Ethanol Briefs
EIA shows Annual US Ethanol Plant Capacity DN 1.2% on Year
NEW YORK (DTN) -- The Energy Information Administration released data on Thursday, Oct. 23, showing the U.S. ethanol industry began 2014 with 187 ethanol plants with annual nameplate capacity of 13.681 billion gallons, or 892,000 barrels per day.
The report shows U.S. ethanol plant capacity was reduced 10,000 bpd, or 1.2%, from the start of 2013, when annual industry capacity was 13.852 billion gallons or 903 million bpd.
The majority of those plants -- 167, or 89% -- are located in the PADD 2 Midwest region, where the majority of the nation's corn is grown. Corn is the feedstock for U.S. ethanol.
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George Orwel can be reached at george.orwel@dtn.com
Ethanol Group ePURE calls for E10 Launch across Europe
NEW YORK (DTN) -- A trade group representing European ethanol producers today touted a report from Hungary that shows the introduction of gasoline with 10% blend ratio or E10 throughout the 27-member European Union is the most cost-effective way to rid the transportation sector of carbon emissions.
The group, ePURE, said the study by HEFTA Research Institute "found that the carbon dioxide abatement cost of ethanol is negative when the energy efficiency gains of E10 are accounted for."
"As a result, the introduction of E10 in Hungary could abate 382,000 tons of CO2 emissions per year, the equivalent of 3% of Hungary's total transport GHG emissions," said the group in a news release.
The group argued that based on conservative estimates, ethanol is the most cost effective way to decarbonize transport compared to alternatives such as battery electric and fuel cell vehicles.
"The HEFTA Report is a national study which provides findings of wider relevance that confirms those other studies which have concluded that E10 would lead to higher GHG reductions," ePURE said, and added it would also save 4 billion euros used to buy oil and add 55,000 jobs across the EU.
(BM/AG)
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