There has been a great deal of research regarding cellulosic ethanol.
However, despite all the information gathered it still requires numerous
expensive inputs. These inputs have kept it from being a feasible
alternative fuel source in the commercial markets. Recent technological
developments have addressed these issues and reduced the cost of ethanol
production by 72% from 2008. These innovations indicate that cellulosic
ethanol will be commercially competitive by 2016. This has encouraged
multiple companies to build larger facilities dedicated to the
production of the fuel. Currently there are 14 pilot plants, 9
demonstration-stage projects, and 10 semi-commercial scale facilities
that are scheduled to be completed and online shortly. If predictions
prove accurate than it is very probably that cellulosic ethanol will
play a influential role in the energy markets by the end of the decade.
Cellulosic Ethanol 'to Be Cost Competitive by 2016
March 12, 2013
Thank you for your time,