How’s That? Cellulosic Fuels Now Worth $4.98/gallon, up 15% in 2 Mos
by Jim Lane (Biofuels Digest) The value of cellulosic fuels has reached $4.98 per gallon in the California market. That’s real-world, today, including the energy and the low-carbon attributes, and not based on speculation. The value has risen 65 cents, or 15.1 percent in the past 56 days — and is up $1.24 per gallon, or 33.1 percent, in the past 19 months.
The soaring fuel values are prompting several companies to substantively expand or re-evaluate plans for cellulosic ethanol.
Check out daily fuel values – the New Digest Daily Fuel Value Calculator
You can check out real-world fuel values, and create “what-if” scenarios — for cellulosic ethanol as well as biomass-based diesel fuels with our new Fuel Value Calculator, which is here.
The Fuel Value Calculator takes into account the energy content of the fuel, plus the carbon value as expressed through various carbon-reducing authorities such as the Renewable Fuel Standard and the California Low Carbon Standard. You can check out current values, or put in your own assumptions on future value — and the Calculator does all the calculation work for you to come up with a real-world or scenario value. READ MORE (12 news items. In today’s Digest, we look at 5 new cellulosic deployment items; 4 cellulosic R&D updates, 2 production updates and a feedstock update)