July 28, 2009

Global biofuels market to grow by 12.3% a year until 2017

The global biofuels market is set to grow by an average of 12.3% a year between 2007 and 2017, according to a report by industry research specialists RNCOS. Global ethanol and biodiesel production will grow at 6.04% and 5% a year respectively between 2008 and 2019. In the near future, the increase in biofuel production will largely be driven by ethanol from Brazil and the US, which pledged to nearly double ethanol production by 2012. The European Community recently announced that biofuel will meet 10% of its transportation fuel needs by 2020. As second-generation biofuels such as organic waste come online in the next few years, both the cost and the environmental footprint of biofuels will drop. The production of biofuels from waste has a negative carbon footprint relative to sending the waste to landfill, since the methane produced from the decay of organic matter is a more powerful greenhouse gas than carbon dioxide.




May 5, 2015
The Roundtable on Sustainable Biomaterials (RSB) has released a new draft standard which is an 'add-on certification module' to the RSB standard for biofuels and bio-products. Entitled 'Low iLUC Risk... [Read More]

May 1, 2015
In Indiana, US, Chad Ducey has pleaded guilty for his role in a multi-state scheme to defraud biodiesel buyers and US taxpayers by fraudulently selling biodiesel incentives. His two brothers, Chris and... [Read More]

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May 1, 2015
Agribusiness company Thompsons Limited has announced an agreement with IGPC Ethanol to partner for sourcing corn for IGPC's 50MM gal/yr. ethanol facility in Aylmer, Ontario effective 1 October 2015. IGPC... [Read More]

May 1, 2015
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April 29, 2015
Retrofitting at a biodiesel plant in Beatrice, Nebraska, US, is currently underway and on schedule, with production expected to begin later this year. The plant, originally built in 2007, was purchased... [Read More]

April 29, 2015
Renewable energy company Methes Energies International has received a second payment of C$200,000 (€150,000) from Drain Bros for the sale of a Denami 600 biodiesel processor and a PP-MEC pre-treatment... [Read More]

April 29, 2015
Agrisoma Biosciences, the agriculture technology company that commercialised Resonance Carinata – a non-food sustainable crop for renewable energy – has announced that a group led by its management... [Read More]

April 29, 2015
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April 29, 2015
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April 29, 2015
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April 29, 2015
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April 29, 2015
On 28 April the European Parliament voted to approve the cap on first generation biofuels made from food-based crops. Current legislation requires EU member states to ensure that renewable energy accounts... [Read More]

April 24, 2015
Audi's new pilot plan in Dresden, Germany has begun producing synthetic fuel, Audi e diesel. After a commissioning phase of four months, the research facility started producing its first batches of high... [Read More]

April 24, 2015
Pearson Fuels and G&M Oil Company plan to open 13 E85 fuel stations in southern California, US within the next year. The company made the announcement at the ribbon cutting of their latest ethanol... [Read More]

April 24, 2015
ZeaChem, a biorefining project developer and operator, has launched its Technology Institute & Processing Services in Boardman, Oregon. The company has been operating its 250,000 gallon per year demonstration... [Read More]

April 23, 2015
Aventine Renewable Energy, a producer, marketer and supplier of ethanol, has announced its first BNSF unit-train shipment of ethanol produced at its two ethanol facilities in Aurora, Nebraska. On 19 April... [Read More]