Biofuel Production Gets a Bit More Efficient

Novozymes just announced the release of a new enzyme which will increase the efficiency of biofuel production – leading to greater ethanol yields. The enzyme, called Avantec, will allow biofuel producers to get 2.5 percent more ethanol out of their corn inputs. That might not sound like a lot, but it scales well. The typical ethanol plant uses around 900,000 tons of corn, producing 100 million gallons of ethanol. With this new product, producers can use 22,500 fewer tons of corn to achieve the same output – or squeeze out 2.5 million additional gallons of ethanol for the same input. Ethanol futures were up to $2.413/gallon yesterday – making the potential value of the increased efficiency over $6 million. Not too shabby.

3p Publisher Nick Aster gets the full story from Peder Holk Nielsen of Novozymes:

Jen Boynton

Jen Boynton has been the editor in chief of TriplePundit, for 8 years! With over 6 million annual readers, TriplePundit is the leading publication on the Triple Bottom Line. Prior to TriplePundit, Jen received an MBA in Sustainable Management from the Presidio Graduate School and a degree in Sociology from Pitzer College. She spent a few years in the non-profit policy sector as well, but we won't talk about that. In her work with TriplePundit she's helped clients from SAP to PwC with their sustainability communications messaging. When she's not at work, she volunteers as a CASA -- court appointed special advocate for children in the foster care system. She enjoys losing fights with her toddler overload and eating toast scraps. She lives with her family in sunny San Diego.