IDED Annual Report

Renewable Fuel Infrastructure Report for FY '10

The RFIP Board awarded 54 grants in FY10; however, one grant was withdrawn by the applicant after the awards were made. Three companies received additional funds through amended awards.

Two E85 dispenser, two tank vehicle and one biodiesel terminal awards from FY09 that either expired or were withdrawn in FY10 include two E85 dispensers, two tank vehicles and one biodiesel terminal. These award amounts were returned to the RFIP fund. The RFIP fund ended the year with a balance of $3,547,226.

Almost all applicants for an E85 dispenser, E85 blender dispenser and biodiesel dispensers are requesting five-year contracts and awards of 70% of their renewable fuel infrastructure improvement costs up to $50,000.

The break-out of the awards for FY'10 is as follows:

Awards

Description

    Dollars

14

E85 dispenser

 $     654,000

6

E85 blender dispenser

 $     277,300

25

Biodiesel dispenser

 $ 1,037,500

3

Biodiesel terminal

 $     90,900

2

Biodiesel terminal heated

 $     109,000

50

Total

 $ 2,168,700


The tracking of the grants by Congressional District for FY`09 are as follows:

Congressional
District
Number
of
Grants
Grant
dollars
E85
dispenser
1 5 $208,300 3 - $114,700
2 7 $291,900 3 - $151,400
3 17 $818,000 7 - $339,200
4 11 $402,300 1 - $ 50,000
5 10 $448,200 6 - $276,000
Total
50

$2,168,700

$931,300


Congressional
District
Biodiesel
dispenser
Biodiesel
terminal
(heated)
Biodiesel
terminal
(non-heated)
1 3 - $ 93,600 0 0
2 3 - $131,500 1 - $ 9,000 0
3 9 - $378,800 1 - $100,000 0
4 7 - $261,400 0 3 - $90,900
5 4 - $172,200 0 0
Total
$1,037,500

$109,000

$90,900

Access the full list of awards: [LINK]

For the third consecutive year, the Iowa Motor Truck Association did not bring forth a candidate to serve on the Renewable Fuel Infrastructure (RFIP) Board. Therefore, the RFIP Board functions with ten board members:


Al Hillgren, Des Moines, representing the Iowa Petroleum Equipment Contractors Association
Brian Wiegert, Waukee, representing the insurers
Eric Seuren, West Des Moines, representing the Petroleum Refining, Terminals & Distribution
Kenneth Pangburn, Corning, representing the Iowa Farm Bureau Federation
Jeff Hove, West Des Moines, representing the Petroleum Markets and Convenience Stores of Iowa
Jill Reams-Widder, Ankeny, representing the Iowa Grocery Industry Association
Diane Dennler, Mason City, representing the Iowa Renewable Fuels Association
Sandy Simpson, Onawa, representing the Agribusiness Association of Iowa
Keith Sexton, Rockwell City, representing the Iowa Corn Growers Association
Cindi Grover, Elma, representing the Iowa Soybean Association

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