FPL Energy finds partner for citrus-peel-to-ethanol plant

FPL Energy, a leading renewable energy provider, recently signed a letter of intent with Citrus Energy LLC, a citrus-peel-to-ethanol technology developer, to build the first commercial-scale citrus-peel-to-ethanol plant in Florida. The new facility will be collocated with a citrus processor and will likely be in production in early 2009, according to David Stewart, president of Citrus Energy. In addition, the feedstock is available nearly eight months each year. "It's a good business model," Stewart said.