Analysis of the US Fuel Ethanol Industry and Market Expectations
A. Wiselogel, J. Kistner, K. Althoff
BBI International, US
ethanol, transportation, cellulosic
From humble beginnings as part of Henry Ford’s vision of an agricultural based transportation industry and a rebirth as a fuel additive, ethanol is quickly approaching a 10% share of the US gasoline market. Fuel ethanol is currently found in over 50% of the gasoline sold in the US and the ethanol market is expanding at a rapid rate. Ethanol production has increased from 1.6 billion gallons in 2000 to a current capacity of over 8 billion gallons/year with almost 4 billion under construction. Several events have led to a rapid change in the Ethanol Industry: the development of the modern dry mill; cheap corn; politics and policy; and market forces. How will near-term market forces and legislation impact the ethanol industry and the development of new cellulosic technologies? BBI International is the largest consulting and communications firm in the Biofuels Industry. We continually analyzes the US Fuel Ethanol Industry and market trends. Our presentation will review the events that led to the resent rise of the US Fuel Ethanol Industry; how market forces are slowing growth and reshaping the industry; and what may be the impact of legislation currently making its way through the US Congress.
Nanotech 2008 Conference Program Abstract