Good news if you’re a fuel retailer in Kansas. The state offers a 40 percent tax credit to retailers who invest in E85 fuel. Couple that with the 30 percent tax credit the federal government offers, and fuel retailers in Kansas can take advantage of a 70 percent return on their E85 investments. That’s one of the key points Sue …
Getting the facts on E85
Missouri can boast 93 E85 filling stations that are either up and running or soon to open. Ethan Taylor, the E85 Coordinator for the Missouri Corn Growers Association says that each E85 filling station pumps about 300 gallons a day. That equates to 27,900 gallons of E85 fuel being sold each day in Missouri, or more than 10 million gallons …
Consumer Group Urges Energy Action
A new report from the Consumer Federation of America (CFA) shows just how much energy costs have skyrocketed in recent years. According to the report, household energy expenditures (home heating and gasoline) have nearly doubled in just the last five years, and are now 50 percent more than health care expenditures and 23 percent more than spending on food. CFA …
Texas Wind Power for 2008
The Stanton Wind Energy facility in Martin County, TX is winding down construction and estimates its facility will be fully operationally by early 2008. Invenergy Wind LLC has announced the successful closing of construction and equity financing for its 120 MW Stanton Wind Energy Center (“Stanton”) in Martin County, Texas. The debt facility was underwritten by lead arranger Dexia Credit …
Biofuels Research at Arizona State
The Biodesign Institute at Arizona State University is launching a Renewable Biofuel Research Initiative. Science Foundation Arizona and energy company BP are funding the initiative meant to propel the development of a renewable source of biofuel. The research effort focuses on using a specially optimized photosynthetic bacterium to produce biodiesel, a sustainable high-energy fuel that can be used in conventional …
Duke Energy Seeks Multiple Energy Platforms for Indiana
The famed ‘Crossroads of America’ could become the ‘Crossroads for American Energy’ if Duke Energy Corp. gets what it wants for Indiana. Duke Energy Chairman, President and CEO Jim Rogers outlined a plan to equip Indiana with a combination of solar, wind, water and organic energy solutions to the Economic Club of Indiana earlier today in Indianapolis. To ensure a …
OG&E Aims to Expand Wind Power
OGE Energy Corp. is the latest company to outline a program to harness more wind power. OG&E President and CEO Pete Delaney says the company plans to quadruple its wind power production. He announced the company also plans to be a big player in ushering in development for more wind power projects in western Oklahoma. In a speech before the …
Biofuels for the Mid-level Consumer
The biofuels boom is leaving out a big piece of the consumer pie: mid-level consumers. Well, that’s what Pacific Natural Energy believes. PNE also believes it has the perfect “pie filling.” The energy company has introduced it’s BioBox Mobile Processor as the perfect, viable biodiesel solution for the middle men. Everyone’s heard of the avid garage-based hobbyist brewing a biodiesel …
PG&E Commits to Long-Term Wind Power
Pacific Gas and Electric Company is embracing wind power with mucho gusto. The electric company has committed to a long-term power purchase agreement with enXco, purchasing 150 megawatts of wind energy through enXco’s Shiloh II project. This latest agreement bumps up PG&E’s contracted and delivered wind energy to 1,061 MW and will deliver about 510 GWh of wind energy to …
Green Vision Goes Online
Alternative energy enthusiasts looking to see some renewable fuels in action can now access a vast array of demonstrations online. GreenEnergyTV.com describes itself as an Online Television Channel that allows millions of viewers worldwide to get plugged in to what’s going on with alternative energy. Though having been launched only in January 2007, Green Energy TV now has viewers from …