IEA meeting highlights priority areas for biofuel development
The IEA has presented key findings from its new report, Biofuel Policy in Brazil, India and the United States – Insights for the Global Biofuel Alliance.
This was done at a special meeting of government ministers who convened at the G20 Energy Transitions Ministerial Meeting, which identified Fuels for the Future as a priority area.
The event in Goa, India, was opened by India’s Minister for Petroleum and Natural Gas Hardeep Singh Puri.
More than a dozen energy ministers participated, with representation from Argentina, Bangladesh, Brazil, Canada, India, Italy, Kenya, Mauritius, Paraguay, Seychelles, the United Arab Emirates, Uganda and the United States. The heads of nine international organisations also took part in the event.
The meeting included discussions on India’s proposed Global Biofuel Alliance, which seeks to accelerate sustainable biofuels deployment in support of the global energy transition.
Participants acknowledged the critical role sustainable biofuels can play in reducing greenhouse gas emissions.
The IEA estimates that global sustainable biofuels production would need to triple by 2030 to put the world’s energy system on track towards net-zero emissions by 2050.
Liquid biofuels provided more than 4% of total transport energy supply in 2022, but their deployment is not accelerating fast enough.
Moreover, more than 80% of total biofuel production occurs in just a few countries, despite vast unlocked potential in many parts of the world. Deployment is constrained by challenges such as the availability of the feedstock used to make biofuels, the lack of consensus on sustainability criteria, and the pace at which related technology has been commercialised.
The new IEA report is aimed at guiding the Alliance's efforts to expand biofuel adoption.
It suggests that countries can expand sustainable biofuel production and usage by designing long-term strategies, fostering investment, supporting innovation, securing affordable supplies, addressing sustainability concerns promptly, and encouraging international collaboration.
The report outlines three priority areas for the Global Biofuel Alliance to facilitate sustainable deployment in support of the global energy transition:
1. Identifying and helping develop markets with high potential for sustainable biofuels production.
2. Accelerating technology deployment.
3. Seeking consensus on performance-based sustainability assessments and frameworks.
The #Trump administration ordered #US #refiners to blend a record amount of biofuels into #petrol and diesel this year and next, in a move designed to support farmers.
https://biofuels-news.com/news/white-house-biofuel-push-sparks-row-with-oil-refiners/
#biofuels #USA #policy #farming #RINs #mandates #feedstock
Scottish green chemical producer @Celtic_Renewables has renewed its #partnership with the independent ultra-premium whisky distillery #Rosebank, part of Ian Macleod Distillers, for another three years.
https://biofuels-news.com/news/celtic-renewables-extends-circular-partnership-with-rosebank-distillery/
#biofuels #bioethanol #feedstock #success
UK-based biofuel producer @syntechbiofuel has confirmed that its ASB B100 fuel has been successfully tested for use in X-Series #excavators manufactured by @JCB.
https://biofuels-news.com/news/syntech-biofuel-validated-for-use-in-jcb-x-series-excavators/
#biofuel #biodiesel #HVO #equipment #success
We use cookies to enhance your browsing experience and enable essential functions on our website. Some cookies are categorised as "Necessary" are automatically stored on your browser as they are crucial for the basic operation of the site - they can no be adjusted using these tools. Additionally, we use third-party cookies to help us analyse your usage of the website. These cookies are stored in your browser only with your prior consent. You have the option to enable or disable some or all of these cookies.
Statistical or analytical cookies are used to gain insights into how visitors interact with the website. These cookies collect data on metrics like visitor count, bounce rate, traffic sources, and more, helping us understand and improve site performance.
Advertisement cookies deliver personalised ads based on the pages you previously visited and help analyse the effectiveness of ad campaigns.