July 19, 2019
BY Erin Voegele
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Growth Energy recently worked with the Energy Futures Initiative Foundation, led by former U.S. Secretary of Energy Ernest J. Moniz, on new research detailing pathways to further decarbonize bioethanol.
CARB on Nov. 8 approved updates to its LCFS that aim to reduce the CI of the state’s transportation fuel by 30% by 2030. The updates also alter how a variety of biofuels, including biobased diesel and RNG, participate in the program.
Gevo Inc. released Q3 financial results on Nov. 7, discussing the impact of the conditional commitment for its DOE loan guarantee and confirming the company’s acquisition of Red Trail Energy remains on track to close in early 2025.
The USDA National Agricultural Statistics Service on Nov. 8 slightly reduced its forecasts for 2024 corn production and yield. Even with those reductions, corn yields are expected to set a record at 183.1 bushels per harvested acre.
The USDA maintained its forecast for 2024-’25 corn use in ethanol production in its latest World Agricultural Supply and Demand Estimates report, released Nov. 8. The agency increased its estimate for 2023-’24 corn use in ethanol.