• "...the bulk of new biofuel production needs to come from advanced biofuels (algae, cellulosic)."

    The International Energy Association
    April 2011
  • "The Saudi assistant petroleum minister had expressed concern that Saudis could be "greened out" of the U.S. fuel market by biofuels like ethanol."

    James Smith
    U.S. Ambassador to Saudi Arabia, 2010.
  • "...this legislation would also ensure progress made to commercialize advanced ethanol technologies utilizing new feedstocks... is accelerated."

    The American Coalition for Ethanol, Growth Energy, the National Corn Growers Association, and the Renewable Fuels Association
    May 2011
  • "...what would happen to US gasoline prices if ethanol production came to an immediate halt. Under a very wide range of parameters, the estimated gasoline price increase would be of historic proportions, ranging from 41% to 92%."

    Center for Agricultural and Rural Development Iowa State University
    April 2011
  • "Another substitute for oil that holds tremendous promise is renewable biofuels...made from things like switchgrass, wood chips, and biomass."

    President Obama
    March 2011
  • "I'm a big supporter of biofuels. But one of the things that's become clear is, is that we need to accelerate our basic research in ethanol and other biofuels that are made from things like woodchips..."

    President Obama
    July 2011

Market Overview

Ethanol is the most widely used biofuel in North America, with a current market of approximately $25-30 billion per year, with significant growth expected as a result of increasing ethanol blending requirements in both Canada and the United States.

Demand for ethanol as a fuel additive is expanding rapidly in North America and around the world in response to record oil prices and diminishing reserves, concerns over climate change issues, as well as government policies to support renewable fuels and greenhouse gas reduction commitments.

Currently, over 97% of the world's ethanol is produced from the fermentation of simple sugars derived from a variety of renewable vegetation sources, a method that has not been significantly altered for decades. In North America, corn is the primary feedstock. Other sources of feedstock for ethanol production in North America using traditional fermentation processes include grains (wheat, sorghum, rye, and barley), potatoes, and molasses. Utilizing renewable biomass, Woodland's technology disconnects the production of ethanol from the use of food materials.