Biofuels can provide up to 27% of world transportation fuel by 2050, according to a new report from the International Energy Agency (IEA). The report says that “the widespread deployment of biofuels can play an important role in reducing CO2 emissions in the transport sector and enhancing energy security, when produced sustainably.” With the transportation sector growing considerably, and demand …
ACE Teams with Fuel Ethanol Workshop
The American Coalition for Ethanol (ACE) has teamed up with BBI International to better serve the ethanol industry as part of the International Fuel Ethanol Workshop & Expo (FEW). In recent years, ACE paired its annual conference with a trade show. This year, to better serve ACE members, ACE will partner with BBI as a Supporting Organization for the FEW, …
CARD Revisits History of Ethanol and Corn Prices
A new report from the Iowa State University Center for Agricultural and Rural Development (CARD) revisits history to look at the impact of ethanol and ethanol subsidies on corn prices. The analysis by Bruce Babcock and Jacinto Fabiosa uses a computer model to “rewrite history” by re-creating what actually happened in agricultural markets then removing government incentives to produce and …
Ethanol Production Drops as Gas Prices Increase
As gasoline prices edge toward $4 a gallon, ethanol production is declining. According to the latest report from the Energy Information Administration, ethanol production averaged 856,000 barrels per day last week, down almost five percent from the previous week to the lowest level in six months. Production has been steadily declining for the past four weeks due to a number …
May Deadline for Biomass Crop Assistance
May 27 is the deadline for proposals to be submitted under USDA’s Biomass Crop Assistance Program (BCAP). The program, which is administered by USDA’s Farm Service Agency (FSA) provides incentives to eligible farmers, ranchers and forest landowners for the establishment and production of biomass crops for heat, power, bio-based products and biofuels. FSA Acting Administrator Val Dolcini announced the deadline …
GROWMARK Terminal Provides Homegrown Fuels
GROWMARK is providing more homegrown fuels for members and area businesses around central Illinois. The regional agricultural supply company bought the Menard Terminal from Magellan Midstream Partners in 2008 and today it handles gasoline, diesel, ethanol and biodiesel for FS members within a 120 mile radius, in addition to non-member companies like Casey’s and Thornton’s. Terminal Manager Pete Nance says …
Ethanol Report on Boat Racing
A new partnership between the ethanol industry and boat racers is hoping to dunk the image of ethanol as a bad fuel for boat engines. Through the alliance between the Renewable Fuels Association (RFA) and the National Boat Racing Association (NBRA), the 2011 National Boat Racing Association Race Series will be “fueled with pride” and ten percent ethanol. This edition …
Ethanol Leaders on the Hill
Members of the Renewable Fuels Association (RFA) are in Washington, DC this week for a board meeting and some face time with Congressional leaders to discuss key issues in the ethanol industry. RFA president and CEO Bob Dinneen (L), together with RFA chairman Chuck Woodside (center) of KAAPA Ethanol in Nebraska, were among those who met with Senator Ben Nelson …
Racing Boats to Run on 10% Ethanol
Just like their counterparts on land, some racing boats will now be making the move to ethanol blended fuel. The Renewable Fuels Association (RFA) and the National Boat Racing Association (NBRA) have announced that Hydroplane and Runabout racing boats will soon be speeding across the lakes of the Midwest on a blend of ten percent ethanol fuel (E10). The newly-formed …
FAO Urged to See Oil and Food Price Correlation
The Global Renewable Fuels Alliance (GRFA) is calling on delegates to the United Nations Food and Agriculture Organization (UNFAO) meeting in Rome to focus on the price of oil as the real driver behind rising food costs. Last week while addressing the South American renewable fuels industry in Buenos Aires, GRFA spokesperson Bliss Baker presented data showing the direct link …