Research: Biofuels capability to grow to 61bln gallons a year in 2018
Plantations International News Worldwide biofuels capability will grow to 61 billion gallons each year (BGY) in 2018, up from 55.1 BGY in 2014, according to Lux Research study. Ethanol as well as biodiesel will certainly remain to dominate with 96 % of the ability in 2018, yet unique fuels and also unique feedstocks will certainly be major vehicle drivers of ability growth. Novel fuels and unique feedstocks will increase at a rapid 27 % and also 16 % compound annual growth price (CAGR), respectively, with 2018. Ethanol as well as biodiesel will certainly grow at a slower 2 % price but [...]