Search the Community
Showing results for tags 'blender pumps'.
Found 3 results
The USDA just announced $100M for blender pumps. Here is the main text from the announcement: As part of that commitment, USDA is investing up to $100 million in clean energy infrastructure that will make more options available to American consumers. Through the Biofuels Infrastructure Partnership, USDA funds, administered through competitive grants and matched at least one-to-one by funds from States, will test innovative ways to distribute higher blends of renewable fuel. States that offer a greater than one-to-one ratio in funding will receive higher consideration for grant funds. A typical gas pump can deliver fuel that contains a maximum 10% ethanol, which limits the amount of renewable energy most consumers can purchase at the pump, despite the fact that our farmers now produce record amounts of renewable biofuels. At this point, I don't know if retailers will be able to directly apply or how the match from states will work. The information is not yet available. The announcement comes on the heels of the EPA failing to enforce the statutory levels of the RFS and citing the blend wall as the reason. Also in response to the RVO levels, RINs are dropping like a rock, which will affect E85 prices negatively quickly. I will share more once I have more to share. Robert
Ethanol is always catching flack for "subsidies". Most don't realize the Volumetric Ethanol Excise Tax Credit (VEETC) expired in 2011, along with the import tariff and for the most part, the infrastructure tax credit. Some claim the RFS is a subsidy, which is borderline comical. I thought I would share EIA's report from today on energy subsidies. You can see that fossil fuels still dominate all renewables, and ironically this week is also the 113th anniversary of oil subsidies. http://1.usa.gov/1AuIXoq Robert
The State of South Dakota has announced more funding for ethanol infrastructure, which now includes underground storage tanks. The funding has successfully placed 60 blender pumps throughout the state, but most remain in the eastern half. The program hopes that will change in the future and that the new category for underground storage tanks will help. The state has a total of $400,000 available for blender pumps, and an additional $300,000 for storage tanks. Applications for both are due by June 30, 2015. For more information, visit: http://bit.ly/17QYEzq. Please share with your contacts in South Dakota, let's make sure there are plenty of applications to utilize the funding. Robert