Report: Global ethanol capacity to reach 35 billion gallons by 2015

12/8/2011 | Mass High Tech (Boston)

The world's production capacity for ethanol is expected to rise to 35.1 billion gallons a year by 2015, making it the biggest-growing segment in the renewable-fuel market during that period, according to a report from Lux Research. After 2015, ethanol production will likely slow down as the market shifts to next-generation biofuels, said Andrew Soare, the report's lead author. "These fuels bypass the major logistical hurdles of first-gen alternative fuels, and investors, as well as governments, are realigning investment to grow capacity," Soare added.

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