“90 Billion Gallons Per Year of Cellulosic Ethanol is Possible,” Concludes Sandia National Lab Report
Thirty percent of USA gasoline demand can be replaced by 2030
Itasca, IL – February 10, 2009 – DDCE welcomes the findings of a study by the US Department of Energy’s Sandia National Laboratory. The study, sponsored by GM, finds that large scale and sustainable production of advanced biofuels can exceed the levels required by the Renewable Fuel Standard (21 billion gallons.) The key findings of the study include:
- Producing 90 billion gallons of biofuels could reduce direct U.S. greenhouse gas emissions equivalent to 87 coal-fired electricity plants.
- Large volumes of cellulosic biofuels can be produced from already identified biomass and resources without displacing crop production.
- Cellulosic biofuels could compete without incentives with oil priced between $70 and $90 per barrel in 2030, with accelerated development of technology and feedstocks.
- The investment in cellulosic biorefineries would be comparable to that required to expand domestic oil exploration and production to equivalent levels.
- Building the necessary transportation and distribution infrastructure is a challenge but not an insurmountable obstacle.
“The Sandia study confirms that the future of cellulosic ethanol is a realistic route to energy independence,” said Joe Skurla, President and CEO of DDCE. “More importantly, it also shows that our industry will contribute significantly to a low carbon transportation sector and the new green economy.”
About DDCE
DuPont Danisco Cellulosic Ethanol, LLC (DDCE) is dedicated to the development and commercialization of cellulosic ethanol. The company’s mission is to accelerate the development of commercial scale biorefineries thereby contributing to energy independence, stronger rural economies and a low-carbon transportation sector. DDCE is leveraging the legacy investments and intellectual property estates of its parent companies to develop, demonstrate and commercialize an integrated technology package to make ethanol from non-food agricultural feedstocks.
Contact:
Jack Huttner
Vice President Commercial & Public Affairs
+1 630 570 7332
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