US ethanol production for September dropped to its lowest level in at least 27 months, in large part because of plant shutdowns. Ethanol plants produced 983.9 million gallons in September, down 9.4 percent from August. The previous low since the EPA started keeping such records in July 2010 was the 1.051 billion gallons produced in February 2011. The numbers come from the US Environmental Protection Agency's (EPA) Moderated Tracking System website and were reported in the energy-pricing publicat
Abengoa Bioenergy, one of the world's leading producers of biofuels, says that, due to soaring demand for ethanol, it expects to sell 3 billion liters (approximately 793 million gallons) of biofuel in 2011. For Abengoa, that means that nearly all of its biofuel production capacity will have to be used.
"Big oil is behind ethanol's bad press." That's what Javier Salgado, CEO of Abengoa Bioenergy, one of Europe's leading ethanol producers, said in an interview published in Econoticias. Salgado took on more than big oil as he counteracted all the negative press ethanol is receiving from all sides. First of all he, claimed that biofuels were not responsible for the rise in food prices, given that prices have now come down yet we are using more biofuel than ever. His opinion is that the rise in oil
The U.S. Department of Energy has dug into its coffers once again for alternative energy research, this time putting up to $385 million forward to fund six cellulosic ethanol over the next four years. DOE Secretary Samuel W. Bodman made the announcement, going on to say that when fully operational, the six biorefineries will produce more than 130 million gallons / 492 million litres of ethanol per year. The funding is part of President Bush's Twenty in Ten Initiative which aims to reduce America