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2016 overview and outlook for biofuels

October 2016

With falling fossil fuel prices, 2015 was marked by a general decline in the appeal of alternative fuels.
But although growth in worldwide volume of biofuel production and consumption is slowing, blending requirements continue to increase and investment, though declining, is still taking place.
To ensure the long-term sustainability of biofuel processes, a variety of conditions must be met, such as

  • an increase in fossil energy prices and/or CO2 taxation,
  • the use of policy levers including implementation of post-2020 objectives (incorporation levels, reduction of greenhouse gases, etc.) and fuel blending standards.

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