Renewable Energy Report: December 2017 Report

U.S. ethanol production was at 1.108 million barrels per day for the week ending December 1, 2017, according to the most recent Weekly Ethanol Plant Production report from the Energy Information Administration (EIA). Figure 1 illustrates weekly production of fuel ethanol (thousand barrels per day) and weekly ending stocks of fuel ethanol (thousand barrels) from January 1, 2016 to December 1, 2017. The ending stocks of fuel ethanol were at 22.544 million barrels for the week ending December 1, 2017.

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Data from the U.S. Department of Energy indicates by the end of December 2016, U.S. wind electricity capacity was equal to 82.17 gigawatts (GW), compared with 74.47 GW during the same period a year earlier. By June 30, 2017, wind capacity was equal to 84.95 GW. Cumulative wind power grew 10.3 percent between 2015 and 2016. Overall, from 2007 to 2016 wind power capacity increased 386 percent. 

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The U.S. ethanol production has increased rapidly over the last few years, and there now are more than 100 firms producing or capable of producing ethanol. View the 2017 annual report compiled by the Federal Trade Commission on concentration in the ethanol production industry.