WASHINGTON, D.C. – Immediately, Development Power—the nation’s largest biofuel commerce affiliation—celebrated completion of the fifth and remaining spherical of functions for the U.S. Division of Agriculture’s (USDA) Larger Blends Infrastructure Incentive Program (HBIIP) by releasing new figures that display how Development Power has helped retailers set up tools to supply greater biofuel blends like E15 and E85.
In complete, Development Power facilitated 54% of grant functions for the final 5 rounds of HBIIP leading to 1,173 complete websites including greater bioethanol-blended fuels. With these additions, our retail companions will generate 100 million gallons of further bioethanol demand yearly. Via grant writing, per-gallon incentives, and even direct monetary assist, Development Power has pushed greater than $1 billion in investments in new biofuels infrastructure since 2011, the yr the U.S. Environmental Safety Company (EPA) accredited Development Power’s waiver request that finally allowed the sale of E15 in automobiles made in 2001 or newer.
“Over the previous few summers, E15 has been saving drivers 10 to 30 cents per gallon, and our leaders in Congress are rallying bipartisan assist to make these financial savings a everlasting, year-round function of {the marketplace},” mentioned Development Power CEO Emily Skor. “We’re dedicated to rising client entry to this extra inexpensive, lower-carbon gas choice. With each new pump that gives E15, we’re rising American power safety, lowering emissions, and holding down costs for hardworking households.”
“We’re thrilled with the excellent outcomes we’ve seen to this point, from HBIIP and the packages that preceded it, and, as at all times, are grateful to our retail companions and USDA Secretary Vilsack for making it attainable,” Skor added.
“We invite drivers from all throughout Florida, Texas, and Georgia to go to certainly one of our places that gives E15 and take a look at it out for themselves. This can be a gas choice that’s suitable with 96% of the automobiles on the street, higher for the atmosphere, and simpler on their wallets,” mentioned Steve Stroll, COO of Protec Gas. “We’re excited to see what the long run holds for our shops and their clients as they provide this extra inexpensive gas choice, and we thank the staff at Development Power for his or her assist all through the grant course of–with out them, this wouldn’t have been attainable.”
The success of HBIIP illustrates the rising demand for extra inexpensive, lower-carbon gas choices amongst retailers and their clients. Development Power will proceed to construct on this momentum so that buyers throughout the nation have entry to the cleaner burning, cost-lowering gas choice.
