Developed by: Inflation Reduction Act
Federal Agency: Department of the Agriculture
Competitive Grant
Description: To provide grants through the Higher Blend Infrastructure Incentive Program, which has the goal of significantly increasing the sales and use of higher blends of ethanol and biodiesel by expanding the infrastructure for renewable fuels derived from U.S. agricultural products and by sharing the costs related to building out biofuel-related infrastructure.
Recipients: Transportation fueling facilities including fueling stations, convenience stores, hypermarket fueling stations, fleet facilities (including rail and marine), and similar entities with capital investments; fuel distribution facilities, such as terminal operations, depots, and midstream partners, and similarly equivalent operations.
Timing: Credit is for hydrogen produced after 12/31/22. Credit is available for facilities placed in service before 1/1/33 for their first 10 years in service
Eligible Uses: (1) Fueling stations, convenience stores, hypermarket fueling stations, fleet facilities, and similar entities with capital investments) for eligible implementation activities related to higher blends of fuel ethanol greater than 10 percent ethanol, such as E15 or higher, and biodiesel greater than 5 percent biodiesel, such as B20 or higher; and (2) Terminal operations, depots, and midstream partners, for eligible implementation activities related to higher blends of fuel ethanol greater than 10 percent ethanol, such as E15 or higher, and biodiesel greater than 5 percent biodiesel, such as B20 or higher.
More information: USDA Announcement