In Mexico, Canada and India, projects and proposals are underway that will put bioenergy to use in new and innovative ways. Read about a few that made headlines this week in our news roundup!
This week’s news roundup features a new study reaffirming our need to rely on bioenergy to reduce carbon emissions globally, while another projects the advanced biofuel market to grow by nearly $45 billion in the next 5 years.
The first two articles in this series aimed to demystify two terms that we’re hearing a lot these days: Big data and advanced analytics. In this final article, my goal is to explain a term that is less commonly heard, but equally relevant to the biorefining sector: The Industrial Internet of Things (IIoT). Before getting to grips with IIoT, let’s cover the Internet of Things (IoT). Sometimes described as ‘machine to machine communication’, IoT is essentially about data transfer. It describes the ability of machines (things) to connect via the internet. This connection allows them to gather and exchange data in such a way that the machines themselves can make data-based decisions.
This week’s news roundup showcases some positive biofuel industry statistics, from a notable rise in U.S. ethanol exports to a seasonal ethanol market upswing. Plus, read about a study showing which energy industry segment is proving itself to be a good fit for veterans.