2005 Year in Review for Renewable Fuels

The passage and subsequent presidential signature of the Energy Policy Act of 2005 this past August was a watershed moment for the renewable fuels industry, the impacts of which may not yet be fully appreciated, but will provide immeasurable benefits to the nation for generations.

Indeed, 2005 may very well be remembered as the year ethanol went from niche to nation. Not simply because of the RFS requirements, but because of the growing percentage of the marketplace ethanol maintains. Currently, 94 plants are processing more than 1.5 billion bushels of grain into 4.2 billion gallons of ethanol. An additional 30 plants are in various stages of construction, poised to add well over 1.5 billion gallons of capacity in the next 12-18 months. And still more announcements of plans to build ethanol plants fill newspapers across the country.

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