British Petroleum, otherwise known as BP, could be helping to solve some of the sustainable energy transportation puzzle. The British oil and gas giant is trying out two new advanced biofuels in hopes that they will hit the market by 2014, according to a recent Bloomberg article. BP has … [continued]
A new report from Pike Research predicts the global biofuels market will double over the next decade, from $82.7 billion in 2011 to $185.3 billion in 2021.
The US Dept. of Energy (DOE) issued partial loan guarantees for renewable energy projects in three states totaling as much as $624 million Friday. Energy Secretary Chu announced partial loan guarantees of $168.9 million for Granite Reliable Power’s 99-megawatt (MW) wind farm, New Hampshire’s largest; up to $350 million for Ormat Nevada’s 113MW geothermal power plants; and $105 million for POET’s ‘first-of-its-kind’ cellulosic ethanol bio-refinery in Iowa.
The distinctive “alligator tree,” or sweetgum tree, may hold the key to a more efficient process for making cellulosic ethanol from biowaste. The sweetgum’s unusually rough bark gives it the reptilian nickname, and it is easily identifiable by the spike-festooned, gumball shaped seed cases hanging from its branches. But what … [continued]
Enerkem’s plant outside Montreal, Quebec is now mechanically complete and ready to enter the start-up phase of biofuel production. At capacity, 1.3 million gallons of biofuels will be generated annually. The company has not disclosed the price of the ethanol but says it is cheaper than the corn-based ethanol currently … [continued]
