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Wisconsin Ag News Headlines |
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Wisconsin Part of USDA Program to Install Biofuel Pumps
Wisconsin Ag Connection - 09/14/2015
The federal government is providing grant money to Wisconsin, which should lead to the installation of about 12 new biofuel pumps in the state. Last week, U.S. Agriculture Secretary Tom Vilsack announced that 21 states will receive grants through the Biofuel Infrastructure Partnership to add infrastructure needed
to supply more renewable fuel to America's drivers.
Since announcing the program in May, the Farm Service Agency received applications requesting over $130 million, outpacing the $100 million that is available. With a more than 1:1 match from private and state resources, USDA estimates that the BIP grants will support nearly 5,000 pumps at over 1,400 fuelling
stations across the country.
A typical gas pump delivers fuel with 10 percent ethanol, which limits the amount of renewable energy most consumers can purchase at the pump. USDA estimates that this investment will more than double the number of stations that offer intermediate blends of ethanol, mainly E15 fuel levels, nationwide.
Through BIP, USDA will award competitive grants, matched by states, to expand the infrastructure for distribution of higher blends of ethanol. BIP funds from the Commodity Credit Corporation must be used to pay a portion of the costs related to the installation of fuel pumps and related infrastructure dedicated
to the distribution of higher ethanol blends.
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