Photo from: http://www.aep.com/contact/
COLUMBUS, Ohio – American Electric Power (NYSE: AEP) is seeking quotes for the supply of biodiesel to one or more of its generating stations in Ohio.
AEP is seeking quotes for the truck delivery of biodiesel blended with red-dyed No. 2 fuel oil to its Picway, Muskingum River and Conesville plants in Ohio. AEP is evaluating the use of biofuels as a renewable fuel source for start up and flame stabilization as part of its compliance with alternative energy requirements in Ohio.
Quotes must be received by AEP no later than 5 p.m., Sept. 23. Proposals can be submitted by e-mail to biomassrfp@aep.com, by fax to (614) 583-1617 (Attn. Ashley Weaver), or by mail to Ashley Weaver, Manager, Alternative Fuels, Fuel, Emissions and Logistics, American Electric Power Service Corp., 155 W. Nationwide Blvd., Suite 500, Columbus, Ohio 43215. Complete details about the bid proposals are available at www.aepohio.com/b2b/rfp/fuelrfps.aspx or by calling Weaver at (614) 583-6918.
American Electric Power is one of the largest electric utilities in the United States, delivering electricity to more than 5 million customers in 11 states. AEP ranks among the nation’s largest generators of electricity, owning nearly 38,000 megawatts of generating capacity in the U.S. AEP also owns the nation’s largest electricity transmission system, a nearly 39,000-mile network that includes more 765 kilovolt extra-high voltage transmission lines than all other U.S. transmission systems combined. AEP’s transmission system directly or indirectly serves about 10 percent of the electricity demand in the Eastern Interconnection, the interconnected transmission system that covers 38 eastern and central U.S. states and eastern Canada, and approximately 11 percent of the electricity demand in ERCOT, the transmission system that covers much of Texas. AEP’s utility units operate as AEP Ohio, AEP Texas, Appalachian Power (in Virginia and West Virginia), AEP Appalachian Power (in Tennessee), Indiana Michigan Power, Kentucky Power, Public Service Company of Oklahoma, and Southwestern Electric Power Company (in Arkansas, Louisiana and east Texas). AEP’s headquarters are in Columbus, Ohio.
Image from: http://blog-br.com/vidaemcristo/68675/Biodiesel.html
SAO PAULO(MarketWatch) -- Brazilian state run energy company Petroleo Brasileiro (PBR, PETR4.BR), or Petrobras, said late Friday that it acquired a 50% stake in the local biodiesel company Bioleo Industrial e Comercial, for 15.5 million Brazilian reals ($8.8 million).
"Bioleo is an oil extraction plant located in Bahia state, with capacity to process 130,000 tons of grains of several types of oilseeds. The unit has installed capacity to store 30,000 tons of grain and tankage for 10 million liters of oil," said Petrobras.
"The control of the company will be shared among Petrobras and the other partners, who remain with a 50% stake in Bioleo. The agreement also provides for investments of BRL6 million for operational and HSE (Health, Safety, and Environment) improvements to be disbursed equally by the partners," it added.
Photo from: http://www.tristatebiodiesel.com/home.htm
Like many small businesses caught in the worst economic crisis since the Great Depression, Tri-State Biodiesel was struggling to find capital last year, in the middle of a credit crunch.
The Bronx company, which converts used cooking oil from restaurants around New York City into fuel that it then sells, was in dire need of an equipment upgrade.
“Banks weren't lending at all," said Brent Baker, founder and chief executive.
Baker said he went to three major commercial banks that had financed the company in the past. "Once the crisis hit, applications were suddenly more complicated and lengthy, and they all came back giving us all these euphemisms for 'no.'"
In the end, Baker got a $50,000, three-year loan at a reasonable rate from Boc Capital, a lender that received $750,000 in federal stimulus funds last year to help small businesses such as Tri-State Biodiesel.
"The loan increased our profitability and put us in a position where we could expand," Baker said, adding that his company hired 10 workers. "It shows how a relatively small amount of credit can be such a huge advantage, and we really did create jobs."
Just in case you were wondering how a biodiesel company can get by without the tax credit, this indicates that some biodiesel producers may be borrowing money to stay afloat. I hope our government can help by reinstating that tax credit, it is long overdue.
Photo from: http://foroenergias.blogspot.com/2010_03_01_archive.html
SAN NICOLAS, Argentina (Reuters) - An Argentine company opened on Friday the country's first factory to make biodiesel from algae, hoping to use pond scum as a replacement for soy in making biodiesel as part of a push for renewable energy. Argentina is the world's top exporter of soyoil, but using the edible oil to make fuel is controversial because it cuts into food supplies.
Oil extracted from algae is also seen as an attractive alternative to soyoil and other vegetable oils because it does not use land that could be used for food crops and can absorb carbon dioxide from power plants or factories. The oil-extraction process also produces a protein-rich paste, which is edible.
''We're not competing with the food supply but generating food, at a low cost and helping the environment because algae grow fast and trap carbon dioxide,'' said Jorge Kaloustian, president of Oilfox S.A., the company that owns the plant northeast of Buenos Aires.