Construction begins on new ethanol plant
LAMAR, Colorado ” Construction has begun on the state’s sixth ethanol plant as the nation seeks alternatives to surging oil prices that have topped $110 a barrel.
LiquidMaize, a Denver company that manages small-scale ethanol, broke ground Saturday on the plant north of this southeastern town, the Pueblo Chieftain reported.
“I truly believe that the way Prowers County thinks about renewable energy is not just the future of the state but so much the future of the country,” Gov. Bill Ritter said at the ceremony.
It will be LiquidMaize’s first ethanol plant in Colorado, and will cost $24 million.
“It’s going to change over the course of the next decade and several decades. We believe that what is happening here – whether you consider the wind energy (facilities) or now the build-out of the sixth ethanol plant in the state of Colorado, whatever way you look at it – this county is certainly taking very significant advantage of its resources,” Ritter said.
Ritter, who recently signed legislation that requires Colorado utilities to generate 20 percent of their energy through renewable sources by 2020, said ethanol is a transition fuel that can be used as other sources are developed.
“How we go forward is really going to depend on research and development, but this is a great transition fuel and a great way for us to think differently about powering motor vehicles than just petroleum-based fuel or some other nonrenewable resource,” Ritter said.
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