World Biofuels Report Ed 1, 2011
This new biofuels market research report looks at the global Biofuels industry now and the predictions for future growth and development. 2009 was a hard year for the biofuels industry with low oil prices and reduced demand for transport fuels. Biofuels investment was down by just over a third compared to the previous year. Plants were idle or operating at less than capacity. The biofuels industry in the EU, US, Malaysia and Indonesia were particularly feeling the effects; both the US and EU were struggling to compete with cheaper fuels from Latin America. The projects that did receive biofuels investments mainly used mixed feedstocks and thus could adapt to changing commodity prices and supply shortages. Projects using sugar cane or next generation feedstocks such as jatropha, cellulosics or algae received significant investments.
