Lincoln, Nebraska, Mar 07, 2011 -- USDA Rural Development has issued an interim rule for the Advanced Biofuel Payment Program. The purpose of this program is to support and ensure an expanding production of Advanced Biofuels by providing payments to eligible advanced biofuel producers.
Eligible applicants are entities that produce and sell eligible advanced biofuel, regardless of the location of the production facilities or U.S. citizenship.
Advanced biofuels are typically fuels produced from renewable biomass other than corn kernel starch such as biofuel derived from cellulose, sugar and starch, hemicelluloses, or lignin, waste material, biogas, butanol, diesel-equivalent fuel, etc..
Under the Advanced Biofuel Payment Program, USDA Rural Development enters into contracts with advanced biofuel producers to pay them for the production of eligible advanced biofuels. Producers must first enroll in the program by the established deadlines. The Agency will then make an eligibility determination, and issue eligible producers a contract for execution. Once executed by the producers and the agency, the producers will be required to submit payment applications to the agency each quarter. Quarterly payments will be made on eligible advanced biofuel produced during that quarter. One time additional incentive payments may be made to certain producers who increase advanced biofuel production over the previous year’s production.
The enrollment window for Fiscal Year 2010 funding consideration is between: March 14, 2011 and April 12, 2011. For further information and application details, please visit the USDA Rural Development Nebraska website at: http://www.rurdev.usda.gov/ne/Energy_Section%209005.htm or contact Deb Yocum, Rural Energy Coordinator at 402-437-5554 or via email at email@example.com
Written comments can be submitted on the Interim Rule as directed in the February 11, 2011 Federal Register publication. Comments are due on or before April 12, 2011.