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EIA reduces forecasts for 2024, 2025 fuel ethanol production

July 9, 2024

BY Erin Voegele

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Alto partners with Vault for Illinois CCS project, considers idling Magic Valley plant

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By Erin Voegele

November 08, 2024

Carbon CaptureBusinessOperations

Alto Ingredients Inc. on Nov. 6 released Q3 financial results, announcing an agreement with Vault 44.01 related to a CCS project in Illinois and indicating the company is considering idling its Idaho ethanol plant in response to falling margins.

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U.S. operable biofuels capacity was at 24.9 billion gallons per year in August, down slightly from the previous month, according to data released by the U.S EIA. Feedstock consumption was up when compared to the previous year.

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U.S. fuel ethanol exporters are on track to export a record amount of the fuel in 2024. The increase in exports this year has largely been driven by demand in countries with biofuel blending mandates and cheaper-than-usual U.S. fuel ethanol prices.

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A steam-generating heat pump technology available in an energy-as-a-service package is giving ethanol producers a zero-capex decarbonization solution.

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U.S. fuel ethanol production expanded by 2% the week ending Nov. 1, according to data released by the U.S. Energy Information Administration on Nov. 6. Ethanol stocks were up 1% and exports were up 82%.

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