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UK DECC publishes draft of Contract for Difference

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By Erin Krueger

August 15, 2013

Power 

The U.K. Department of Energy and Climate Change has published a detailed draft of a long-term Contract for Difference, which is a new support mechanism that is being introduced to help incentivize private sector investment in energy infrastructure.

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BioFuel Energy Corp. has its financial results for the second quarter of 2013, reporting a net loss of $4.7 million on revenues of $91 million, and noting that it has received indications of interest from parties regarding the purchase of its plants.

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Dyadic International Inc. has announced financial results for the second quarter of 2013, noting that total revenue for the three-month period decreased to $7.1 million compared to $7.8 million for the same period of last year.

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Dyadic International Inc. has announced financial results for the second quarter of 2013, noting that total revenue for the three-month period decreased to $7.1 million compared to $7.8 million for the same period of last year.

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The sale of the Oshkosh, Wis.-based Utica Energy LLC ethanol plant to Stanley, Wis.-based Ace Ethanol LLC officially closed Aug. 12. The plant will now be a wholly owned subsidiary of Ace Ethanol, and is to be named Fox River Valley Ethanol.

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GranBio, a Brazilian biotechnology company, and Rhodia, a Solvay Group company, have signed an agreement to create a partnership dedicated to the production of bio n-butanol. Bio n-butanol is made from sugar cane straw and bagasse.

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The Federal Energy Regulatory Commission's Office of Energy Projects has published its Energy Infrastructure Update for July 2103, reporting one new biomass unit with an installed capacity of 40 megawatts (MW) was placed in service during the month.

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Detroit Renewable Energy LLC completed $55 million in long-term financing to support its investment in the environmental, renewable energy and economic development infrastructure in Detroit.

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On Aug. 1, 2013, Marathon Petroleum Corp. acquired from Mitsui & Co. (U.S.A.) Inc. its interests in three ethanol companies operated by The Andersons for $75 million in cash.

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Brazilian ethanol sales were booming in late July, according to UNICA, the Brazilian Sugarcane Industry Association. Specifically, sales by sugar mills in Brazil's South Central region are up more than 30 percent compared to sales early in the month.

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Cosan Ltd. and Cosan S.A. Industria E Comercio recently released financial results for the second quarter of 2013, reporting consolidated EBITDA of R$833 million ($364.92 million) and a net revenue of R$8.7 7 billion.

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IRFA launches E85 wholesale price listing service

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By Iowa Renewable Fuels Association

August 13, 2013

The Iowa Renewable Fuels Association has announced the launch of its E85 Wholesale Price Listing Service. The IRFA lists E85 prices from wholesale distributors with the intent of increasing transparency in the marketplace.

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One week after the U.S. EPA finalized the 2013 volume requirements for the renewable fuels standard (RFS), the American Fuel & Petrochemical Manufacturers and American Petroleum Institute are already gearing up to fight the 2014 RFS standards.

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One week after the U.S. EPA finalized the 2013 volume requirements for the renewable fuels standard (RFS), the American Fuel & Petrochemical Manufacturers and American Petroleum Institute are already gearing up to fight the 2014 RFS standards.

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Zilkha Biomass Fuels has closed an $18.8 million finance package to renovate and retrofit the former Dixie Pellets plant in Selma, Ala., to a full-scale Black Pellet plant with an annual capacity of 275,000 tons.

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Solazyme Inc. recently released financial results for the second quarter of 2013, reporting progress in the development of its commercial production facilities. The company reported total revenue for the quarter of $11.2 million.

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The U.K.'s largest biomass power plant is completing its final day of operation. RWE npower has announced that the 750 MW facility will generate power for the last time on Aug. 13. The facility, originally fueled with coal, operated for 46 years.

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While the USDA lowered its corn crop estimates in its monthly supply/demand report, the ethanol industry is pointing out that it is still a record crop and demonstrates the weaknesses in the arguments from opponents of the renewable fuel standard.

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Process safety management requires comprehensive hazard analysis and records.

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A Kansas-based company is offering two bolt-on options for ethanol producers looking to turn crude corn oil into biodiesel or renewable diesel.

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Mascoma Corp. says it is actively seeking project financing to build its two proposed cellulosic ethanol plants amid news that Valero Energy Corp. is no longer involved in its U.S. project planned for Kinross, Mich.

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Sen. Udall tours biomass power plant in Gypsum, Colo.

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By Sen. Mark Udall’s office

August 12, 2013

Following a visit to the site of Gypsum's new biomass power plant, Sen. Mark Udall, D-Colo., said this public-private partnership should serve as an example for the nation on how to create jobs and generate energy while also reducing wildfire risks.

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Prepared plant operators are trained to quickly and efficiently react in the case of a chemical accident.

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