| Subject: Along with wind power, ethanol has become the newest big thing in the Midwest and Great Plains... |
Author:
bubba
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Date Posted: 11:54:56 11/08/06 Wed
In reply to:
Duncan7
's message, "20+% Ethanol Industry Growth" on 08:30:48 11/08/06 Wed
...now if they can just keep tariffs on Brazilian ethanol for another five-seven years and add enough grid capacity in the plains states to transport all those wind powered mega-watts, those prospects might pan out.
>And the profits keep rolling in.
>
>US Ethanol Industry on Pace for 20+% Growth in Annual
>Production
>8 November 2006
>
>According to data provided by the Renewable Fuels
>Association, US ethanol production is currently
>averaging nearly 4.7 billion gallons a year, a 20.5%
>increase from the 3.9 billion gallons produced in 2005.
>
>In August, US producers averaged 329,000 barrels per
>day (bpd)—a record for daily production average and an
>increase of 69,000 bpd from August 2005. Demand for
>ethanol remained strong, averaging 385,000 bpd in
>August, approaching the record demand set back in
>June. Stocks and imports of ethanol also rose in
>August to 384.7 million gallons and 133.2 million
>gallons respectively.
>
>Currently, 106 ethanol biorefineries nationwide have
>the capacity to produce more than 5 billion gallons
>annually. There are 48 ethanol refineries and 7
>expansions under construction with a combined annual
>capacity of more than 3.5 billion gallons.
>
>Among recent major plant developments are:
>
> *
>
> E3 BioFuels announced it will begin production
>in December 2006 at Mead, Nebraska, as the first-ever
>closed-loop system for distilling commercial
>quantities of ethanol using methane gas recaptured
>from cow manure, instead of fossil fuels. This
>virtually eliminates the need for fossil fuels in the
>production of ethanol.
>
> In addition to breaking ground on its
>100-million gallon plant in Hereford Texas, Panda
>Ethanol announced plans for an additional 100-million
>gallon plants in Lincoln County, Nebraska and
>Muleshoe, Texas. Panda will fuel its six announced
>ethanol plants by gasifying cow manure (earlier
>post)—the Muleshoe plant will use 1 billion pounds of
>cow manure per year, as an example. On 7 November,
>Panda went public via a reverse merger with Cirracor.
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