Major funding boost for biofuels research

May 07, 2015
Written by
Graduate students working on yeast strains at the University of Western Ontario.
Graduate students working on yeast strains at the University of Western Ontario. Photo courtesy BioFuelNet Canada
May 7, 2015, Montreal – The national research network BioFuelNet Canada (BFN) has just released $8.5 million in funding for research and commercialization of advanced biofuels, which are produced from non-food materials – primarily waste.

This initiative is an important step to reduce harmful greenhouse gas emissions and fight climate change.
After a successful first phase of research, BFN is gearing up for a second phase that targets strategic areas in biofuels research such as aviation biofuels and forestry-based biofuels.

The Network will also take a hard look at the barriers to advanced biofuels production, such as policy and availability of suitable and inexpensive feedstock. BFN will be funding a total of 10 projects.
It’s clear that the biofuels market is now poised for exponential growth.

In the past year alone, North America has witnessed the successful launch of several advanced biofuels facilities, representing an investment of hundreds of millions of dollars.

Years of research and development in the industry are finally paying off, not only in terms of sophisticated technologies for producing biofuels, but the facilities to house these technologies.

Renewable energy has proven to be sustainable both environmentally and economically. In early March the International Energy Agency (IEA) announced that in 2014, the economy grew while carbon dioxide (CO2) emissions did not; an unprecedented and exciting trend.

The Network operates under a $25 million grant over 5 years (2012 to 2017) through the Networks Centres of Excellence program of the Federal Government, and is hosted by McGill University. What’s more, every dollar BFN invests in advanced biofuels is leveraged by $1.30 contribution from its partners.

BioFuelNet is a national research network that brings together academia, industry, investment and government, BFN seeks to harness opportunities in biofuels research and address barriers to sustainable biofuels production. 

BFN’s community extends to over 175 academic researchers and 140 organizations from both the public and private sectors, including such notable industry partners as Enerkem, Siemens ADGT, Ford Canada, Air Canada and FP Innovations.

Add comment

Security code

Subscription Centre

New Subscription
Already a Subscriber
Customer Service
View Digital Magazine Renew

Most Popular

Latest Events

Salon du Végétale
Tue Sep 10, 2019
Tue Sep 10, 2019 @ 8:00am - 05:00pm
SAF Conference
Wed Sep 18, 2019
CIB Symposium
Tue Sep 24, 2019
Wed Sep 25, 2019

We are using cookies to give you the best experience on our website. By continuing to use the site, you agree to the use of cookies. To find out more, read our Privacy Policy.