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Cellulose Ethanol Market Potential

The last few decades have seen rapid growth in the consumption of the fossil fuels such as oil, gas, and coal. Production, on the other hand, has not increased to match the rise in consumption, primarily due to limited availability of these resources. The situation has been exacerbated by political instability in the Middle East and the catastrophic hurricanes of 2005, which led to sharp rises in the prices of these resources, and, in some cases, acute scarcity. Industrialized nations that are dependent on other countries for oil have been severely impacted and as a result, the U.S. government, along with state governments and the energy industry, has ramped up its support for alternative energy sources.

Given its environmental and economic benefits, together with the vast availability of feedstock, ethanol has taken on prominence as one of the most favored alternatives to fossil fuel.

2005 was marked by a flurry of construction activity in the ethanol industry. Ground was broken on dozens of new plants throughout the US, and plans were drawn up for even more facilities. By the end of 2005, the annual capacity of the U.S. ethanol sector topped 4.4 billion gallons, and consumption reached 2.7 billion gallons. If this trend continues and policy incentives support ongoing growth, U.S. ethanol production could reach 7.5 billion gallons in 2012. However, there are some technological and economic obstacles to the full commercialization of ethanol production, and it is imperative to resolve these issues so that the U.S. can fulfill its vision of energy security.

The Market for Cellulose Ethanol report is an in-depth analysis of the prospects for the use of cellulose ethanol as a fuel. The report includes a comprehensive analysis of how cellulose ethanol is produced, its cost-effectiveness, the growth drivers promoting the use of ethanol over other fuels, the barriers to market, and much more. The report also focuses on the steps the U.S. government is taking to promote ethanol use, including tax incentives, funding for research and development, funding for technology, and other measures. The report also covers the basics of ethanol production; how ethanol differs from other fuels, and the benefits to consumers from using ethanol.

The Market for Cellulose Ethanol report is an analysis of this promising young industry and the market potential of ethanol as an alternative fuel source.

Renewable & Alternative Energy Resources: http://www.alternativeenergybase.com

About the Publisher: This report is published by Energy Business Reports (www.EnergyBusinessReports.com), an energy industry think tank and leading source for energy industry information and research products. Energy Business Reports publishes and markets leading-edge industry reports in all sectors of the energy markets. To read more about this topic, see “Cellulose Ethanol Market Potential” (www.energybusinessreports.com/shop/item.asp?itemid=1007)

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