The proposed Illinois state capital construction bill includes $475 million for building ethanol and biodiesel plants, adding E85 pumps to gas stations to E-85 pumps, and energy-efficiency projects for small businesses.
Illinois is the number three state in the nation in biodiesel production, with 199 Mgy in current and planned capacity. The state is ranked fourth in ethanol production, with 1187 Mgy in capacity. The state is also expecting a record corn harvest with state yields projected as high as 187 bushels per acre.
Free Subscription to the Daily Biofuels Digest e-newsletter
Related Stories
Illinois bill to increase ethanol infrastructure grants moves to House floorIn Illinois, House Bill 4696, that would increase state support for ethanol to $10 million in the form of 10-cent-per-gallon grants, was passed unanimously by House Renewable Energy committee and now ...
Whitebox to make $80 million bid for bankrupt Central Illinois EnergyIn Illinois, Whitebox Advisors will make a credit bid of $80 million for the bankrupt Central Illinois Energy ethanol plant. The plant's new owner will acquire technology problems, $22 million in mec...
CEO of Renewable Fuels Association says ethanol prices are “at or near a bottom”In New York, Bob Dinneen, CEOÂ of the Renewable Fuels Association, said ethanol prices are "at or near a bottom", and said he expected to see an increased renewable fuel standard in the final energ...
Illinois to require labeling of B6 to B20 blended biodiesel; move to increase biodiesel awarenessIn Illinois, a state law will go into effect July 1, requiring labeling of all pumps selling B6 to B20 blended biodiesel. The move is supported by the Illinois Soybean Association to promote awarenes...
Pennsylvania legislature considers adding more rail infrastructure to support biofuels expansionIn Pennsylvania, the state legislature is considering a bill to provide support for more rail infrastructure to move biofuels more effectively to consumers and fleets. Rail improvements are considered...
Biofuels stimulation package becomes law in Kentucky; offers tax credits, capital investment incentivesIn Kentucky, Governor Fletcher signed energy incentive legislation that will provide up to half the capital investment in a biofuels project.
To qualify, a biofuel facility must involve a capital i...