23 May '12, 11pm

The 10-minute guide to Dupont and advanced biofuels: Filed under: Energy News

100 plants? Now, that’s talking real business. The $7 per gallon capex is a compelling figure – to date, the USDA has been looking at $8 per gallon, and a number of companies have been deploying at numbers well north of that. With 21 billion gallons of capacity scheduled to be built, that’s not an inconsequential amount of money. Expectations? For now, a lot of add-on facilities in the heartland of corn ethanol, the Midwest. How many plants are in the Iowa, Illinois, Indiana, South Dakota and Nebraska base? According to the RFA, 143 plants – say, around 100 of them candidates for cellulosic add-ons in terms of project size and modernity. POET is of the belief that you can add around 25 million gallons of cellulosic capacity per existing 100 million gallon corn ethanol plant. So, let’s figure that there is 2.5 billion gallons of capacity, right there, in cellulosic biofuels...

Full article: http://www.altenergystocks.com/archives/2012/05/the_10min...

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