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Company eyes hemp as feedstock for biofuel, power generation

Patriot Bioenergy

December 14, 2012

BY Holly Jessen

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Blackburn introduces bill to temporarily reinstate biodiesel tax credit

By Erin Krueger

5 hours ago

Policy Advanced Biofuels 

Sen. Marsha Blackburn, R-Tenn., on Dec. 2 introduced the Consumer Relief and Opportunities for Producers Act, which aims to temporarily reinstate the $1 per gallon biodiesel blenders tax credit for six months, through May 31, 2026.

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California Ethanol + Power and the Imperial Valley Economic Development Corp. on Dec. 11 announced that Sugar Valley Energy has been selected to receive a Jobs First Grant through the Southern Border Jobs First Collaborative.

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Drax Group plc on Dec. 11 announced the company has no near-term or medium-term plans to expand wood pellet production capacity. Work on the proposed 450,000-metric-ton-per-year pellet plant in Longview, Washington, will remain paused.

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Renewables are expected to account for more than 24% of U.S. electricity generation in 2025, expanding to 26% in 2026, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released Dec. 9.

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