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Second generation ethanol project comes to Czech Republic

2nd May, 2008

In the Czech Republic, Environment Minister Martin Bursik announced an $18 million (€11.6 million) second generation biofuel project in Lovosice, Bohemia.

The plant, to be opened by 2012, would be developed by state-oil company Cepro and would be financed by the government, sales of the heat by-product, and EU subsidies.

The plant would use environmentally-certified feedstock and meet the EU standard of a minimum 35% reduction in greenhouse gas emissions.

The Czech Republic is estimated to consume 675 million gallons of petrol a year.