Ethanol Business Recovers
Ethanol producers are reporting solid revenue after a rough few years caused by high corn prices. Increased demand for fuel and exports are also boosting the sector.
Drought in 2012 sent corn prices past $8 per bushel, crippling the industry. Green Plains Renewable Energy, the nationâ€™s fourth-largest ethanol producer with 12 reported its best quarter at the end of 2013.
The industry was battered by the 2012 drought start an ongoing fight with the federal government, the oil industry and other interests over scaling back the US ethanol blending mandate.
The record 2013 corn harvest has sent prices down to near $4 per bushel. And demand for gasoline has returned.
Stay Up-to-Date On Environmental Management, Energy & Sustainability News with EL's Free Daily Newsletter
Energy Manager News
- Con Edison Development Procures GE Energy Storage System
- Courthouse Replaces Oversized Boiler
- Indoor Farming Company Works on HVAC with PUE 1.0
- Toolkits Designed to Help Health Care Facilities Reduce Energy
- San Antonio Macyâ€™s Store Showcases Better Buildings Challenge Measures
- Natural Gas Gensets to Reach 27 GW of Installed Capacity by 2024
- Larson Releases a Solar Powered Generator with Manual Crank Mast
- Energy Efficiency in Food Service Businesses