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RSSArchive for February, 2008

Canada’s planned 46 Mgy BioStreet biodiesel plant in Alberta selects technology partners

In Canada, BioStreet Canada has selected its technology partners as momentum begins to build for the 46 Mgy canola biodiesel plant planned for Vegreville, Alberta. The company has recently been awarded $300,000 in federal support through the Biodiesel Oppportunities for Producers Initiative (BOPI).
The federal ecoAgriculture Biofuels Capital (ecoABC) initiative is providing more than $600,000 to [...]

Biofuels Digest Index recovers 2.56 percent to 129.64 on agribusiness, ethanol jumps

The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, recovered 2.56 percent Thursday to close at 129.64 on gains by diversified agribusiness and ethanol stocks.  For the day, Archer Daniels Midland (ADM) jumped 1.20 percent to close at $46.47.
Among ethanol stocks, Aventine Renewable Energy (AVR) recovered 5.22 percent to $7.05. Among small caps, [...]

Russia’s Itera Ethanol plans expansion in US, Europe, following BioEnergy International investment

In Pennsylvania, the Russian biofuels developer Itera Ethanol is among the investors in the $265 million 108 Mgy BioEnergy International ethanol project in Clearfield. Itera made its first investment in the project in 2006, and plans to invest in similar projects in the US and Europe.
BioEnergy International closed financing for its 100 Mgy corn ethanol [...]

Today in Biofuels: DOE awards $33.8 million in research funds; UK halts biofuels target, pending review; Clinton campaign $$, legislative efforts linked to personal ethanol investments

Top Story:
The U.S. Department of Energy awarded $33.8 million in research grants to four cellulosic ethanol projects in California and New Jersey. The four-year research grants come from a $1 billion fund the DOE established to finance cellulosic ethanol research.  The grants are for projects researching advanced enzymes for converting cellulose into sugars. Industry will [...]

Department of Energy awards $33.8 million for enzyme projects in cellulosic ethanol

The U.S. Department of Energy awarded $33.8 million in research grants to four cellulosic ethanol projects in California and New Jersey. The four-year research grants come from a $1 billion fund the DOE established to finance cellulosic ethanol research. The grants are for projects researching advanced enzymes for converting cellulose into sugars.
Industry will add [...]

Iowa fire training chief confirms shortage of ethanol fire-fighting foam, but says risk should not be exaggerated

In Iowa, the chief of the state Fire Service Training Bureau said that reports that firefighters are not trained for ethanol fires should not be exaggerated. He said that 17 HAZMAT fire teams exist around the state of Iowa to respond to complex fires, and that ethanol trains generally travel through rural areas where there [...]

Thai Energy Minister announces 15-year Renewable Energy Development Plan; Thailand to move to B10 this year; ethanol to expand 220 Mgy before year end

In Thailand, Energy Minister Poonpirom Liptapanlop announced a 15-year Renewable Energy Development Plan that will detail incentives and tax breaks for ethanol, biodiesel, wind and solar power. Lt Gen Poonpirom said that ethanol would be initially targeted for export, and biodiesel built up through increased palm cultivation over a 6-year period. Thailand produces 125 Mgy [...]

Sir Richard Branson says algae is the future for aviation biofuels

Sir Richard Branson, in remarks surrounding the Virgin 747 biodiesel test flight, said that algae would almost certainly be the feedstock for commercial aviation biofuels, implying that the selection of coconut and babassu oil had been made in light of an algae oil shortage.
Jon Dee, founder of Planet Ark, said “it is good to show [...]

RFA says 2007 “a seminal year”; critics raise the ghost of Malthus, link biofuels to global starvation

In Florida, the Renewable Fuel Association said that “naysayers notwithstanding, 2007 was a seminal year for the industry“. Bob Dineen, executive director of the RFA, in his State of the Industry address at the annual RFA conference in Orlando, said that domestic production reached 6.5 billion gallons, consumption exceeded 7 billion gallons, 29 new refineries [...]

UK Enviro minister, no increases in biofuels targets “until we are satisfied it can be done sustainably”

In England, the UK Renewable Fuels Agency will produce a study on the economic and environmental impacts, including indirect impacts, of biofuels. The study will be used by the Environment Ministry to help determine UK and EU’s policies, and EU biofuel targets after 2010.
Environment Minister Ruth Kelly said that “Biofuels have the potential to help [...]