Verenium Optimistic Despite Decline in Revenue

Cindy Zimmerman

VereniumVerenium Corporation reports lower revenues so far this year, but lots of accomplishments.

According to the cellulosic ethanol company, total revenues for the nine months ended September 30 were $49.3 million compared to $49.9 million last year, with product revenues representing more than 55 percent of total revenues in all periods. Product revenues for the this year are $32.1 million, compared to $37.0 million for same period in 2008, representing a 13 percent decrease, “reflecting the impact of the current economic recession.”

Accomplishments for the company so far this year include, continued development of the demonstration and pilot plants in Jennings, LA; and forming Vercipia, a joint venture with BP for the commercial cellulosic ethanol project in Highlands County, Florida. Verenium has entered the due diligence phase of the U.S. Department of Energy’s Title XVII Loan Guarantee Program for the Florida plant.

President and CEO Carlos Riva says he is pleased with the progress the company has made. “I am particularly enthusiastic about the ongoing discussions with the DOE for a loan guarantee for our first commercial facility, as well as the significant improvements we made to our overall capital structure,” he said in a statement.

Cellulosic, Ethanol, Ethanol News

Cellulosic Biofuels Summit Fast Approaching

Joanna Schroeder

Dr. Kristina M. Johnson, Under Secretary of the U.S. Department of Energy

Dr. Kristina M. Johnson, Under Secretary of the U.S. Department of Energy

The 4th Annual Cellulosic Biofuels Summit will be held in Washington D.C. on November 16-19th. Attendees will represent the feedstock, industrial biotech, biofuel technology, plant developer, finance, and oil and transportation sectors. The main goal of the conference is to share information on the perspectives and progress in reaching commercial production of cellulosic biofuels.

There will be three forums:

  • *Forum 1: Finance & Investment, November 16th
  • *Forum 2: Cellulosic Biofuels, November 17-18th
  • *Forum 3: Feedstock Supply Chain, November 19th

The keynote speaker is Dr. Kristina M. Johnson, Under Secretary of the U.S. Department of Energy.

For more information, visit the conference website.

Cellulosic, conferences, Ethanol

Hummer Goes Green and a Few Other Colors for 2010

2010-hummerHummer has always been known as a gas guzzling vehicle that was anything but eco-friendly. Well, it’s nearly 2010 and times are a changin’! HUMMER announced today that updates to their 2010 HUMMER H3 and H3T midsize all-terrain vehicles will be flexible fuel and include new exterior colors.

“In 2007, HUMMER committed to offer a biofuel powertrain in every vehicle by 2010 and follows through on that promise with the addition of a new 300-horsepower, E85 Flex Fuel capable 5.3L V8,” says James Taylor, HUMMER CEO. “This is just the first step in HUMMER’s evolution to offer responsible, yet highly capable all-terrain vehicles. Future models will be lighter, more efficient and will continue to offer the best blend of off-road capability and on-road performance.”

According to Hummer’s press release, the new 5.3L V8 Flex Fuel engine is standard in all 2010 Alpha series’ models. The Hydra-Matic 4L60 electronically controlled four-speed automatic transmission has a 5.3L engine. Flat towing is enabled on all H3 and H3T models.

The new colors available will include Red Rock Metallic, Silver Stone Metallic, and Canyon Metallic. The 2010 HUMMER H3 and H3T should arrive in in dealerships by next month.

E85, Ethanol, Ethanol News, Flex Fuel Vehicles, News

EPA Offers Mandatory GHG Reporting Webinar

Cindy Zimmerman

EPAThe Environmental Protection Agency will provide an overview of the Mandatory Greenhouse Gas Reporting Rule for ethanol producers who might be affected by the new regulation.

The webinar was set up at the request of the Renewable Fuels Association (RFA) and Growth Energy on behalf of their membership. It will consist of a short overview of the final rule with an emphasis on General Provisions and Stationary Combustion. The remaining time will be spent answering questions that have been submitted ahead of time by the organizations. Pre-submitted questions can be sent to Kristy Moore of RFA at kmoore@ethanolrfa.org. RFA has also published an industry fact sheet to assist with the reporting requirements and site preparation ahead of the regulation implementation date of Jan. 1.

The webinar will be held Thursday, Nov. 19, from 2 to 4 p.m. EST. The webinar is open to any party that registers to attend, and participation is unlimited. Registration and more information can be found on-line here.

Environment, Ethanol, Government, Growth Energy, RFA

World Biofuels Group Urges Action at Climate Change Conference

Cindy Zimmerman

A global biofuels organization is urging world leaders to recognize the environmental benefits of renewable fuels like ethanol and biodiesel.

Global RFAThe Global Renewable Fuels Alliance (GRFA) is calling on delegates to the United Nations Framework Convention on Climate Change Conference in Copenhagen December 7-18 “to seize the historic opportunity to recognize the environmental importance of biofuels and begin to develop strategies to ensure that biofuels play an even greater role in meeting global climate change objectives.”

UN Climate ConferenceGRFA released an position paper this week summarizing greenhouse gas (GHG) reduction strategies in the transportation sector that take advantage of the verifiable emission reductions available from biofuels. “With transportation responsible for 25% of the world’s GHG emissions and rising, it is critical that biofuels form the core of any future mitigation strategy in this important sector,“ said GRFA spokesman Bliss Baker. “Adopting sustainable biofuels programs can deliver real GHG reductions while reducing a crippling reliance on imported fossil fuels for many developing nations.”

GRFA outlines several actions to be recommended at the conference, including the adoption by governments of biofuels-friendly policies in the transport sector, and that policies take into account the increasing efficiency of global biofuels production in developing policies as opposed to relying on out-of-date data and outdated arguments. They also urge all governments to base an indirect land use change (ILUC) policy on transparent and unequivocal scientific evidence only.

GRFA also continues to call on the World Bank, the United Nations and other international bodies to increase investment in the agricultural sector of developing nations and to support expanded biofuels production in these regions.

Read the GRFA position paper here.

biofuels, Ethanol, Ethanol News, Indirect Land Use, International, RFA

CASE IH Developing Biomass Harvesting System

Chuck Zimmerman

Case IHOne of the companies exhibiting their developmental corn cob harvest/collection equipment at the POET Project LIBERTY Field Day was Case IH. Representing them again this year was Sam Acker, pictured sitting in their booth during the speeches. I first met him last year and got an update on what’s new from the company this year.

Sam says they’re demonstrating an Axial-Flow 8120 combine and biomass harvesting system. The combine features a massive 350 bushel grain tank and has an attached biomass cart which is receives power from the combine. The cart has an adjustable cleaning system to tailor the cob/stover sample how you want it.

You can listen to my interview with Sam below and watch a video clip of the equipment lined up and waiting demonstration starting with Case IH.

POET Project LIBERTY Field Day Photo Album

Agribusiness, Audio, biofuels, biomass, Cellulosic, corn, Equipment, Ethanol, Video

DF Cast: Turning Garbage into Ethanol

John Davis

df-logoIt’s like the scene in Back to the Future II, where the crazy old professor stuffs garbage into his flux capacitor in the back of the DeLorean and flies off to the future (or is that the past?).

bluefireCalifornia-based BlueFire Ethanol Fuels has developed a process called Concentrated Acid Hydrolysis Technology that expands the amount of feedstocks that can be easily converted into ethanol, opening the door to cellulosic sources, such as garbage.

In this edition of the Domestic Fuel Cast, we talk to Arnie Klann, President and CEO of BlueFire Ethanol Fuels, and let him explain how this unique process works… and the future that it holds.

It’s a pretty interesting conversation, and you can listen to it here: [audio:http://www.zimmcomm.biz/domesticfuel/DFCast-11-06-09.mp3]

You can also subscribe to the DomesticFuel Cast here.

Audio, Domestic Fuel Cast, Ethanol, Ethanol News, News

New Report Offers Algae Ethanol, Biodiesel Markets Info

John Davis

Algae might be the feedstock of the future for biodiesel and ethanol… if you know how to use it right.

This press release posted on Reuters.com says a new report from Research and Markets entitled “Algae For Fuel, Algal Oil, Biofuels, Ethanol, Biodiesel And The Future Of Petroleum And Green Energy: Global Markets, Technologies, And Opportunities: 2009-2020 Analysis and Forecasts” could offer the insight you need in the algae biofuels game:

This research provides an overview on what could become one of the most significant technological and economic events of the early 21st century: turning algae into fuel, i.e. algal oil, on a commercial scale. If this feat is accomplished, and it’s not certain it will be, it will have dramatic, disruptive consequences to oil producers, oil refiners, ethanol, biodiesel and other biofuels producers, biotechnology companies, agricultural producers, consumers, motor vehicle makers, regulators, R&D activities and investors, among others.

The report, due out in December, will offer a review of algae and an analysis of the algal oil market in terms of how it fits in the biofuels arena. You’ll be able to read for yourself profiles of 56 major players in the algal oil market, as well as information on 175 biofuels, ethanol and biodiesel companies and organizations.

Check out more information here.

algae, Biodiesel, Ethanol, Ethanol News, News

Pennsylvania Biodiesel Maker Gets $1.6 Mil Grant

John Davis

herobxlogoA $1.6 million grant from the state of Pennsylvania is helping a big biodiesel producer get even bigger.

HERO BX picked up the $1,640,250 million grant from the Commonwealth Financing Authority and will use nearly $3.3 million of its own money to expand its operations from 45 million gallons to 55 million gallons a year:

“It is imperative that biofuels companies that are producing fuel today continue to receive financial support,” said Leonard Kosar, CEO of HERO BX. “The state of Pennsylvania is setting a precedent apart from the federal government and many other states – it has recognized the economic, environmental and security value of supporting biofuels companies that are already in production. We cannot and will not be able to produce the next generation of biodiesel and ethanol if we abandon first generation biofuels producers such as HERO BX.”

The grant was awarded as part of Governor Edward G. Rendell’s goal to increase alternative energy opportunities within the state. The funds, which will be distributed through Green Energy Works!, is part of the federal funding that the state will receive under the American Reinvestment and Recovery Act (Stimulus Bill). The program goal is to invest more than $99.6 million of federal funding to supplement the state’s Alternative Energy Investment Fund.

The company says Pennsylvania is ideal for its future plans as HERO BX is working with Penn State researchers to pioneer the use of camelina: a more sustainable oilseed than soybeans that can grow in sub-optimum soils, doesn’t need water or fertilizer and produces seven times more oil than soybeans. It also can be used in poultry feed. About 200,000 acres of old strip mines might be perfect for the weed feedstock.

Biodiesel

Termites Could Help Produce Cellulosic Ethanol

Cindy Zimmerman

The ability of termites to digest wood may hold a key to advancing the production of cellulosic ethanol from woody biomass.

Researchers at the University of Florida have been working on genetic sequencing to harness the insects’ ability to churn wood into fuel. That ability involves a mixture of enzymes from symbiotic bacteria and other single-celled organisms living in termites’ guts, as well as enzymes from the termites themselves, which could ultimately improve the production of cellulosic ethanol.

“Termites are very unique creatures, and this research helps give the most complete picture of how their systems collaborate to, very efficiently, break down really tough biological compounds to release fermentable sugars,” said UF entomologist Mike Scharf, who leads the research.

The team has identified nearly 200 associated enzymes that help break down the problematic plant compound lignocellulose. This compound is the most costly barrier to wide-scale production of cellulosic ethanol because it must be broken down by intense heat or caustic chemicals. Termites, however, are able to almost completely break down lignocellulose through simple digestion.

Once the genetic sequence that produces the enzymes can be isolated, it could be transferred into genetically modified fungi or bacteria, or possibly into other insects, such as caterpillars, to produce the enzymes on an industrial scale.

Cellulosic, Research