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Iowa announces Renewable Fuel Infrastructure grants
Iowa continues to invest in biofuels infrastructure.
Iowa Renewable Fuels Association executive director Monte Shaw says grants totaling more than $6.3 million have been awarded to fuel retailers across the state.
“They’re cost-share grants, so (the retailers) have to put in some money as well, to add infrastructure to be able to offer higher blends of ethanol like E15 or E-85, or higher biodiesel blends. It’s called the Renewable Fuels Infrastructure Program.”
The projects are located across 61 Iowa counties.
“You might have an older station that does not have a compliant tank, and they’re like ‘I need to offer E15, my competitor down the street is (and) beating me 15 cents a gallon (so) I’m not going to stay in business.’ These grants can help you replace an entire underground storage tank system as well if you have to.”
Iowa Ag Secretary Mike Naig says drivers gain another opportunity to save money every time a new pump is installed or upgraded at an Iowa gas station to dispense E15 and other higher biofuel blends.