December 12, 2012. Township-based company Bio2Electric was selected last month to receive a grant of $600,000 to develop a small-scale reactor that converts natural gas into a liquid transportation fuel, officials said.
Bio2Electric’s project was one of 66 cutting-edge research projects selected by the Energy Department’s Advanced Research Projects Agency — Energy (ARPA-E) to receive a total of $130 million in funding through its “OPEN 2012” program.