California Here I Come: Ethanol Industry Looking to California’s Lucrative Low Carbon Market
by Jessie Stolark (Enviromental and Energy Study Institute) Two recently announced major joint ventures from ethanol producers – one in the cellulosic and another in the first-generation space – are aimed at selling biofuels in California, specifically. Driven by the state’s Low Carbon Fuel Standard (LFCS), ethanol producers can derive additional value from selling low carbon biofuels specifically into the California fuels market and capturing the value of LCFS fuel credits.
ELEMENT: Lower Carbon Corn Ethanol Could Displace Brazilian Ethanol Imports in CA
On March 6, biofuels technology provider ICM and agribusiness and ethanol company The Andersons announced their new joint venture, ELEMENT. The 70-million-gallon-per-year biorefinery will be located in Colwich, KS, next to ICM’s headquarters and is expected to be operational in 2019.
What will set ELEMENT apart from the typical corn ethanol facility is the integration of a variety of technologies aimed at significantly driving down the carbon intensity of the finished fuel and increasing the amount of co-products; meaning less corn is making more products.
Aemetis: From Trash to Treasure in Central California
Also on March 6, Aemetis, a Cupertino, CA, ethanol and biotechnology company, announced it had met a major milestone at its demonstration facility. Aemetis is working with InEnTech and LanzaTech to build a $153 million cellulosic ethanol facility in Central California, and based on the production milestones at its demonstration facility, it is now eligible for a Biorefinery Assistance Program guaranteed loan, a program of the Farm Bill’s Energy Title (Section 9003). The facility is expected to produce 12 million gallons of cellulosic ethanol as well as fishmeal and biogas from wood waste and nutshells in the agriculturally rich Central Valley of California. READ MORE