Wednesday, December 8, 2010

Biofuels Get Test at Danish Pumps


Biofuels Get Test at Danish Pumps

By JENS HANSEGARDDanish companies see a big business potential in helping to curb the world's reliance on petrochemicals.

Danisco AS and Novozymes AS, which together cover 70% of the world market for enzymes that go into making second-generation ethanol, are collaborating with ethanol producer Inbicon AS in manufacturing a biofuel that is being sold across Denmark.

The new fuel blend, which costs about ten U.S. cents more a gallon than regular gas, has been sold since late October by about 100 Statoil gas stations. "The extra cost is a bit more than normal, but not much. "It's about the price of one Coke for a full tank," says Danish motorist Carl, 44, who declined to give his full name.

The new fuel is a blend of gasoline and second-generation ethanol. If the experiment succeeds, it could become part of a business worth billions of dollars, say energy analysts.

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Biofuels are a wide range of fuels which are in some way derived from biomass.

Your idea?