Chevron Technology Ventures LLC (CTV), a subsidiary of Chevron Corp., and NREL have signed a five-year agreement to research and develop new production technologies for biofuels. Researchers from CTV and NREL will collaborate on projects to develop the next generation of process technologies that will convert cellulosic biomass, such as forestry and agricultural wastes, into biofuels such as ethanol and renewable diesel.
"Our goal is to further diversify the world's energy sources in order to help meet the growth in future energy demand," said Don Paul, vice president and chief technology officer, Chevron Corp. "Through this public- private collaboration we hope to broaden the energy mix by accelerating the development of the next generation of process technologies that will convert cellulosic biomass into biofuels. Process efficiency and suitability for industrial-scale deployment, similar to today's transportation infrastructure systems, are key success factors."
"Increasing the amount of fuels we can make from America's farms, forests and fields will greatly enhance the nation's energy security and economy and help the environment," said Dan Arvizu, director, NREL. "Agreements such as this will help us accomplish that."