Biofuel Industry in the United States 2018

Biofuels are liquid, solid, or gaseous fuels derived from renewable biological sources. Biomass can be burned directly for thermal energy or converted to other high-value energy sources including ethanol, biodiesel, methanol, hydrogen, or methane. Currently, ethanol from corn grain and biodiesel are the only biofuels produced in the United States on an industrial scale.

In 2017, the new US Renewable Fuels Standard came into effect as part of the revised Energy Bill, setting new and higher goals for the US biofuels industry. The revised bill calls for increasing the production of biofuels in the US to 36 billion gallons yearly by 2022. The focus will primarily be on ethanol and biodiesel, with advanced biofuels accounting for 21 billion gallons. 16 billion gallons is also expected to come from cellulosic biofuels. With this substantial push for biofuels, the landscape of the US biofuel industry is likely to witness great changes in the coming years.

US production of biodiesel in the month of January 2018 stood at 124 million gallons. The production of ethanol averaged 1.02 million barrels per day in the first six months of 2017. Looking at these figures, experts are questioning how realistic the new biofuel targets are. The biggest challenge facing the US biofuel industry at present is to expand the biofuel market beyond the farm states.

The Research brings an in-depth coverage for this industry in the United States in its latest research report – Biofuel Industry in the United States 2018. This 100+ page report looks at the basics of biofuels, the critical factors influencing demand and supply scenarios in the US, the regulatory policy initiatives in the US including a historical perspective on subsidies for ethanol and biodiesel, and the current and proposed production capacity of biofuels in the United States. We also take a look at the newly revised Renewable Fuels Standard and what it means for the biofuel industry.

The report helps assess the feasibility of production of biofuels and the potential of biofuels in the US. Strategies undertaken by the US industry to make biofuels viable enough to deploy them to the pump are discussed in great details in the report. We also analyze several of the leading biofuel industry players in this in-depth in the report

Read on to the table of contents for the wide range of contents focused on in This comprehensive coverage of the Biofuel Industry in the United States 2018.