addition, USDA announced today that in July the Department will begin accepting applications for $450 million in grants through HBIIP. To learn more, you may view the list of Higher Blends Infrastructure Incentive Program awardees. Secretary Vilsack today announced the first awardees of 59 infrastructure projects that will receive a total of $25 million. In December 2022, USDA made available $50 million in Inflation Reduction Act funding to expand the use and availability of higher-blend biofuels through the Higher Blends Infrastructure Incentive Program (HBIIP). “By expanding the availability of homegrown biofuels, we are strengthening our energy independence, creating new market opportunities and revenue streams for American producers, and bringing good-paying jobs and other economic benefits to rural and farm communities.” “President Biden’s Inflation Reduction Act is a historic investment that will expand clean energy, lower costs for Americans, and build an economy that benefits working families and small businesses,” Vilsack said. 
Department of Agriculture (USDA) Secretary Tom Vilsack today announced that USDA plans to invest up to $500 million from President Biden’s Inflation Reduction Act to increase the availability of domestic biofuels and give Americans additional cleaner fuel options at the pump.
Department of Agriculture) Funds Are Being Provided by President Biden’s Inflation Reduction Act USDA Awards First Round of Funding to 59 Infrastructure Projects - U.S.
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