The New York State Energy Research and Development Authority (NYSERDA) plans to award up to $7.8mn in grants to speed the deployment of innovative low-carbon fuels in the state.
The funds — which come from New York's quarterly sales of power plant carbon market allowances — are meant to cover some of the cost of one or two pilot projects that aim to turn in-state waste feedstocks into climate-friendly fuels. The goal is to "de-risk scale up" of innovative fuel pathways, NYSERDA said.
The grants are for fuels that can serve hard-to-electrify sectors or support grid reliability, excluding those targeting light-duty vehicles. And the agency wants to support less established pathways, explicitly barring fuels from conventional crops, renewable diesel and jet fuel made from hydro-processing oils and fats, and renewable natural gas from anaerobic digestion. Ammonia and hydrogen are separately ineligible.
Liquid-fuel pathways must produce at least 70pc fewer greenhouse gas emissions than petroleum alternatives, while renewable natural gas pathways must cut emissions by at least half. Potential waste feedstocks include municipal solid waste, landfill gas, wastewater sludge, agricultural residues, and captured carbon dioxide.
Full story New York to grant $7.8mn for low-carbon fuels | Latest Market News
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