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FPL Energy Signs Deal With Citrus Energy For First Of Its Kind Ethanol Plant
Juno Beach FL (SPX) Jul 23, 2007 FPL Energy, LLC, a subsidiary of FPL Group, has announced that it has signed a letter of intent with Citrus Energy, of Boca Raton, FL, to develop the first ever commercial scale citrus peel to ethanol plant. The cellulosic ethanol plant will be owned and operated by FPL Energy and is expected to produce four million gallons of ethanol per year. It will be located on the grounds of a local Florida citrus processor. "FPL Energy is delighted to be working with Citrus Energy on this exciting new project to produce a clean, affordable, and domestically-produced biofuel utilizing Florida's existing citrus industry infrastructure and bringing new jobs to rural communities," said Mike O'Sullivan, senior vice president of development for FPL Energy. "Citrus Energy's mission is to develop fuel ethanol that minimizes environmental impact and cost by using citrus waste and other biomass. FPL Energy, as the largest renewable energy generator in the U.S., is the ideal partner," said David Stewart, president of Citrus Energy. FPL Energy said that ethanol from citrus peel could result in a new Florida industry producing over 60 million gallons of fuel per year, which could replace about one percent of Florida's annual gasoline consumption. FPL Energy is a leading competitive energy supplier utilizing clean fuels such as natural gas, wind, solar, hydroelectric and nuclear to generate electricity. It is the nation's leader in wind energy with 49 wind facilities in operation in 15 states. It is a subsidiary of FPL Group, one of the nation's largest providers of electricity-related services with annual revenues of nearly $16 billion. FPL Group's principal subsidiary is Florida Power and Light Company, one of the nation's largest electric utilities, serving 4.4 million customer accounts in Florida. Community Email This Article Comment On This Article Related Links FPL Energy Powering The World in the 21st Century at Energy-Daily.com
The Price Of The Question Is Too High
Moscow (RIA Novosti) Jul 23, 2007Russia will not revise its agreements with British investment companies developing its oil and gas fields because of the sharpening of relations between the two countries, Natural Resources Minister Yury Trutnev said Tuesday. Trutnev was speaking at a meeting of the working group of the Advisory Council on Foreign Investments attended by representatives of foreign mining companies on July 17. |
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