Advanced Biofuels Canada annual survey shows 5B liters of new production capacity by 2030
In Canada, Advanced Biofuels Canada (ABFC) conducts an annual member survey to capture project-based data on capital investments in advanced biofuels and synthetic fuel production capacity and supporting infrastructure for the decade ahead (2020-2030). Results from 18-member companies surveyed in late 2019 indicate Canada can increase production capacity by at least 5 billion liters per year by 2030.
Total Projects: 51
Aggregate Capital Investment: C$12.6 billion
Project Size:
• under C$50 million (16 projects)
• C$50 to 100 million (8 projects)
• over C$100 million (27 projects)
New Production Capacity: 5 billion liters/year
Feedstock Utilization
• Oleochemicals (fats/oils): 4 million tons/year
• Forest/crop residues & wastes: 4.5 million tons/year
Jobs (direct only): >3,000 operations / head office; >15,000 construction
Companies were re-surveyed in March 2020 to assess the impact of the COVID-19 crisis. While some operating plants have scaled back or closed (1 plant), project development plans remain active. Investment plans are being reevaluated to assess regulatory signals and financial feasibility. Survey data (partial) captured 11 projects, representing over $1.25 billion in capex, that remain in active development in AB (3), BC (3), ON (2), QC (2), and NS (1).
Category: Fuels