September 21, 2011

Walmart's Solar Power Initiative Will Total More Than 130 Stores By The End Of 2013

Walmart today announced its plan to install solar panels on up to 60 additional stores in California, expanding the company's solar portfolio to more than 75 percent of its stores in the state, making California the first state in the nation where Walmart has devoted this level of commitment to renewable energy.  

"California presents a great opportunity for Walmart to make significant progress toward our sustainability goals by installing solar power on more than 130 store rooftops throughout the state," said Kim Saylors-Laster, Walmart vice president of energy.  "Walmart has reduced energy expenses by more than a million dollars through our solar program, allowing us to pass these savings on to our customers in the form of everyday low prices."

When complete, Walmart's total solar commitment in California is expected to:

  • Generate up to 70 million kilowatt hours of clean, renewable energy per year, which is the equivalent of powering more than 5,400 homes*;
  • Avoid producing more than 21,700 metric tons of carbon dioxide emissions per year, which is the equivalent of taking approximately 4,100 cars off the road*; and
  • Provide 20 to 30 percent of each facility's total electric needs.

"Walmart has undertaken one of the most ambitious solar initiatives of any company in the U.S., and tripled the scale of its initial project with us," added Lyndon Rive, SolarCity's CEO.  "Walmart is setting an example that far more companies in the U.S. can follow; it is possible for many businesses to pay less for solar power than they currently pay for electricity."

Walmart's investment in solar power is anticipated to create hundreds of jobs in California through its partnership with SolarCity, which will own, install and maintain the new solar power systems. The San Mateo, Calif.-based company has added more than 500 new full-time jobs since it initiated its first Walmart solar project, and expects to hire hundreds more before the end of the year.

"Our solar efforts in California have proven to be a great way for Walmart to build our renewable energy program," said Mack Wyckoff, senior manager of renewable energy at Walmart.  "We are confident that we will continue to grow our solar energy program in the U.S. and around the world because of the initial success we have had in California."

Walmart is using a number of renewable technologies around the world to make progress towards the goal of being supplied by 100 percent renewable energy.

September 16, 2011

Valero Renewables to Install Corn Oil Extraction Systems at Four Midwest Ethanol Plants

Valero Renewable Fuels Company LLC, a subsidiary of Valero Energy Corporation, announced today its plan to install an ICM-patent pending, next-generation Advanced Oil System (AOS) corn oil extraction system at four of its ethanol plants in the Midwest by the end of the first quarter of 2012.

The investment will allow the Valero Renewables plants to recover more than one-half pound of corn oil per bushel of corn processed, giving the plants an additional source of revenue besides ethanol and distillers grains.

The four plants that will take part in the initial installation of corn oil extraction equipment are in Albert City, Charles City, Fort Dodge and Hartley, Iowa. Following the initial rollout of corn oil extraction at these first four plants, Valero Renewables will study the possibility of installing the equipment at another five of its plants that use a dry mill technology to produce ethanol.

“In the basic dry mill ethanol process, all of the corn oil ends up in distillers grains, which is used as livestock feed,” said Jim Gillingham, Valero’s Senior Vice President-Alternative Energy and Project Development. “The new equipment will allow us to recover corn oil so that it can be sold into higher-value markets for use in animal feed and as a feedstock for biodiesel production.”

Valero Renewables expects the corn oil extraction program to enhance plant margins at a low cost, enabling a payback of capital expenditures in less than two years.

July 27, 2011

Gevo and South Hampton Resources to Build Hydrocarbon Processing Demonstration Plant

Gevo, Inc. today announced it plans to work with South Hampton Resources, Inc., a subsidiary of Arabian American Development Co., to build a hydrocarbon processing demonstration plant at their facility just outside of Houston in Silsbee, Texas. This demonstration plant is expected to process up to 10,000 gallons of Gevo’s isobutanol per month into a variety of renewable hydrocarbon materials including jet fuel for engine testing, isooctane for gasoline, isooctene and paraxylene for polyethylene terephthalate (PET) and will supply other potential customers with material for product qualification and evaluation. The demonstration plant is slated for completion before the end of 2011. The contract between the companies is for two years with one-year extensions thereafter.

“This demonstration plant allows us to complete the value chain from isobutanol to renewable hydrocarbon fuels and chemical intermediates which is one of our key strategic objectives,” said Patrick Gruber, Ph.D., CEO of Gevo. “With the operation of this plant, Gevo intends to demonstrate its fully integrated biorefinery -- going from renewable carbohydrates all the way to fungible hydrocarbon materials used across the refining and petrochemical industries. We expect this plant to showcase the value of our renewable hydrocarbons and drive future customer demand.”

“We have a growing list of potential customers and end-users interested in renewable hydrocarbons for a variety of market applications from jet fuel to renewable PET,” said Christopher Ryan, Ph.D., president and COO of Gevo. “This plant should allow us to supply early adopters with product so they can test our material, make samples and start their selling cycle. We also expect to gain critical technical and market insights along the way.”

South Hampton Resources, Inc. has agreed to provide Gevo with toll-manufacturing services at its Silsbee, TX facility and complete the final design and engineering package for the demonstration plant from preliminary plans supplied by Gevo. Gevo will own all the intellectual property that results from the work including the plans, designs and systems developed for the demonstration plant and future commercial-scale plants.

Joule Awarded Patents for High-Volume Ethanol Production from Sunlight and CO2

Joule Unlimited Technologies today announced the issuance of its first two U.S. patents covering its fundamental method for producing ethanol at volumes and efficiencies far surpassing biomass-dependent processes.

The patents relate to methods for increasing the ethanol production capability of a photosynthetic microorganism. Unlike competing technologies that utilize microorganisms to produce ethanol by fermenting sugars from cellulose or other biomass materials, Joule's platform microorganism is engineered to produce and secrete ethanol in a continuous process, converting more than 90% of the CO2 it consumes directly to end product, with no reliance on biomass feedstocks.

U.S. Patent #7,981,647 and U.S. Patent #7,968,321, granted on July 19th and June 28th respectively, cover enzymatic mechanisms engineered into the cell by Joule to maximize its ethanol productivity. These innovations, together with Joule's advances in bioprocessing and solar capture and conversion, will help Joule achieve an ultimate target of 25,000 gallons per acre annually – a rate that is 10X greater than that of cellulosic ethanol and 100X greater than corn ethanol – while requiring no depletion of food crops, agricultural land or fresh water. In addition, by eliminating the need for biomass, Joule avoids the burden of fluctuating feedstock cost and supply, as well as the energy-intensive, multi-step conversion of biomass to product. At full-scale commercial production Joule expects to produce ethanol for as little as $0.60/gallon.

"The market for ethanol is strong and growing internationally, and our patented technology affords Joule an incredible opportunity to meet growing demand at productivities well beyond biomass-based approaches," said Bill Sims, President and CEO of Joule. "Rather than focus on incremental improvements along the supply chain, we have proven that a direct, continuous process from photons to fuel is the answer to highly-efficient, cost-competitive production that can scale without today’s feedstock constraints."

Joule is now producing ethanol at pilot scale, and has achieved nearly 50% of its ultimate productivity target in the lab. The company today holds a total of six U.S. patents and more than 70 applications pending, derived from four years of development across biology, processes and systems.

July 24, 2011

Petroleum Demand Up For First Six Months Of 2011

Total petroleum deliveries (a measure of demand) rose in June compared with May and with June a year ago and were up 1.9 percent for the first six months of 2011 over the same period in 2010.  Gasoline demand was nearly flat compared with June a year ago, but up from both April 2011 and May 2011.  Ultra-low sulfur diesel demand continued to register strong numbers over 2010, achieving a record high.

“The growth in overall demand is consistent with the nation’s modest but steady economic expansion,” said API chief economist John Felmy.  “Gasoline demand essentially treaded water while demand for ultra-low sulfur diesel continued its year-over-year increase.  Gasoline demand appears to still be held back by high unemployment and consumer uncertainty.  On the other hand, the robust ultra-low sulfur diesel demand numbers suggest U.S. manufacturing is picking up the pace.”

U.S. refinery gasoline production was at a record high for the month and for the year.  For the month of June, distillate production was at a three-year high while jet fuel production was at a six-year high. Strong refinery production has reduced the need for petroleum product imports, which declined more than 30 percent in June compared with June a year ago.  Crude imports declined 4.8 percent, and total imports fell 10 percent

Crude oil production fell to a two-year low and showed year-over-year declines for the second month in a row.  At 5.4 million barrels a day, crude oil production was down by 2.0 percent from June 2010.  For the second quarter, crude production was down by 0.1 percent.  The preliminary reported data to API on offshore oil wells drilled show an 82.0 percent decline in the second quarter of this year compared with last.  Despite the offshore drilling decline, API estimates onshore oil well completions, which include wells drilled on private as well as public lands, were at the highest second quarter level since 1985.

Crude stocks (excluding SPR) fell by 2.9 percent from the prior month and 1.5 percent from the prior year, but were still at the second highest stock level for any June since 1990, not counting 2010.  With the exception of jet fuel stocks and residual fuel stocks, all key refined products’ stock levels showed declines in June compared with May.

Source : API