Tuesday, September 28, 2010

Kansas Bioscience Authority will seek about $382M for energy deals - Wichita Business Journal:

http://shorepower.com/issues.html
Developed for the authority bythe , the plan identified existing projects that could qualifh for funds through the American Recoveru and Reinvestment Act. Examples $12 million for a technology that uses carbomn dioxide toextract hard-to-reach oil from nearlu depleted wells, $100 million for advanced biofuels/biorefineriess and $25 million to develop militaryu jet fuel from algae. KBA CEO Tom Thorntob said the report positions the authority to bea “proactiv e intermediary” in the effort for Kansas companie s and research institutions to win energy fundsa through the stimulus package.
He said the authority can help potentiaol beneficiaries prepare to apply once solicitationw hitthe street. The report, Thornton “is our effort to get way ahead ofthe curve.” A road map to potentiak funds is important because it lays out “the landscaped of where are the real strategic opportunities,” said Ron Trewyn, vice presiden for research at . The Department of Energy has allocated $118 milliohn in stimulus moneyto Kansas, said Abbie a spokeswoman for the , which includes the .
She said the financint includes $38 million for a revolving loan program availablde to homeowners and small businessesfor energy-efficiency The loans are supposed to be repaid throughu energy savings achieved by the improvements. The state also is slatefd to receive $23 million throug h the Energy Efficiency and Conservatiobn BlockGrant Program. Hodgson said the uses for that monegare broad, including retrofitting buildings and transportation projects.

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