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To: curious who wrote (82)12/29/1997 1:06:00 PM
From: Barry Groves  Read Replies (1) | Respond to of 213
 
A News Announcement about Ethanol Today

Monday December 29, 11:30 am Eastern Time

Company Press Release
SOURCE: Fuels for the Future
Increased Use of Ethanol Seen In Motor Fuel; Ford, Chrysler Production
to Feature E85 Models; Fuel Cell Technology, More Electric Autos Also On
Way

WASHINGTON, Dec. 29 /PRNewswire/ -- Between now and the year 2000,
consumers can expect to see dramatic changes in their choice of fuels
for automobiles -- such as increased use of ethanol, made from corn and
other sources -- and new auto energy from electricity powered by fuel
cells.

The U.S. Department of Energy recently predicted a sharp increase in
coming years in use of E85, a fuel made from 85 percent ethanol and only
15 percent conventional gasoline.

Both Ford Motor Co. and Chrysler Corp. [NYSE:C - news] have announced
plans for significant increased production of E85 ''flexible fuel''
vehicles. Ford will produce 250,000 vehicles capable of operating on E85
ethanol over the next four years, and Chrysler will make the E85 engine
standard in 200,000 minivans each year. All will be capable of operating
on the E85 blend or any combination of E85 and unleaded gasoline.

Ethanol also is being viewed as an energy choice to drive some versions
of fuel cells, considered as a possible automotive successor to the
internal combustion engine.

Fuel cell technology has also received big boosts recently with an
announcement by the Department of Energy that, working with the Arthur
D. Little Co., it has developed a new fuel cell system using a processor
that runs smoothly on gasoline and ethanol.

Fuel cells manufacture electricity by combining hydrogen and oxygen. The
cells would be used to power electric cars, but a fuel such as ethanol
would be necessary to convert to hydrogen and power the fuel cell
system.

''Ethanol is easily one of the most desirable hydrogen sources for fuel
cell vehicles,'' Jeffrey M. Bentley, vice president of Arthur D. Little
Co., said.

Ford recently announced it intends to invest $420 million to work with
German and Canadian companies to develop automotive engines that would
use fuel cells. Ford hopes to have its version of a fuel cell operating
commercially by the year 2004.

Electric automobiles are being produced, but their use has been limited
by the need to carry large batteries that require frequent recharging.
Advocates of fuel cell technology say their systems would eliminate
problems of producing on-board electricity.

SOURCE: Fuels for the Future