Report: Biofuels ability to increase to 61 BGY in 2018

Plantations International Information International biofuels capability will increase to 61 billion gallons per year (BGY) in 2018, up from 55.1 BGY in 2014. Ethanol and also biodiesel will remain to dominate with 96 percent of the capability in 2018, but novel energies as well as unique feedstocks will be significant drivers of capacity development, according to Lux Research. Novel fuels as well as novel feedstocks will expand at a rapid 27 percent and 16 percent substance annual growth rate (CAGR), respectively, via 2018. Ethanol as well as biodiesel will expand at a slower 2 percent price however will certainly get to [...]