In Delaware, a report by research firm Transparency Market Research stated that the global second-generation-biofuels market would reach a value of $ 314.5 billion by 2031, up from $ 30.2 billion in 2021. The report noted that the market is forecast to expand at a CAGR of 26.4% during the 2022 -2031 period. “Policies and […]
In Argentina, Infobae reported that the Ministry of Energy authorized an increase in biofuels prices of between 28.5% and 34.4%, which will result in greater pressure on the value of gasoline and diesel. The law obliges local oil companies to buy biofuels to blend with gasoline and diesel. According to the rules published by the […]
In the Netherlands, Offshore Energy reported that Japanese shipping company NYK plans to launch full-scale trials of the long-term use of biofuels in navigating its existing heavy oil-fired vessels starting in fiscal 2024. According to the report, NYK has already conducted several biofuel trials over the past couple of years. Specifically, the company’s data shows […]
In Argentina, Bichos de Campo reported that the national government sent to Congress a draft bill including changes in the biofuels sector. The new regulation seeks to eliminate state regulations in the purchase price of raw materials such as corn, soybeans, and cane to make the blend with fossil fuels. The report stated that […]
In North Dakota, Ethanol Producer Magazine reported that CoBank’s Knowledge Exchange released a report that predicts that both ethanol producers and soybean crushers will benefit from rising demand for biofuels in 2024. “The biofuel sector at large carries the momentum of historically large profit margins into the new year,” CoBank wrote in the report. With […]
In Washington, the Engine Technology Forum stated in a post that “The possibility for a new energy economy built on renewable electric power and new fuels like hydrogen holds equally great potential and uncertainty of success. There is an increasing, and shared, recognition that such a shift to a new energy economy will be uneven […]
In Brazil, publications on sugarcane have increased exponentially since 2006 worldwide, and Brazil has had more articles published on the topic than any other country in the period, according to a review in BioEnergy Research. The number of articles on the subject averaged about five per year between 1999 and 2006 but had reached 327 by 2021. Brazil […]
