France looks to ethanol as solution for high fuel prices

January 30, 2019 |

In France, Reuters reports that public upset over rising fuel prices has also increased demand for crop-based biofuels. Consumption of E10 in 2018 rose to 43% market share versus 39% the year prior while sales of flex-fuel conversion kits have also risen, leading to 55% more E85 sales year-on-year. Even with the huge demand increase in 2018, E85 still only represents about 2% of the national fuel market. E85 is retailing at about half the price of E10, so with the flex-fuel kit costing around $1,100, drivers can expect to get a two-year return on investment based on average fuel use.

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