The Internal Revenue Service this week issued long-awaited guidance on the Section 45Z Clean Fuels Production Tax Credit. The guidance includes the technical modeling updates to the 45ZCF-GREET model used to determine emissions rates required under the Working Families Tax Cuts (WFTC) amended and extended section 45Z and implements additional changes including addressing how the annual emissions rate tables work …
Hormel Institute Update on Ethanol’s Role in Reducing Cancer
There is growing evidence that ethanol in gasoline can play a role in reducing the cancer risk of fuel additives. At the recent American Coalition for Ethanol (ACE) annual conference in Minneapolis, Gail Dennison and Dr. Luke Hoeppner of the University of Minnesota’s Hormel Institute outlined the latest research linking fossil-fuel BTEX compounds (benzene, toluene, ethylbenzene and xylenes) to higher …
Oil Industry Analyst Says Refining Crunch Driving Prices
The energy market’s real squeeze is not a shortage of crude oil, but of refining capacity, according to oil industry analyst Tom Kloza who spoke last week at the American Coalition for Ethanol annual conference. Kloza said many observers remain fixed on the Strait of Hormuz while missing a broader problem that drones have damaged refineries in Russia, the Persian …
45Z Playbook Panel at ACE Conference
A big focus of last week’s American Coalition for Ethanol 39th annual conference was on the 45Z clean fuel production tax credit, with the final panel on Friday serving up an overview of policy, modeling, and compliance for biofuel producers. USDA released its final guidelines for the production of regenerative agricultural biofuel feedstocks in June and Kate Zook, Acting Director …
Ethanol Exports Expected to Set Another New Record
U.S. ethanol exports are on track to set a new record for the third consecutive year, according to Ryan LeGrand, president and CEO of the U.S. Grains and Bioproducts Council. Speaking last week at the American Coalition for Ethanol’s 39th annual conference, LeGrand highlighted robust demand driven by expanding middle classes abroad and supportive policies in key markets. “When the …
ACE Grassroots and Paul Dana Awards
At its 39th annual conference last week in Minneapolis, the American Coalition for Ethanol (ACE) presented awards honoring those who have given outstanding service to the ethanol industry. Kenton Johnson, CEO of Granite Falls Energy & Heron Lake BioEnergy, was recognized with the organization’s Grassroots award who epitomize ACE’s efforts from the ground up. The strength of ACE is found …
ACE Honors Mike Jerke with Merle Anderson Award
The American Coalition for Ethanol presented its most prestigious award this year to Mike Jerke, former CEO of Southwest Iowa Renewable Energy (SIRE), during its 39th Annual Conference this week in Minneapolis. The award is named after the organization’s founding father and first president, Merle Anderson, and is presented annually to recognize an individual who has made distinguished and significant …
Rep. Fischbach Remains Hopeful for Year-round E15
Rep. Michelle Fischbach (R-MN), an original sponsor of legislation to allow year-round, nationwide sales of E15, says she remains optimistic the Senate will move on it yet this year and that it can work with the bill passed by the House in May. “I am hopeful because it came through in their in their farm bill,” Fischbach said Thursday in …
ACE Leadership Discusses Industry Issues
Members of the American Coalition for Ethanol got an update on the important issues facing the industry today during a fireside chat with leadership at the opening general session of the ACE Annual Conference in Minneapolis on Thursday. ACE CEO Brian Jennings, board president Troy Knecht with Redfield Energy, Cultivating Conservation Founding Member Jonathon Lehman, and ACE Chief Marketing Officer …
ACE Starts Annual Conference With New Board Members
The American Coalition for Ethanol (ACE) 39th Annual Conference kicked off Wednesday in Minneapolis with the election of board members for the new year. Board members re-elected to three-year terms include: Badger State Ethanol – David Kolsrud Chippewa Valley Ethanol Company – Harmon Wilts Mid-Missouri Energy – Chris Wilson Nebraska Ethanol Board – Ben Rhodes South Dakota Corn Growers Association …