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ADM: Current blending economics for ethanol favorable

Archer Daniels Midland Co.

May 1, 2018

BY Erin Voegele

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USDA awards $60 million in HBIIP grants

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By Erin Voegele

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The USDA on Jan. 10 awarded $60 million in Higher Blends Infrastructure Incentive Program grants. The funding supports 70 projects in 24 states that aim to increase consumer access to higher blends of ethanol and biodiesel.

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The USDA on Jan. 10 awarded $120 million in grants to 516 projects under the Rural Energy for America Program. One of those awards will support an improvement project at Nebraska-based KAAPA Energy LLC.

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Canada-based Greenfield Global Inc. is offering its operational, full-staffed 48 MMgy fuel ethanol plant in Winnebago, Minnesota, for sale via auction, according to Chabina Energy Partners LLC. Non-binding indications of interest are due Jan. 27.

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Aemetis Inc. on Jan. 13 announced the receipt of $11 million from the sale of IRA investment tax credits generated by a solar electricity generation project at the Keyes ethanol plant and two dairy biogas digesters built as Aemetis Biogas projects.

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Treasury and the IRS on Jan. 10 released guidance on the 45Z clean fuels production credit, including a notice of intent to propose regulations and a notice providing the annual emission rate table for the credit.

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