Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Thursday, November 11, 2010

Global Biofuel Alliance formed

Biodiesel Magazine
November 2010
By Luke Geiver
Posted Nov. 5, 2010

The Global Biofuels Alliance has officially launched. The nonprofit organization will work to “give a voice to the producers, traders, feedstock providers, and equipment manufacturers of the emerging biofuel industry.” Made up of 10 founding members from various energy sectors including energy trading companies, start-up biodiesel companies and large biodiesel production facilities, the alliance has already set its sights on the hottest topic in the biodiesel industry. “The biodiesel tax credit is a key agenda,” said Wade Randlett, a founding board member of the alliance and cofounder of Enagra Holdings LLC, a holding company for renewable energy projects worldwide. “Although it’s a bit broader than that. I think having some form of longer term incentive for any kind of a renewable diesel, regardless of the feedstock, the source or the technology is important.”

For Randlett and the other members of the alliance, including Hero BX, a 45 MMgy plant from Pennsylvania, the understanding by those in Washington on the subject of biodiesel is very narrow; especially the potential role biodiesel could play in the nation’s future fuel supply. “We think there should be a much broader conversation about the new technologies that are coming online or are online right now,” Randlett said. “Whether it’s a traditional feedstock or a broader biomass-based feedstock, we need to have the conversation about the opportunity to displace imported crude petroleum oil.”

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