On March 14th, 2007 BlueFire (PINKSHEETS: BFRE) was one of three companies selected to receive funding from the California Energy Commission (CEC). The CEC released a Program Opportunity Notice and Application Package for Biofuels Research, Development & Demonstration (RD&D) Grant Solicitation under the Renewable Energy Subject Area, Public Interest Energy Research (PIER) Program in October 2006. The Notice announced that up to $3 million was available for PIER project funding under this solicitation.

Each proposal was screened for completeness and reviewed by CEC staff and external technical reviewers. Then, the Energy Commission's Technical Advisory Committee (TAC) reviewed, evaluated, and scored applications submitted in response to the Solicitation using the criteria prescribed in the Application Package. Based on the TAC's scores and suggested condition on funding, the CEC's RD&D Committee has made its proposed funding recommendations for this Biofuels RD&D Grant Solicitation.

BlueFire CEO Arnold R. Klann stated, "The CEC Grant approval furthers the State and Nation's awareness of the validity and commercial viability of BlueFire's cellulosic conversion technology. This CEC Program is another example of California's leadership in the reduction of greenhouse gas emissions through the acceptance and endorsement of environmentally friendly alternative fuels."

For further information on the Energy Commission Grant please click on the following link http://www.energy.ca.gov/contracts/pier.html