Green Options » verenium

BP Becomes Leader in Cellulosic Ethanol Investment, Adds $22.5M to Verenium

Clayton B. Cornell — Fri, 20 Feb 2009 19:31:33 +0000

On Wednesday, BP anounced a joint venture with Verenium to build the world’s largest cellulosic ethanol facility. BP’s total investment—now $112.5 million—will be the largest by an oil company in advanced, non-food-based biofuels.

The Florida-based plant would be 25 times larger than Verenium’s existing (and operational) cellulosic ethanol facility in Louisiana, which began operation earlier this month and is expected to produce 60+ million gallons of cellulosic ethanol per year when at full capacity. This new, larger facility is schedule to break ground in 2010 and commece operations in 2012.

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Fuel From Utility Poles: Cellulosic Ethanol Heats Up in Cool Economy

Jennifer Kho — Mon, 19 Jan 2009 07:55:05 +0000

Utilities may soon be helping to bring biofuels to your gas tank in an unexpected way. Montreal-based Enerkem recently announced it has finished building what it’s calling its first commercial-scale plant, one that will make cellulosic ethanol, methanol and various biochemicals from discarded utility poles.

After 14 months of construction, the Westbury, Quebec, factory was “mechanically completed” in December, but it isn’t yet fully operational. The company is now working to get the gas part of the plant – the part that will convert the poles into what’s called “syngas,” a mixture that includes carbon monoxide and hydrogen, and will use it to make methanol — up and running now and expects it to be running constantly by early February, CEO Vincent Chornet says.

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First Cellulosic Ethanol Plant in USA Up and Running

Nick Chambers — Fri, 09 Jan 2009 22:49:22 +0000

After a $90 million shot in the arm from oil giant BP back in August, second generation cellulosic ethanol pioneer Verenium has started production of ethanol from non-food sources such as wood chips, grass straw, and trash at their Jennings Louisiana demonstration plant (PDF). This is the first such plant to begin operation in the US.

As most of the first generation corn ethanol world has started to exit stage left in a loud and raucous way, the pioneers of second generation cellulosic ethanol — what I like to call “celluline” — have been quietly conducting dress rehearsals for their grand entrance.

And now the world of cellulosic ethanol has an honest-to-goodness demonstration plant to prove that it works. The plant will produce 1.4 million gallons of ethanol a year. Although it’s not at the commercial scale yet (60+ MGY), this represents a huge leap forward for second generation ethanol, which to this point has been full of promises but lacking on deliverables.

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BP Invests $90 Million in Verenium’s Cellulosic Ethanol Technology

Nick Chambers — Wed, 06 Aug 2008 22:11:54 +0000

It seems that BP is trying to make up for lost time — the worldwide oil giant has invested $90 million in cellulosic ethanol company, Verenium. This is BP’s first foray into the world of cellulosic ethanol (ethanol derived from non-food crops), and man is it a gigantic one.

The money will be distributed to Verenium over the next 18 months, with a likelihood of further investment and cooperation beyond that point. Under the agreement, BP will have broad access to Verenium’s research, production facilities, and technology.

Although relatively late to the fray, BP thinks this investment gives them the “most advanced technology for transforming [cellulosic material] to biofuels,” as Sue Ellerbusch, president of BP Biofuels North America said.

Verenium claims to have the edge in cellulosic ethanol production through genetic engineering of the microbes required to turn the cellulosic material (switchgrass, wood chips, sugarcane bagasse, miscanthus) into ethanol.

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