Biofuels Digest is a great source of Information. Today I saw what ExxonMobile thinks about biofuels.
"In Florida, Scott Nauman, Manager for Economics and Energy at ExxonMobil, said that biofuel production will only make up 3 million barrels a day out of an estimated 116 Mbd by 2030, and that hydrogen will not play a significant role in transportation before 2030 either."
Helge: 3 out of 116 Mbd is a very small number. Biofuel is and will continue to be a niche product.
He said that while ExxonMobil is not opposed to blending ethanol with gasoline, the company has no immediate plans to increase biofuels in the supply chain.
Helge: The big companies are not opposing...
ExxonMobil is injecting $100 million into a 10 year, $225 million cellulosic ethanol R&D project in partnership with GE and Stanford University, but Nauman said that "cellulosic ethanol will not happen in the next 5-15 years" on a commercial scale.
Helge: Cellulosic ethanol. That's the point. We talk the same language. The cellulosic ethanol and other downstreams might be used for something else.
"In Florida, Scott Nauman, Manager for Economics and Energy at ExxonMobil, said that biofuel production will only make up 3 million barrels a day out of an estimated 116 Mbd by 2030, and that hydrogen will not play a significant role in transportation before 2030 either."
Helge: 3 out of 116 Mbd is a very small number. Biofuel is and will continue to be a niche product.
He said that while ExxonMobil is not opposed to blending ethanol with gasoline, the company has no immediate plans to increase biofuels in the supply chain.
Helge: The big companies are not opposing...
ExxonMobil is injecting $100 million into a 10 year, $225 million cellulosic ethanol R&D project in partnership with GE and Stanford University, but Nauman said that "cellulosic ethanol will not happen in the next 5-15 years" on a commercial scale.
Helge: Cellulosic ethanol. That's the point. We talk the same language. The cellulosic ethanol and other downstreams might be used for something else.
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