The fate of cellulosic ethanol industry will be decided by current and future market demand. Jeff Broin, the CEO of Poet predicted, "Within 20 years, US ethanol producers will churn out 135 billion gallons of ethanol a year, two-thirds of which will be cellulosic ethanol. That would make the domestic ethanol industry the nation's largest source of liquid transportation fuel." Today, the annual US gasoline market is 140 billion gallons. Therefore, there is a great market demand potential, which are attracting continued investment in and development of future ethanol technology with the government's policy and financial support.
However, many investors are wondering how long the technology can be commercialized and when the cellulosic ethanol industry will be profitable?
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