Submitted to: Meeting Abstract
Publication Type: Proceedings
Publication Acceptance Date: 5/26/2007
Publication Date: 5/26/2007
Citation: Mcaloon, A.J. Ethanol as an economic competitor to gasoline. 2007. Proceedings at the Fifth International Starch Technology Conference, June 3-6, Peoria, Illinois. Interpretive Summary:
Technical Abstract: Fuel ethanol is one of the technology success stories of the 21st century. In less then one third of a century it has gone from being a material produced rather inefficiently in small quantities to a major commercial product. This success can be attributed not only to the fact that ethanol is a renewable fuel and replaces imported oil, but also because it is capable of competing with petroleum-based products on a cost basis under the right economic conditions. Ethanol’s current competitiveness is a result of improvements in the technology of producing it and conditions in the economic environment in which it competes.