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However, the much cheaper manufacturing of grain-based ethanol, along with the low price of oil in the 2010s, meant that cellulosic ethanol was not competitive with these established fuels. As a result, most of the new refineries were closed by the mid-2010s and many of the newly founded companies became insolvent.
Currently, these expensive enzymes cost about 25 cents per gallon of ethanol, although this price is very likely to decline by half in the coming years. Construction of the first U.S. commercial plant producing cellulosic ethanol will commence in the State of Iowa in February 2007.
A 2006 U.S. Department of Agriculture report found that at market prices for ethanol, converting sugarcane, sugar beets and molasses to ethanol would be profitable. [94] As of 2008 researchers were attempting to breed new varieties adapted to U.S. soil and weather conditions, as well as to take advantage of cellulosic ethanol technologies to ...
Since the 1970s, the U.S. has subsidized ethanol produced from food crops, especially from corn, thus providing a homegrown, alternative fuel source for our automobiles. But for multiple reasons ...
2013 – Raízen begins construction of a cellulosic ethanol facility using Iogen technology in Brazil. The facility is located adjacent to Raízen's Costa Pinto mill. Raízen says it plans to expand to eight cellulosic ethanol plants using Iogen's technology. 2012 - Iogen Corporation lays off 150 workers at its Ottawa headquarters.
For each billion ethanol-equivalent gallons of fuel produced and combusted in the US, the combined climate-change and health costs are $469 million for gasoline, $472–952 million for corn ethanol depending on biorefinery heat source (natural gas, corn stover, or coal) and technology, but only $123–208 million for cellulosic ethanol ...
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Directs the Secretary to establish a loan guarantee program for up to 80% of the cost of a project for: (1) the harvesting, storing, and delivery of agriculture residues for use in cellulosic or traditional ethanol production plants; (2) cellulosic ethanol production technologies that will reduce the initial capital cost to $2.50 per annual ...
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