The funding is being made under the Commission’s Alternative and Renewable Fuel and Vehicle Technology Program, created by Assembly Bill 118.
Of the total funding, $23m will be employed in biofuels production and supply, $20m will be used for hydrogen fueling infrastructure, $12m will be used for natural gas vehicle incentives, while $7m will be employed in electric vehicle charging infrastructure.
Energy Commission chair Robert B. Weisenmiller said that the initiative will guide the commission in supporting projects that reduce greenhouse gas emissions, improve air quality, increase fuel diversity to lower dependence on petroleum, and create jobs.
"We provide needed funding to cutting edge technologies. Using public money to supplement private sector investments and hedge financial risk is critical to getting new technology cars, trucks and fuels into our California markets," added Weisenmiller.
This funding will also support the rapid commercialization of zero-emission vehicles in California, with a 2025 target of having 1.5 million zero emission vehicles on the state’s roads.
