WASHINGTON, D.C. — Growth Energy praised the U.S. Department of Agriculture’s (USDA) release of $25 million of biofuels infrastructure grant awards today as well as the upcoming availability of $450 million in additional biofuels infrastructure funding. The funding, announced by USDA Secretary Tom Vilsack, can be used by retailers to expand access to higher ethanol blends like E15—a fuel made with 15% ethanol.
“Secretary Vilsack’s announcement is great news for biofuel producers, retailers, and consumers,” said Growth Energy CEO Emily Skor. “Over the last two summers, we’ve seen E15 prove itself again and again as a proven source of savings for working families and a shield against volatile fossil fuel markets. The grant funding announced today will help our retail partners to expand options at the pump so more American drivers can save money and reduce their carbon emissions.”
Today’s announcement builds on the USDA’s past efforts to support sales of higher biofuel blends through the Higher Blends Infrastructure Incentive Program (HBIIP), which received a $500 million boost under President Biden’s Inflation Reduction Act. Since 2014, Growth Energy has helped retailers across the country acquire $230 million in federal, state, and private grants that have gone toward making the necessary changes for them to offer E15 to their customers.
“These historic investments would not have been possible without the support of Secretary Vilsack and rural champions in Congress,” said Jake Comer, Growth Energy’s vice president of Market Development. “We’re grateful for their efforts, and we look forward to working with them to tear down remaining barriers to higher ethanol blends, including outdated restrictions on summer sales of E15.”