Navy to Stay the Course With Biofuels

National Defense Magazine, by Sandra I. Erwin, January 20, 2014  

The Navy is committed to a goal set in 2009 to power aircraft and ships with biofuel blends as soon as 2016 and says it is ready to buy hundreds of millions of gallons of biofuels as soon as they are price competitive with petroleum. However, the industry needs massive cash infusions to scale up production and drive down cost. The Navy last year awarded about $20 million worth of contracts to four companies that committed to produce 170 million gallons of drop-in military grade biofuels per year at an average price below $3.50 a gallon. The next big milestone in the Navy's biofuel program will be a “great green fleet” — a carrier battle group whose ships and aircraft will deploy in 2016 with half their fuel supply coming from renewables.

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