Energy was part of the agenda when President Obama visited Brazil over the weekend. During his visit, Obama and Brazil’s President Dilma Rousseff agreed to launch a Strategic Energy Dialogue, to focus on both oil and biofuels. “Now even as we focus on oil in the near term, we shouldn’t lose sight of the fact that the only long-term solution …
Cobalt CEO: Biochems More Profitable than Biofuels
The head of a company that produces biochemicals and biofuels says the chemical market, although smaller, is much more profitable than the renewable fuel market. According to this piece from Biofuels Digest, during the recent BioPro Expo and Conference in Atlanta, Cobalt Technologies CEO Rick Wilson questioned the wisdom of focusing on biofuels when the better money is in biochemicals: …
US Oilseed Growers Protest EU Biofuel Requirement
Oilseed growers, led by the American Soybean Association (ASA), have raised concerns with U.S. Department of Agriculture (USDA) Secretary Tom Vilsack and U.S. Trade Representative (USTR) Ron Kirk over the European Union’s (EU) Renewable Energy Directive (RED), particularly the part that is keeping American soybeans out of Europe for biofuel production. The ASA is asking to meet with Vilsack’s and …
Finding Homes for Biofuels Alongside the Beaten Path
While biofuels development and production have been a bit different, some of the latest efforts to find room to grow non-food feedstocks for biofuels are being found alongside the beaten path. In this case, we’re talking about using areas, such as ditches and medians along the nation’s highways, as good spots to grow the raw materials to keep the cars …
OriginOil Shifts to Commerical Stage Development
OriginOil has officially shifted from development phase to commercialization phase of producing algal fuels. As part of the company’s fast-track process, they have hired Paul Reep as the Senior Vice President of Technology, who will also hold a seat on the Board of Directors. “OriginOil will continue to innovate, it’s in our DNA,” said Riggs Eckelberry, OriginOil CEO. “Meanwhile, a …
Solazyme Files For IPO, Partners with Dow
Solazyme has announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO). Morgan Stanley & Co. Incorporated and Goldman, Sachs & Co. will act as joint book-running managers for the offering with Pacific Crest Securities and Lazard Capital Markets as co-managers. At this time, the …
Upcoming: Sugar & Ethanol Brazil Conference
F.O. Licht’s 7th Annual Sugar and Ethanol Brazil conference is just around the corner (March 28-30) in Sao Paulo, Brazil and Bob Dinneen, President and CEO of the Renewable Fuels Association is one of the headline speakers. Topics for the conference include meeting the requirements of the California Low Carbon Fuel Standard and the Renewable Fuels Standard (RFS2) and how …
Enzyme from Garden Soil Could Improve Ethanol Production
Here is an interesting story out of Lund University in Sweden. Nadia Skorupa Parachin has discovered an enzyme in garden soil that when used could increase ethanol production by 20 percent or more. Xylose is the second most common sugar found in nature, but today, is not commonly used, if at all, in the ethanol process. When Parachin tested her …
USDA Offers Renewable Energy Funding
USDA is seeking applications to increase the production and use of renewable energy sources under three different USDA Rural Development renewable energy programs authorized by the 2008 Farm Bill. USDA is now accepting applications for loan guarantees in the Biorefinery Assistance Program, Repowering Assistance Program, and the Bioenergy Program for Advanced Biofuels. USDA is making approximately $463 million available under …
Sen. Klobuchar Introduces Ethanol Legislation
A bill introduced yesterday by Sens. Amy Klobuchar (D-MN) and Tim Johnson (D-SD) called the Securing America’s Future with Energy and Sustainable Technologies (SAFEST) Act establishes strong renewable energy and energy-efficiency standards, incentives for developing biofuels and biofuel infrastructure, and targets for the availability of advanced vehicle technologies. More specifically, the legislation would establish new incentives for biofuels infrastructure and …