14 March 2008 13:22 [Source: ICIS news]
BRUSSELS (ICIS news)--The global renewable fuels industry should not discard first-generation biofuels made from food crops because they are an improvement on fossil fuels, said POET CEO Jess Broin.
“First-generation biofuels are one of the only available options,” Broin of the US-based biofuels company said at the World Biofuels Market Conference here on Thursday. “They are sustainable and they are better than the [fossil fuel] alternatives,” he added.
Broin, whose company POET produces more than 1.1bn gallons/year ethanol, was speaking as part of a panel discussion at the conference during which a debate on the merits of current and future renewable technologies emerged.
Corn-based ethanol production would make way for more advanced renewable technologies, said Tjerk de Ruiter, CEO of Danish biofuels company Genencor. He called first generation biofuels a "stepping stone".
First generation biofuels are broadly defined as those produced using food crops such as corn (maize). The products are mainly ethanol and bio-esters.
Second-generation biofuels are made from non-food feedstocks such as agriculture and forestry waste.
According to energy giant Shell, when commercialised, the cost of second-generation biofuels could be more comparable with standard petrol and diesel.
Used at 100% concentration, second- generation biofuels could reduce well-to-wheels CO2 production by up to 90%, Shell says.
The three-day conference ends today.
For more on biofuels see Simon Robinson's Big Biofuels Blog
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|
|
ICIS Chemicals Confidential