Canadian biofuel production will rise 76% in two years
Canadian biofuel production is expected to rise 76% in two years, as government subsidies for production plants and renewable-fuel requirements take effect.
Total biofuel production will reach 2.5 billion litres (660 million gallons) annually by 2011, including 2 billion litres of ethanol and 500 million litres of biodiesel, according to Gordon Quaiattini, president of the Canadian Renewable Fuels Association.
‘We're certainly on track to build that production capacity, no question,’ Quaiattini explains.
Quaiattini will be speaking at the upcoming Biofuels International Canada expo & conference in Montreal on 28-29th October to give delegates further details on this.
The two day conference and exhibition is designed to coincide with Canada's biofuel mandate which takes effect in 2010.
Canada will require 5% renewable-fuel content in petroleum by 2010 and 2% renewable content in diesel and heating oil by 2011. The provinces of Manitoba, Alberta and British Columbia have all drafted biofuel mandates to take effect between November and early next year, which will considerably increase the demand for biofuels in the country.
Canada currently produces 1.3 billion litres of ethanol annually and 120 million litres of biodiesel. In the last few weeks the federal government has given operating subsidies of C$70 million (€ 45 million) annually to Husky Energy's Lloydminster, Saskatchewan, ethanol plant and C$5.4 million to Methes Energiess biodiesel plant in Mississauga, Ontario.
The funding is for seven years, with the exact amount calculated on a per-litre basis, and designed to pay more in a weak market than when conditions are favourable.
Ottawa has now awarded funding to 23 biofuel plants under its programme, distributing C$1.5 billion over nine years from 2008. Other recipients include Suncor Energy and Rothsay Biodiesel, owned by Maple Leaf Foods.
The government considers biofuel attractive because it reduces greenhouse gas emissions. Canadian plants make ethanol, for use in petroleum, from corn and wheat, and biodiesel from animal fat, soyabeans and canola.
Biofuels International Canada expo & conference is uniquely combined with Tank Storage Canada expo & conference, and brings together all members of the supply chain, from oil majors to storage operators, to traders, biofuels producers and distributors.
Other key speakers in the biofuels stream include: Ken Field, Chairman of GreenField Ethanol; Rick White, General Manager, Canadian Canola Growers Association; Alan Gelder, vice president, EMEA downstream consulting, Wood Mackenzie; Jeff Passmore, Executive Vice President, Iogen Corporation; Vincent Chornet, President and Chief Executive Officer, Enerkem; Jordan Solomon, President, Ecostrat; Duane Chung, President and CEO, Centurion Biofuels; Dan Bulzan, NASA Glenn Research Centre; Dan Johns, National Lead – Construction, Contracting and Renewable Energy Head Office, Royal & Sun Alliance Insurance Company of Canada and many more!
Topics include Securing project finance and investment, Keeping ahead in the economic downturn, Commercial outlook for Canada and the US, Impacts of the Renewable Fuels Standard on Canadian markets, Federal regulations governing storage tank systems in Canada Considerations when storing and handling biofuels, Cellulosic ethanol commercialisation and the impact of government policy – and many more!
Montreal is an integrated petrochemical complex that offers refineries, tanker terminals for ocean shipments and close access to the large eastern and central US and Canadian markets.
It is also one of the most direct and profitable routes between North American industry and the Mediterranean markets, and as such as is the perfect location for this specialised event.
If you haven’t already registered, do so now at www.biofuelsinternationalexpo.com/canada
Register 3 delegates or more and save 25%!
Total biofuel production will reach 2.5 billion litres (660 million gallons) annually by 2011, including 2 billion litres of ethanol and 500 million litres of biodiesel, according to Gordon Quaiattini, president of the Canadian Renewable Fuels Association.
‘We're certainly on track to build that production capacity, no question,’ Quaiattini explains.
Quaiattini will be speaking at the upcoming Biofuels International Canada expo & conference in Montreal on 28-29th October to give delegates further details on this.
The two day conference and exhibition is designed to coincide with Canada's biofuel mandate which takes effect in 2010.
Canada will require 5% renewable-fuel content in petroleum by 2010 and 2% renewable content in diesel and heating oil by 2011. The provinces of Manitoba, Alberta and British Columbia have all drafted biofuel mandates to take effect between November and early next year, which will considerably increase the demand for biofuels in the country.
Canada currently produces 1.3 billion litres of ethanol annually and 120 million litres of biodiesel. In the last few weeks the federal government has given operating subsidies of C$70 million (€ 45 million) annually to Husky Energy's Lloydminster, Saskatchewan, ethanol plant and C$5.4 million to Methes Energiess biodiesel plant in Mississauga, Ontario.
The funding is for seven years, with the exact amount calculated on a per-litre basis, and designed to pay more in a weak market than when conditions are favourable.
Ottawa has now awarded funding to 23 biofuel plants under its programme, distributing C$1.5 billion over nine years from 2008. Other recipients include Suncor Energy and Rothsay Biodiesel, owned by Maple Leaf Foods.
The government considers biofuel attractive because it reduces greenhouse gas emissions. Canadian plants make ethanol, for use in petroleum, from corn and wheat, and biodiesel from animal fat, soyabeans and canola.
Biofuels International Canada expo & conference is uniquely combined with Tank Storage Canada expo & conference, and brings together all members of the supply chain, from oil majors to storage operators, to traders, biofuels producers and distributors.
Other key speakers in the biofuels stream include: Ken Field, Chairman of GreenField Ethanol; Rick White, General Manager, Canadian Canola Growers Association; Alan Gelder, vice president, EMEA downstream consulting, Wood Mackenzie; Jeff Passmore, Executive Vice President, Iogen Corporation; Vincent Chornet, President and Chief Executive Officer, Enerkem; Jordan Solomon, President, Ecostrat; Duane Chung, President and CEO, Centurion Biofuels; Dan Bulzan, NASA Glenn Research Centre; Dan Johns, National Lead – Construction, Contracting and Renewable Energy Head Office, Royal & Sun Alliance Insurance Company of Canada and many more!
Topics include Securing project finance and investment, Keeping ahead in the economic downturn, Commercial outlook for Canada and the US, Impacts of the Renewable Fuels Standard on Canadian markets, Federal regulations governing storage tank systems in Canada Considerations when storing and handling biofuels, Cellulosic ethanol commercialisation and the impact of government policy – and many more!
Montreal is an integrated petrochemical complex that offers refineries, tanker terminals for ocean shipments and close access to the large eastern and central US and Canadian markets.
It is also one of the most direct and profitable routes between North American industry and the Mediterranean markets, and as such as is the perfect location for this specialised event.
If you haven’t already registered, do so now at www.biofuelsinternationalexpo.com/canada
Register 3 delegates or more and save 25%!
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