Fuel Ethanol at a Key Economic and Technological Junction in the USA

11 Pages Posted: 6 Jun 2016

See all articles by Homayoun Bagheri

Homayoun Bagheri

Repsol Technology Center

Enrique Espi

Repsol Technology Center

Maria Teresa Larre Cacho

Repsol Technology Center

Date Written: June 2, 2016

Abstract

Increased domestic crude production in the USA during the last five years, and the delayed success of second generation bio fuels within the renewables sector has changed the relative significance of ethanol as a domestic source of transportation fuel. Here, we trace how the Energy Policy Act of 2005, and the Energy Independence and Security Act of 2007 have led to an increase in the production of both crude and first generation ethanol in the last decade. We subsequently evaluate the current status of second generation bio fuels, and their prospects within the transportation energy landscape of the USA.

Keywords: cellulosic ethanol, renewable energy, tight oil, EPACT, EISA, energy security

JEL Classification: Q42, Q48

Suggested Citation

Bagheri, Homayoun and Espi, Enrique and Larre Cacho, Maria Teresa, Fuel Ethanol at a Key Economic and Technological Junction in the USA (June 2, 2016). Available at SSRN: https://ssrn.com/abstract=2789612 or http://dx.doi.org/10.2139/ssrn.2789612

Homayoun Bagheri (Contact Author)

Repsol Technology Center ( email )

Ctra. Extremadura A5, Km 18
Mostoles, Madrid 28935
Spain

Enrique Espi

Repsol Technology Center ( email )

Ctra. Extremadura A5, Km 18
Mostoles, Madrid 28935
Spain

Maria Teresa Larre Cacho

Repsol Technology Center ( email )

Ctra. Extremadura A5, Km 18
Mostoles, Madrid 28935
Spain

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