The Philippines to accredit five biofuels facilities
The Philippines Department of Energy (DoE) will accredit five biofuels manufacturing facilities in 2009.
The DoE says the new plants will ensure adequate local supply biofuels and meet the mandated higher biofuels blend.
‘Alternative fuels are currently in various stages of development and uses as it will become more crucial to the country’s energy mix,’ the DoE says.
Energy Secretary Angelo Reyes comments that the National Biofuels Board (NBB) will continue to monitor the developments in the emerging biofuels industry.
The Biofuels Act of 2006 mandates a 2% coco methyl ester-diesel blend and a 5% ethanol and petrol blend starting February.
The DoE said that biodiesel demand stood at 81 million litres last year and is projected to grow to 168 million litres this year.
The DoE also projected that demand for ethanol is expected to grow to 269 million litres this year, which will be mostly sourced abroad.
The DoE says the new plants will ensure adequate local supply biofuels and meet the mandated higher biofuels blend.
‘Alternative fuels are currently in various stages of development and uses as it will become more crucial to the country’s energy mix,’ the DoE says.
Energy Secretary Angelo Reyes comments that the National Biofuels Board (NBB) will continue to monitor the developments in the emerging biofuels industry.
The Biofuels Act of 2006 mandates a 2% coco methyl ester-diesel blend and a 5% ethanol and petrol blend starting February.
The DoE said that biodiesel demand stood at 81 million litres last year and is projected to grow to 168 million litres this year.
The DoE also projected that demand for ethanol is expected to grow to 269 million litres this year, which will be mostly sourced abroad.
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