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EIA increases 2023, 2024 ethanol production, blending forecasts

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By Erin Krueger

March 07, 2023

Business Operations Markets 

The U.S. Energy Information Administration increased its forecasts for both 2023 and 2024 fuel ethanol production in its latest Short-Term Energy Outlook, released March 7. The forecast for ethanol blending was also increased.

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Gevo Inc. has finalized a hydrogen development services agreement with Zero6 Energy (formerly Juhl Energy) for the development of a 20-MW hydrogen production facility in Lake Preston, South Dakota, using Cummins Inc. electrolyzer technology.

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A new analysis from a renowned carbon accounting firm finds that the greenhouse gas emissions reductions achieved under the Renewable Fuel Standard far exceed the GHG savings originally projected by U.S. EPA.

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The U.S. EPA on in February approved an efficient producer pathway for Green Plains Inc.'s 60 MMgy ethanol plant located in Superior, Iowa. The approval allows the facility to generate RINs for non-grandfathered volumes of ethanol.

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The innate persistence of the U.S. ethanol industry and its champions can drive renewable fuels to new heights in 2023, RFA President and CEO Geoff Cooper said in his annual “State of the Industry� presentation at the NEC.

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U.S. fuel ethanol production was down nearly 3 percent the week ending Feb. 24, according to data released by the U.S. Energy Information Administration on March 1. Weekly ending stocks of fuel ethanol were also down approximately 3 percent.

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The ethanol industry's contribution to the U.S. economy increased in 2022 as production volumes continued to recover from COVID pandemic levels and producers received higher prices for ethanol and co-products like distiller grains and corn oil.

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The RFA released its 2023 Ethanol Industry Outlook and Pocket Guide during the 28th annual National Ethanol Conference in Orlando. The annual publications serve as the go-to source of ethanol industry information, facts, and statistics.

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Total U.S. operable biofuels production capacity expanded in December. Total biofuel feedstock consumption was down when compared to both the previous month and December 2021, according to data released by the U.S. EIA on Feb. 28.

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Adding low-cost ethanol to the nation's gasoline supply improves energy security and saves the average American household more than $750 per year, according to a new study conducted by energy economists from the University of California-Berkeley.

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The USDA recently released its Grain Crushings and Co-Products Production report for February, reporting that corn use for fuel ethanol production in December was down from both the previous month and December 2021.

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U.S. fuel ethanol production was up nearly 2 percent the week ending Feb. 17, according to data released by the U.S. Energy Information Administration on Feb. 23. Weekly ending stocks of fuel ethanol expanded by 1 percent.

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Aemetis unveils updated 5-year plan

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By Aemetis Inc.

February 22, 2023

Aemetis Inc. on Feb. 13 released an updated five-year plan that provides insights into the company's plans to generate $2.0 billion of revenues, $496 million of net income, and $682 million adjusted EBITDA in year 2027.

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UNICA, the Brazilian sugarcane industry association, has released data showing that ethanol production was up during the second half of January. Ethanol sales for the full month were up more than 23 percent.

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The Andersons Inc. released fourth quarter financial results on Feb. 14, reporting strong quarterly results and record full year earnings. The company's renewables segment achieved good results despite lower ethanol margins.

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The U.S. EPA has released data showing more than 1.75 billion renewable identification number (RINs) were generated under the Renewable Fuel Standard in January, up from 1.59 billion that were generated during the same month of 2022.

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Ethanol Producer Magazine's editor previews the feature articles in the publication's March issue, including stories about carbon capture and sequestration on the High Plains, energy-neutral dehydration and efforts to validate broader use of E30.

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NREL launches synthetic biology project to advance biofuels

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By National Renewable Energy Laboratory

February 15, 2023

A biosystems design project recently launched by the National Renewable Energy Laboratory, LanzaTech NZ Inc., Northwestern University, and Yale University aims to advance the carbon-negative production of biofuels and biochemicals.

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With its engineered membrane systems for dehydration, Whitefox Technologies is helping the ethanol industry in its quest to achieve ultra-low—ultimately zero—net carbon emissions.

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Kemin Bio Solutions launches FermSAVER

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By Kemin Industries

February 09, 2023

Kemin Industries recently launched FermSAVER, a tea-extract product utilized during yeast fermentation for ethanol production. FermSAVER was developed to help reduce stress when yeast is exposed to excess heat generated during the summer months.

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Summit Carbon Solutions' proposed carbon capture, transportation, and storage project continues to advance through the regulatory process as the North Dakota Public Service Commission on Feb. 1 issued an order establishing hearing dates.

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According to new statistical reports released by the RFA, the value of the U.S. ethanol industry's exports soared to a record level of $7.2 billion in 2022. Ethanol export volumes strengthened to 1.35 billion gallons in 2022.

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The U.S. Energy Information Administration maintained its forecast for 2023 fuel ethanol production in its latest Short-Term Energy Outlook, released Feb. 7. The forecast for 2024 ethanol production was reduced slightly.

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Green Plains Inc. released fourth quarter financial results on Feb. 8, reporting that the company's operations were impacted by high corn prices, rail embargoes, and cold weather during the three-month period.

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U.S. fuel ethanol production was down 3 percent the week ending Feb. 3, according to data released by the U.S. Energy Information Administration on Feb. 8. Stocks of fuel ethanol were down slightly for the week.

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During his state of the industry address at the 2023 Iowa Renewable Fuels Summit, Iowa Renewable Fuels Association Executive Director Monte Shaw said that the Iowa biofuels industry is “energized, but a little bit angry.�

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U.S. ethanol exports were down in December, falling to 74.17 million gallons. Exports for the full year reached 1.35 billion gallons, up when compared to 2021, according to data released by the USDA on Feb. 7.

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The government of the Philippines is currently studying the possibility of allowing the use of gasoline blends containing up to 20 percent ethanol, according to a report filed with the USDA FAS Global Agricultural Information Network.

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Minnesota Gov. Tim Walz has proposed to increase funding for the state's Minnesota's Bioincentive Program, which aims to spur private investment in the production of advanced fuels, renewable chemicals and biomass thermal energy.

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UNICA, the Brazilian sugarcane industry association, has released data showing that ethanol sales during the first half of January were up slightly when compared to the same period of 2021. Ethanol production was also up for the two-week period.

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