Global Biofuels Growth to Double by 2015

PORTLAND, Ore. (Clean Edge) -- Despite a number of key issues such as land use and competition for feedstocks supplies for traditional food and feed uses, global use of biofuels is excepted to more than double from 2009 to 2015, according to a new global analysis released by Hart's Global Biofuels Center (GBC).

The United States is expected to lead expansion with an estimated growth of total biofuels use of more than 35%.

The report also estimates that Brazil will grow domestic supplies by 30% and more than double export volume, while Indonesia and Malaysia will more than double production of palm oil biodiesel. Germany is expected to remain the largest producer of biofuels in Europe.

GBC projects that major new contributors to the growth of global biofuels between 2009 and 2015 will include Indonesia, France, China, India, Thailand, Colombia, Malaysia, Philippines and Argentina. First generation ethanol, palm oil biodiesel and rapeseed biodiesel from Europe are predicted to continue to be the dominant biofuels produced.

Despite major public policy interest in next-generation biofuels, actual commercial growth in the production and use of these fuels between 2009 and 2015 is projected to remain behind expectations.

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Hart's recently released Global Biofuels Outlook to 2015 revealed that out of the approximately 170 next-generation biofuels projects around the world that are in some stage of development (operational, under construction or proposed), only 30% of those are actually expected to be operating during the study timeframe, and many of those are still in the pilot project stage.