Biofuels and RED II: At What Cost?
A study on the cost projections of advanced biofuels in RED II
Pannonia Ethanol produces fuel ethanol and animal feed. The company is part of Ethanol Europe Renewables Limited and is located in Dunaföldvár, Tolna County, Hungary. The facility currently utilizes more than 1,000,000 tons of corn annually to produce 450 million litres of renewable ethanol, 325,000 tons of Dried Distillers Grains with Solubles (DDGS), a high protein animal feed, and 10,000 tons of corn oil, a great animal feed ingredient. Pannonia Ethanol produces as much animal feed as renewable ethanol.
Pannonia Ethanol, the leading renewable ethanol producer in Central and Eastern Europe, adds nearly EUR 500 million to Hungary’s GDP and supports 2000 jobs, mostly in rural areas.
Pannonia Ethanol is an integral part of agricultural communities in Hungary and provides an important market for corn crops. Locally grown renewable feedstock for low carbon fuel displaces imports of high carbon fossil feedstock for oil based fuels. Ethanol refineries are best located close to feedstock suppliers and create local markets for crop growers. Farmers are encouraged to develop sustainable intensification, leading to increased yields and investment in up-to-date farm technologies. Ethanol refineries also supply farmers with high quality protein animal feed that displaces imports of feed into Europe.
Biorefineries are one of the few industries with the potential to attract substantial capital investment and create industry led employment in rural environments, a new research report published presented at a conference hosted by EurActiv in Brussels today highlights. During 2016, the Hungarian Academy of Science conducted a landmark research project, the first of its kind, on the socio/economic impact of a fully operating biorefinery on a rural community in an EU member state. It shows that biorefineries can be a key instrument in reviving disadvantaged rural communities across the EU. Entitled ‘Sustainable Rural Renaissance: The Case of a Biorefinery’*, the research was conducted at the Pannonia Ethanol biorefinery at Dunafoldvar in Hungary. Keynote speaker at the conference was the Vice-President for Jobs, Growth, Investment and Competitiveness of the European Commission, Jyrki Katainen.
Pannonia Ethanol operates a biorefinery in Dunaföldvár, Tolna County, Hungary with feed grade corn as the biomass used in processing. Animal feed, bioethanol and corn oil are produced from this feedstock. Farms in the region supply over one million tons of corn to the plant each year. From this, the refinery produces 325,000 tons of animal feed, 450 million litres of bioethanol and 10,000 tons of corn oil. Local processing of the corn for export adds considerable monetary and nutritional value to the raw material.