In Sweden, researchers looked at Swedish biofuels and analyzed what impact they have on the environment, both in relation to one another and to fossil fuel alternatives. The results show that that biofuels produce between 65 and 140 percent lower greenhouse gas emissions than fossil fuel, even when direct and indirect land use changes are […]
The National Biodiesel Board (NBB) and the Advanced Biofuels Association (ABFA), in a joint letter to the U.S. Senate Democratic and Republican Leadership, today urged the chamber to retroactively extend the biodiesel, renewable diesel, and alternative fuels tax credits through 2011 before adjourning for the upcoming midterm elections. “The lapse of the biodiesel tax incentive and […]
The Biofuels Digest Index™ (BDI), a basket of public biofuels stocks, fell 0.41 percent to 68.19 as ethanol waned. For the day, Archer Daniels Midland (ADM) dropped 1.14 percent to $33.01, while in the oil sector BP recovered 0.11 percent to $38.13. Among other equities, Pacific Ethanol (PEIX) rose 7.92 percent to $1.09. Overall, declines […]
In Malaysia, you have to wonder how the nation’s biodiesel mandate can possibly survive on the storm-tossed seas of a futures market where crude palm oil is pegged to crude oil. Production was close to zero in July, now exports for the first ten days of September are pegged at 396,684 tons and largely destined […]
In Vietnam, coastal Ninh Thuan Province will be the third site in the country to receive foreign direct investment for ethanol production. The majority Thai owned Phuoc Nam Industrial Park is set to begin construction in 2011 and be operational by the end of 2012. More on the story.
In Colorado, BASF and Solix Biofuels announced an agreement to investigate the use of algae to produce certain chemicals for BASF. Solix is a leading developer of algae cultivation technology systems and will test multiple algae species in its proprietary growth system, AGSTM, for BASF. “Algae represent a fascinating addition to BASF’s technology portfolio,” said […]
The Backstory. In part I of our series, we outlined the beginnings of the Bioenergy Project of the Future, based on dozens of interviews on the future of technology, policy, rural communities, finance, and the demand for bio-based products and renewable fuels. We outlined three principles for development: First do no harm. Less is more. […]
In New Mexico, the Renewable Energy Group announced that it will acquire biodiesel assets in Clovis, New Mexico from ARES Corporation, who will concurrently invest an additional $8 million into Renewable Energy Group in an all common stock transaction. ARES, one of the foremost engineering, risk management, software/IT and project management companies in the United […]
In California, sources close to the Bluefire Renewables deal with Tenaska confirmed that the offtake agreement is worth in excess of $500 million at current ethanol prices, and said that Bluefire project in Mississippi is expected to be the subject of at least one more major announcement in the next two weeks. Bluefire CEO Arnie […]
In China, Phyco’s Super Trough System has been selected by China Biological Engineering to license the production technology for two projects beginning in November. The first project is a 40-acre joint venture in JaingShu Province, while the second project comprises 10 acres in Shangdong Province. Both are planned to scale to 160 acres in 2011-2012. […]
