Biodiesel
in the news
Oil
companies request fiscal aid for biofuel
Be
part of the Bio fuel bonanza
Team
RAC aiming to make history with first bio-fuel podium
To
boldly go … Virgin’s search for green fuel
D1
Oils to buy major site for biodiesel production, distribution
on Merseyside
News
in detail
Oil
companies request fiscal aid for biofuel (21/09/06)Mihai
Istrate
Petrom, Rompetrol and Lukoil have expressed interest in investing
in the development of biofuel refineries if the Ministry of
Economy and Trade (MEC) agrees to grant fiscal aid for this
type of activity. Representatives from the three companies
met with Minister of Economy Codrut Seres Tuesday, presenting
to him a series of propositions for the promotion of bioethanol
and biodiesel on the Romanian market, according to an MEC
press release. One of the propositions calls for the gradual
increase of the proportion of biofuel that is mixed with regular
fuel, according to a pre-established agenda. A second proposition
calls for the granting of fiscal aid. A working group made
of MEC experts and specialists from the three companies will
elaborate in the following period a set of concrete proposals
for the implementation of the European directives for the
promotion of biofuels
The
promotion of renewable fuels as part of the effort to reduce
polluting emissions is one of Romania's pledges to the European
Union. The European directive, which Romania adopted in 2005,
stipulates that two percent of all fuel consumed in 2007 must
be from renewable sources. The share must reach 5.75 percent
by 2010.
top
Be
part of the Bio fuel bonanza(20/09/06)
CHEAPER
motoring is high on the agenda for most motorists. Combine
that with cleaner fuel and enhanced performance and you've
got the dream car and that dream can turn to reality thanks
to a local firm.
Green Fuels, based near Malmesbury in Wiltshire, is offering
a large, matchbox-sized gizmo which changes an ordinary petrol-driven
car into a clean one by converting it to run on bio-ethanol
E85.
One end of the Fullflex Gold Bi-Fuel manager plugs into the
vehicle's engine management unit, while the other is attached
to the injectors.
Once fitted, which is an hour-long job for a garage, the vehicle
can run on 100 per cent bio-ethanol E85, unleaded petrol or
a mix of both.
The results are reduced emissions, cheaper fuel and a power
boost.
Fullflex Gold Bi-fuel Manager has been used for the last 20
years in Brazil where sugar beet - used in the making of bio-ethanol
- is plentiful.
Bio-ethanol is seen as the way forward towards more environmentally
friendly motoring.
Both Ford and Saab have recently launched FlexiFuel cars,
while more than 9,000 such vehicles have been sold in Scandinavia
in the last few months.
top
Team
RAC aiming to make history with first bio-fuel podium(18/09/06)from
Team RAC
Team RAC return to the Kent circuit this weekend confident
that they can make history by becoming the first team to achieve
a podium finish for a bio-ethanol fuelled race car. WSR (Sunbury-on-Thames)
made the switch to bio-fuel for the first time at Knockhill,
just over two weeks ago, following support from sponsors RAC
and EEMS (the Motorsport Development UK’s initiative
Energy Efficient Motorsport).
With this
the second visit to Brands Hatch Indy Circuit since April
and the 2006 Dunlop MSA British Touring Car Championship season
opener, Team RAC will be looking to convert pace to podiums
at this season’s penultimate rounds. At just 1.22 miles
in length it is the shortest lap on the BTCC calendar providing
bumper-to-bumper action and great spectator viewing.
Colin
Turkington (Portadown, NI) took to the podium twice back in
April at a circuit where traditionally the MG ZS has performed
well. Showing great pace at Knockhill, Colin is hoping that
the track conditions at Brands Hatch remain dry, unlike the
Scottish excursion. He said: "The Team RAC MG has great
pace which I believe to be faster than the Honda. Whilst we
didn’t get results at Knockhill we certainly showed
pace and I’ll be on it this weekend."
Colin
(188 points) currently remains second overall in the Drivers’
Championship to Matt Neal (241 points) and mathematically
is still in the running for the Championship title. However,
Colin remains realistic of his chances. He added: "I
had some bad luck at Knockhill which was a major turning point
in the Championship. Realistically it needs Matt Neal to have
some of that bad luck to enable me to be in with a shout.
By no means have I given up the fight and I certainly won’t
make it easy for him."
Rob Collard
(Eversley, Hampshire) has also performed well at the Kent
circuit previously with a race win in 2005 and a podium finish
earlier in the 2006 season, although this result was later
withdrawn following a racing incident enquiry. Aiming for
a top three finish this weekend Rob said: "Brands Hatch
is one of the more local circuits for me and one at which
I have raced the most miles. Therefore, I’m pretty excited
about returning to the circuit. I’d like to turn back
the clock to 2005 when I had a race win on the GP Circuit.
If I can repeat that performance on the Indy Circuit then
it would be a milestone for me and for bio-fuel."
Looking
to make history this weekend Team RAC principal Dick Bennetts
said: "At Knockhill we made the switch to bio-fuel and
we were really pleased with the pace of the car as it appears
to have little effect on the engine performance. It was bitterly
disappointing not to back this up with podium finishes but
we have another opportunity to make history at Brands Hatch.
I’m confident that we can makes amends and be back on
the podium which is where we belong."
The penultimate
rounds at Brands Hatch will be transmitted on ITV on Sunday
24th September starting at 15:00hrs. The programme will include
highlights from race one and two with race three being shown
live in its entirety. Satellite viewers can watch all three
races live on Motors TV commencing at 11:10hrs. Further information
on programme replays can be found at www.teamrac.com
top
To
boldly go … Virgin’s search for green fuel(17/09/06)By
Ros Davidson
You could say Will Whitehorn’s career has always had
an upward trajectory. He first flew small planes from Turnhouse
as a teenage air cadet. After graduating from Aberdeen University,
one of his early jobs was as a helicopter crewman in the North
Sea.
Now Whitehorn,
46, is heading up Virgin Galactic, Richard Branson’s
attempt to get into space tourism. And as soon as December
2007, he could be on one of the first suborbital test flights,
rocketing 70 miles above the Earth from the Mojave Desert
in California.
It is
a highflyers’ club, at least initially. Virgin’s
first five space ships are being built by the company of Paul
Allen, formerly No 2 at Microsoft, and aviation visionary
Bert Rutan, whose private SpaceShipOne clinched the $10 million
Ansari X-Prize in 2004.
Those
signed up for the first commercial flights, starting in 2009,
include actress Victoria Principal and Hollywood’s Bryan
Singer, director of the latest Superman film . But Virgin’s
goal is more than tourism. Spacecraft are vital for transporting
payload, such as satellites. The
logistical help of GPS, he says, enables 15% more goods to
be shipped internationally. “There will be another two
billion people by the time I retire,” says Whitehorn,
who started as a graduate trainee at Thomas Cook Group and
was market intelligence officer for the TSB Group flotation
before jumping ship to public relations then to Virgin, where
he is brand development director. And those spacecraft must
also be as environmentally benign as possible. Which brings
us to Virgin Group’s largest project, green fuels, which
Whitehorn has nursed for some time. The group, through its
new Virgin Fuels, is investing $400m in biofuels in the US
and Europe. And by 2010, the group will have invested about
$1 billion in green power, possibly including wind power,
solar or even small nuclear, as part of what the group knows
internally as the Gaia Capitalism Project. Since 1999, all
companies within Virgin have operated on the ass umption energy
prices will rise dramatically, regardless of the actual price
of oil.
Over
the next fortnight Virgin will start testing its diesel trains,
some of which run from Birmingham to Dundee and Aberdeen,
with a 50:50 mix of biodiesel, or fuel distilled from plants.
Virgin’s electric trains already pump 17% of their electricity
back into the grid, using a “regenerative” braking
system .
Last weekend Virgin announced it had injected $60m into Cilion,
a Californian ethanol company co-owned by Vinod Khosla, who
co-founded Sun Microsystems and who is now described by both
Fortune and Forbes as America’s hottest venture capitalist.
Khosla is also famous, in the Golden State, for bankrolling
a referendum that would tax California’s oil producers
and use the proceeds for alternative energy.
Another equity investor in Cilion is Ron Burkle, the supermarket
billionaire who counts ex-president Bill Clinton as one of
his closest friends. Burkle has also backed the political
campaign of California governor Arnold Schwarzenegger.
Arnie,
of course, is also trying to terminate global warming, as
evidenced by his recent “climate summit” with
Tony Blair, an event attended by Richard Branson. Schwarzenegger
has ordered California to produce one-fifth of its own biofuels
by 2010; most is now imported 1500 miles from the Midwest.
Cilion’s first of seven ethanol factories, which will
make ethanol from maize, will start to be constructed within
weeks in the California Central Valley, near a railhead where
the grain is already shipped in for cattle feed. The waste
from the ethanol, made using a new process that is more energy
efficient, will be fed to cattle.
Whitehorn
says the ethanol will be competitive with oil – unless
it falls below $40 a barrel. Virgin hopes to soon sign a similar
deal for the east coast, to serve the population centres there.
The US offers tax credits for producing ethanol, a fuel that
has also attracted $40m in investment from Bill Gates.
In Britain, too, Virgin wants to distill biodiesel within
two years. For train biodiesel, that means in the Midlands
near major train depots. The second thrust of Virgin’s
biofuel interest is R&D.
top
D1
Oils to buy major site for biodiesel production, distribution
on Merseyside(14/09/06)
LONDON (AFX) - D1 Oils Plc said it is buying a major site
at Bromborough in North West England for 3 mln stg for conversion
to biodiesel production, storage and distribution.
D1 said
it expects initial capacity of 100,000 tonnes from conversion
of the 47-acre site to biodiesel production in 2007, at an
estimated capital cost that would be lower than full construction.
The group plans to increase refinery capacity by a further
100,000 tonnes in 2008.
Refining
operations are anticipated to commence in 2007 D1
expects total UK biodiesel production capacity to reach 420,000
tonnes by end-2008.
D1's intended
strategy is to invest up to 8 mln stg in the site during 2007
to convert the site to biodiesel production and provide working
capital. D1 is currently reviewing a number of potential funding
options for this planned investment.
Production
from the site should deliver a contribution to both group
revenues and earnings in 2007, D1 added. It
is intended that the first phase of operations at the new
site will create around 45 new jobs.
Chief
executive Elliott Mannis said: 'Refining is a major part of
D1's strategy alongside agronomy and trading, and this transaction
has the potential to make us the UK's largest biodiesel refiner
within two years.'
top
|