During the grand opening along with partners from the California Department of General Services, California Energy Commission and Calstart&East Bay Clean Citites, Propel Fuel launched his operations in area which will include more than 20 stations across the Bay, with up to 10 open by this end of the year.
Propel will take the claim of launching the first Bay Area network for renewable fuel stations and is working in concert with the Governor Arnold Schwarzenegger’s office, CALSTART and East Bay Clean Cities.
At the event they also announced a also announced a $10.9 million grant from the U.S. Department of Energy (DOE) and California Energy Commission (CEC) to build and operate 75 retail renewable fuel stations throughout California over the next two years.
This development project is know as the Low Carbon Fuel Infrastructure Investment Initiative (LCFI3) and it has the potential to create more than 450 green jobs in California while displacing 39 million gallons of petroleum and save more than 187,500 tons of CO2 emissions per year.
The key to the future development of the ethanol market will be the further approval of E15, which corresponds to the ratio of the blend of ethanol to petrol in the current fuel mix. The percentage standards that the US Environmental Protection Agency (EPA) has proposed for the four RFS2 fuels categories in 2011 under its Renewable Fuel Standard programme include cellulosic biofuels at between 0.0004 and 0.015 per cent, advanced biofuels at 0.77 per cent and biomass-based diesel at 0.68 per cent.
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