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Biomass to Biofuels Market Potential 2008
Energy Business Reports, May 2007
As the world scrambles to meet its increasing energy demands the search for renewable energy sources is more and more desperate.
Our cars, trucks, planes, trains and economy will screech to a HALT without a sufficient supply of transportation fuels. And it will only get worse. Energy experts predict a 25% increase in U.S. petroleum consumption and a 35% increase in worldwide petroleum demand by 2025.
Where does all that fuel come from?
We know from experience that unexpected events around the world, such as hurricanes in the Gulf Coast to turmoil in the Middle East;,disrupt oil supplies and hike up the prices of crude oil and commercial fuels. A reliable domestic fuel source is more important than ever before.
And the answer to that need has the potential for vast profits!
Biofuels are poised to meet the worlds increased energy demands
Biofuels are prepared to make ample fuel supplies at a time when output from existing oil fields are currently declining and new fields are not yet ready for production. Biofuels can help fill the gap between limited fuel supplies and increasing worldwide demand—a gap that is growing in the coming years.
Biofuels are renewable fuels that are predominantly produced from domestically produced biomass feed stocks or as a by product from the industrial processing of agricultural or food products. Biofuels can also come from the recovery and reprocessing of biomass products such as cooking and vegetable oil.
Biofuels can also be used in conventional healing equipment or diesel engine with no major modification. Biofuel is simple to use, biodegradable, non-toxic and essentially free of sulfur and aromatics. Ethanol and biodiesel are the most widely recognized biofuel sources for transport sector.
Biofuel contains no petroleum, but biofuels can be blended at any level with petroleum fuel to create a biofuel blend.
Biomass is a renewable energy resource derived from waste. Biomass comes from both human and natural activities and uses by-products from the timber industry, agricultural crops, raw material from forests, household wastes, and wood. Like wind, solar and other forms of renewable energy, biomass produces fewer emissions than its fossil fuel counterparts.
Biomass can be converted into various types of biofuels and used in numerous applications. Two types of ethanol are produced in the United States: fermentation ethanol and synthetic ethanol. In addition, biodiesel, bio-oil, and biofuel from synthetic gas are produced commercially.
And there’s plenty biomass to go around…
The DOE and the U.S. Department of Agriculture recently demonstrated how 1.3 billion tons of biomass could be produced exclusively for energy production in the United States each year with only modest changes in terrestrial crop practices.
With today’s best available biomass conversion technology, this quantity of biomass can replace about 30% of the petroleum our nation currently consumes. As conversion processes improve and we draw on a wider range of biomass resources, including aquatic forms of biomass, we should find that the poten¬tial for biofuels is even greater.
Make money fighting the “Hot Button Issue” of Global Warming…
The use of biofuel made from biomass can.
A principal advantage of biomass is its low greenhouse gas emission characteristic. Biomass does not spew carbon dioxide into the atmosphere as it absorbs an equal amount of carbon in growing as it releases when consumed as a fuel. Biomass contains less sulfur than coal, and consequently produces less SO2.
Biomass and Biofuel are already gaining popularity today…
Most cars on the road today in the U.S. can run on blends of up to 10% ethanol, and motor vehicle manufacturers already produce vehicles designed to run on much higher ethanol blends. Ford, DaimlerChrysler, and GM are among the automobile companies that sell “flexible-fuel” cars, trucks, and minivans that can use gasoline and ethanol blends ranging from pure gasoline up to 85% ethanol (E85).
By mid-2006, there were approximately six million E85-compatible vehicles on U.S. roads.
Oil Companies aren’t the only ones that can make Massive profits in energy markets…
The growing ethanol and biodiesel industries are providing jobs in plant construction, operations, and maintenance, mostly in rural communities.
According to the Renewable Fuels Association, the ethanol industry created almost 154,000 U.S. jobs in 2005 alone, boosting household income by $5.7 billion. It also contributed about $3.5 billion in tax revenues at the local, state, and federal levels.
Researchers at the Overseas Development Institute have argued that biofuels could help to reduce poverty in the developing world, through increased employment, wider economic growth multipliers and energy price effects.
Stimulate the economy with biofuel production from biomass.
Also learn…
Biomass Conversion Technologies
Economics of Developing Biofuels
Economic Analysis of Biofuel Programs
Agricultural Trade Liberalization
Biomass Market Country Overviews
Be in the know about…
Lifecycle Analysis of Greenhouse Gas Emissions
Other Economic Impacts of Biofuel Production
Impact on Engines and Other Vehicle Components
Impact on Emissions and Vehicle Performance
Environmental Impact of Biomass to Biofuels
Historical Background of Biomass and Biofuels
Barriers and Challenges Biomass and Biofuels face.
Now more than ever alternative fuels such as biofuels derived from biomass are in the spotlight as the solution to avoiding petroleum nightmares, and the companies investing in the biomass and biofuel solution will be collecting wild profits in the years and decades to come.
By now you realize the growing importance of Biomass and Biofuels, and the impact Biomass and Biofuel will have in the near future, and the important role that biomass and biofuels already play today.
The best time to get in on a trend is before it takes off; don’t wait for the rest of the world to catch on to the Biomass and Biofuel trend…
Also available
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