KCCI.com, IA 08-29-06 ISU Vying For Bioenergy Institute Oil Company Announces Plans For Plant DES MOINES, Iowa -- Iowa State University officials are hoping a proposed $500 million bioenergy institute will be built in Ames. Oil company giant BP has announced plans to create the Energy Biosciences Institute dedicated to public research. Project manager and ISU grad Jim Breson said the institute would be located next to a university and several schools across the country are vying for the project. Bioenergy is a growing industry that taps plants and other renewable resources as sources of fuel and other energy products. Copyright 2006 by KCCI.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.