18 June 2013 05:19 [Source: ICIS news]
MONTREAL, Canada (ICIS)--There is a greater focus need on research, development, deployment and demonstration (RDD&D) for a range of technologies to displace the entire barrel of petroleum crude, a Department of Energy (DOE) technology manager said on Monday
The US spends about $1bn (€750m) each day on crude oil imports, and only 40% of a barrel of crude oil is used to produce petroleum gasoline, said Joyce Yang from the DOE’s Energy Efficiency & Renewable Energy (EERE) office.
“Reducing our dependence on oil also requires replacing diesel, jet fuel, heavy distillates and a range of other chemicals and products that are currently derived from crude oil,” Yang said.
In its May update, the EERE said it will focus on research and development (R&D) of a sustainable, high-quality feedstock supply system, R&D of biomass conversion technologies, industrial-scale demonstration and validation of integrated biorefineries, as well as cross-cutting sustainability, analysis, and strategic communications activities.
The World Congress on Industrial Biotechnology conference runs through Wednesday.
($1 = €0.75)
Follow Tracy on Twitter
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
Asian Chemical Connections