The Energy Commission is announcing the availability of the California Ethanol Producers Incentive Program (CEPIP). This program will provide operators of existing corn ethanol production plants in California with temporary financial assistance, as funding is available, during periods of difficult economic operating conditions that would be repayable under specifically identified favorable market conditions. This program also will stimulate operational improvements at existing ethanol facilities and the use of advanced process technology to convert cellulose and other low carbon feedstocks.
The objectives of the CEPIP are to increase statewide biofuel production; retain and create California jobs; and reduce greenhouse gas emissions.