January 2009

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Business Briefs

Amiworld, Odin Energy partner



New York City, a cultural hub, is on the verge of a citywide bioheat mandate. Biodiesel Magazine talks with those working toward that end.

Competition Heats Up

By Erin Voegele

Last year's high crude oil prices prompted many home heating oil consumers to brace for a dramatic price increase, but in November, prices were actually lower than they were the previous year, which could make biodiesel-blended fuel a less attractive option. On the bright side, low-priced heating oil may prevent customers from switching to natural gas, and Bioheat is easier on the environment than fossil fuels.

Hawaiian Electric's Campbell Industrial Park Generating Facility under construction on the Big Island will be fueled 100 percent by biodiesel.

Aloha Biodiesel

By Frank Zaworski

Hawaiians are on a mission to expand the use of local renewable and alternative energy sources to supply the islands' power needs. The use of locally produced biodiesel is critical to the state's success.

Richard Branson, founder of Virgin Atlantic Airlines, holds a bottle containing jet fuel made from vegetable oils. Virgin Atlantic made the first demonstration flight using biobased jet fuel in February and is one of many aviation companies promoting

Aviation Alternatives

By Jerry W. Kram

Where there is crisis, there is often opportunity. Sky-high fuel costs have helped push many airlines to the brink of financial collapse. Now, however, they're banding together to look for alternative fuels, with an emphasis on algae. This could be the market that drives the commercialization of this long-awaited feedstock.

Fox says his company's biodiesel production and export business should see positive results from the recent tax incentive extensions and other modifications. However, he's pushing for Congress to pass longer-term incentives and more mandates.

Breathing Room

By Kris Bevill

In what could be considered a gloomy year for biofuels, Congress passed much-needed tax incentive extensions for the biodiesel industry as part of the Emergency Economic Stabilization Act of 2008.

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