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While biofuel based on wood cellulose offers greater net energy than gasoline, canola biodiesel or corn ethanol, the cost to produce it exceeds the amount it could be expected to generate in sales, the study concluded. However, converting corn to ethanol means less corn for animals and us, and may yield no net energy gain. In addition to the net energy costs savings, each facility receives financial incentives from both the New York State Energy Research and Development Authority (NYSERDA), and the New York Independent System Operator (NYISO) for peak demand reduction. |
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