POET Cuts Costs to Gain Financial Stability
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POET's pilot Project Liberty hopes to produce 25 billion gallons of cellulosic ethanol per year when it goes online next year. CEO Jeff Broin says his company will meet that goal because the company has made some cost-saving measures, and now the cost to produce a gallon of cellulosic ethanol is $2.35, and expects to get down to $2.00 per gallon in the next year.
Published: 11/18/09 6:03pm
Running Time: 07:23
Related Keywords: Production & Supply (Other- Biomass, Hydro-Electric, Hydrogen, Geothermal), Other- Biomass, Hydro-Electric, Hydrogen, Geothermal, Clean Skies News, Tyler Suiters, Jeff Broin, cellulosic ethanol, cost per gallon, oil prices, POET, Project Liberty
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*This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License.
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