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GreenFinance: Switchgrass still a promising alternative fuel type

Although ethanol and biofuels are all the rage in the alternative fuel media right now, there are some that believe the cost to manufacture and refine such fuels would equal or even surpass fossil fuels that power almost every vehicle on the global roads today.

Is there a crop that is plentiful but that doesn't need mass-scale planting and can be refined into a fuel that could work its way into newer eco-concept vehicle engines. How about switchgrass?

Native to quite a few hundred thousand undeveloped acres on the plains of North America, switchgrass is being looked at by eco-engineers due to it growing so tall and already being so plentiful. Could switchgrass outdo corn for the fuel-plant of the future? A recent study indicated that the plant harbors five times more energy than it takes to grow it. Sounds promising, yes? It has for just over a few years now.

Check out Iberdrola Renovables to see what company has been pouring in huge money into ethanol alternatives like switchgrass-produced energy. Is it worth adding to your portfolio? You make that call.

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