Growing demand for biofuels
In 2020 in Italy at the request of biodiesel and bioethanol will be 6 million tons. Germany and France forward in the search for production of biofuels from micro algae.
The demand for biodiesel and bioethanol in Italy will be 6 million tonnes in 2020, 12% of the estimated total requirement for the 27 EU countries. It is also expected that the degree of attractiveness of the domestic market will increase further if we look at reducing consumption of gasoline and diesel, respectively -5.9% and -0.6% in 2010.
Frost & Sullivan’s recent study analyzed the Next Generation Biofuels: Strategic Portfolio Management on the biofuel market in Europe. And it turns out that in Europe there will be a demand growth of 250% compared to 2010 reaching 40.8 million tonnes.
Some European countries, Germany and France in the lead, are already well on research on biofuels made from industrial greenhouse cultivation of microalgae to high fat content. This will not only lead to a reduction of oil imports from the United States amounted to about 17 % by 2015 – says Domenico Gimel, Energy & Environment Consultant at Frost & Sullivan – but it will be a response to the controversy raised by the production of biodiesel from agricultural products and the related land use and forest resources.
The possibilities offered by thermochemical conversion in the second-generation biofuels, and the use of photobioreactors for those in third.
In addition to challenges on technology and innovation for companies, for research and for governments, we must also consider the range of opportunities that will be fueled by the evolution in multi-sector biofuels throughout the transport sector (eg the market for hybrid vehicles), energy and environment, infrastructure and construction.
