November 15, 2013
BY Advanced Ethanol Council
WASHINGTON — The Advanced Ethanol Council is pleased to welcome Algenol Biofuels as a new member. Algenol is a global, industrial biotechnology company focused on commercializing its patented algae technology platform for the production of ethanol and other biofuels. Algenol’s trademarked Direct To Ethanol technology uses sunlight, algae, non-arable land and carbon dioxide to produce ethanol and waste biomass that can be converted into gasoline, diesel and jet fuel.
“There are clear synergies between Algenol’s efforts to deploy its Direct To Ethanol technology and the Advanced Ethanol Council's singular focus on developing forward-looking policies and open markets for the advanced ethanol sector,” said Paul Woods, president and CEO of Algenol Biofuels. “The Advanced Ethanol Council is at the center of any discussion about advanced biofuels, but we were particularly drawn to the group’s focus on promoting the unique attributes and value proposition of advanced ethanol.”
Algenol operates a 4-acre process development unit that produces ethanol in modular photo-bioreactors and a 36-acre pilot scale integrated biorefinery (IBR) in Lee County, Florida. The IBR is demonstrating Algenol’s approach to building out fully integrated commercial facilities and also serves as a testing facility for the company and its partners to integrate technologies that convert waste algae into gasoline, jet and diesel fuel. Algenol’s IBR has produced all four fuel types at a rate exceeding 9,000 gallons per acre, and 144 gallons of these fuels per metric ton of CO2.
Advertisement
“We are very pleased to have Algenol Biofuels on board at the Advanced Ethanol Council,” said Brooke Coleman, Executive Director of the AEC. “As we mature as an industry, it is critical that advanced ethanol interests align from both a policy and messaging perspective. We look forward to working with Paul and the Algenol team on strategies that will put the industry in a position to succeed in 2013 and beyond.”
Advertisement
CoBank’s latest quarterly research report, released July 10, highlights current uncertainty around the implementation of three biofuel policies, RFS RVOs, small refinery exemptions (SREs) and the 45Z clean fuels production tax credit.
The USDA significantly increased its estimate for 2025-’26 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released July 11. The outlook for soybean production was revised down.
The U.S. Energy Information Administration maintained its forecast for 2025 and 2026 biodiesel, renewable diesel and sustainable aviation fuel (SAF) production in its latest Short-Term Energy Outlook, released July 8.
XCF Global Inc. on July 10 shared its strategic plan to invest close to $1 billion in developing a network of SAF production facilities, expanding its U.S. footprint, and advancing its international growth strategy.
U.S. fuel ethanol capacity fell slightly in April, while biodiesel and renewable diesel capacity held steady, according to data released by the U.S. EIA on June 30. Feedstock consumption was down when compared to the previous month.