Advanced Biofuels Could Be Commercialized in 1-3 Years

RenewableEnergyWorld.com
By Jim Lane, Biofuels Digest November 18, 2010

San Francisco, CA, USA — Progress in advance biofuels has been slow for the past two years. But industry leaders reported a quickening pace towards commercialization last week in San Francisco at Advanced Bioenergy Markets, one of the last major gatherings of industry CEOs before the close of the year.

In contrast to the “five years away” and subsidy-driven discussions that framed advanced biofuels conversations just two years ago, CEOs are widely reporting that they expect their companies to reach commercial scale within 12-36 months, with costs in the $0.75 to $2.50 per gallon range.

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