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Company Promises One Dollar-Per-Gallon Ethanol At US Pumps
By Mr Ethanol | March 26, 2008
Inventor Spot:
If all goes to plan, ethanol may be appearing at US pumps at $1 per gallon, according to an article at Energy-Daily.com.
The Alternative Energy Technology Center http://www.altenergytechcenter.com/default.aspx has recently announced that it has new technology that can refine common cellulosic biomass into fuel that can be sold for $1 per gallon, without government subsidies or incentives. Currently, ethanol sells for about $2.60 per gallon, and costs about $2 to produce in today’s plants.
“We expect to produce over 100 gallons of fuel per ton of cellulosic biomass which costs about $65 in today’s market,” said Brown Marks, CEO of the Alternative Energy Technology Center. “We have designed our technology to use low-cost feed stocks that are widely available at low cost. We use a low-energy input design to increase efficiency, and we can place our plants wherever there is abundant biomass available.”
As the company explains on its Web site, biomass types like wood chips, switchgrass and agricultural waste are less expensive than the food-type feed-stocks that were used in the first generation of ethanol and biodiesel plants. Hopefully, non-food biomass will offer a more efficient fuel for tomorrow’s cars.
Topics: Cars, Cheap, Ethanol, Money, News, Prices |
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