It was one year ago today that President George W. Bush signed the Energy Policy Act of 2005 at the Sandia National Laboratory in Albuquerque, New Mexico. At the signing ceremony, the president said the bill had three main objectives – energy conservation; making more productive use of domestic energy resources, including coal, and nuclear power, and oil and natural …
FFA Today to Feature Biofuels
This month’s FFA Today! show on RFD-TV will present a special episode featuring bio and renewable fuels initiatives in the United States. The show will feature an interview with Agriculture Undersecretary Thomas Dorr in Washington, D.C., and a segment on “BioTown, USA” in Indiana. Along the way, you’ll see how FFA is riding the leading edge of the renewable fuels …
NCGA Participates in Biofuels Workshop
The National Corn Growers Association participated in a two-day workshop in Washington, D.C. last week aimed at setting initiatives to reduce the nation’s dependence on imported oil by increasing the usage of renewable fuels like ethanol in the transportation sector, according to an NCGA release. The workshop was hosted by the U.S. Department of Energy’s Office of Energy Efficiency and …
Aventine News
Aventine Renewable Energy Holdings, Inc., has finalized its purchase of land from the Aurora Cooperative in Aurora, Neb. to build a 220 million gallon per year ethanol plant. The site is adjacent to an existing 50 million gallon ethanol facility operated by Nebraska Energy, LLC., of which Aventine is a majority partner/owner. Aventine has also announced that it will be …
VeraSun in Iowa
Hartley, Iowa, has been selected as the site for VeraSun’s new 110-million-gallon-per-year ethanol production facility in northwestern Iowa. According to a company release, construction of the plant, planned to begin later this year, will take approximately 16 months. When completed, the plant will process more than 39 million bushels of corn annually and employ approximately 50 skilled workers. VeraSun expects …
Midwest Ethanol Moves Into Iowa
Directly on the heels of last week’s groundbreaking and announcement of two more plant sites in Nebraska, Midwest Etahnol announced yet another plant site this week, this one in Blencoe, Iowa. This little town of 213 people is located very close to the Nebraska/Iowa border and the proposed plant site is 477 acres of family owned property, which John Kant, …
ADM Riding Ethanol Wave
Lots of stories out about Archer Daniels Midland’s big fourth quarter profits on the strength of ethanol. ADM’s quarterly profit more than doubled from last year to $410 million, or 62 cents per share on “strong results from oilseed processing and ethanol.” Overall, ADM shares have risen 77 percent this year. Earnings from its bioproducts division, which includes ethanol, catapulted …
Looming Glut?
Here we go again – feast or famine time. Reuters is reporting that there could be a “looming glut” of ethanol ahead. Just a month ago we couldn’t produce enough. I especially like the fact that this story is based on the predictions of one person, Fimat Energy analyst Antoine Halff, who says, “Surging capacity … poses daunting challenges for …
Record Setting Demand
It should come as no surprise that demand for ethanol is setting records this year. The Renewable Fuels Association just announced the lastest available statistics to confirm that. According to RFA, May ethanol demand set a record at 349,000 barrels per day. That’s well ahead of May’s production figure of 293,000 barrels per day. Ethanol imports were down in May …
Two More Nebraska Plants Announced
At the groundbreaking ceremony for Midwest Ethanol’s O’Neill, Nebraska plant on Friday, company officials announced two more plant locations for the state. (Picture courtesy of Kurt Bravo). The specific site locations were identified as Furnas County Ethanol, Inc. in Arapahoe, which is 30 miles southwest of Holdrege, and Dawson County Ethanol, Inc. located in Elm Creek, near Kearney, Nebraska. Each …