GROWTH COMING IN BIOFUELS

Biofuels for Transportation Markets; Ethanol, Biodiesel, Drop-In Biofuels, Biogas, and Biomass-Based Fuels for the Road Transportation Sector: Technology Assessments, Policy Issues, Supply Chain Analysis, and Global Demand Forecasts

1Q 2014 (Navigant Research)

“…The global biofuels industry is now on the verge of entering a new phase of development focused on advanced and drop-in biofuels…[B]iofuels derived from non-food feedstocks and biofuels that are drop-in-capable promise to significantly alter the petroleum industry landscape. Governments and industries are looking at ways to replace the whole barrel of oil by developing biofuels for all forms of transportation: road, aviation, and maritime…[But] biofuels are still challenged by issues such as feedstock access, supply chain infrastructure development, and achieving price parity with the well-established petroleum industry. Navigant Research forecasts that global biofuels consumption in the road transportation sector will grow from more than 32.4 billion gallons per year (BGPY) in 2013 to more than 51.1 BGPY in 2022…" click here for more

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