Biofuels - Thematic Intelligence

Biofuels are fuels that are produced from combustion or processing of biomass - a renewable energy source. These generate a lower carbon footprint across their lifecycle, when compared with fossil fuels. Moreover, their emission footprint can be significantly reduced further by capturing CO2 during their production. Hence, biofuels, such as ethanol, biodiesel, renewable diesel, and sustainable aviation fuel (SAF) are considered as alternatives to fossil fuels in decarbonizing various industries.

Renewable fuels that are produced using advanced biomass, such as wastes from agriculture, forestry, food processing, and non-edible crops, are rapidly gaining popularity among refiners globally. Besides tackling the concern of food security, these biofuels also address concerns over land availability, biodiversity loss, and price volatility due to crop failure. Nevertheless, there is further potential for technology development in processing of advanced biomass to boost renewable fuel production. The scaling up of renewable refinery capacities will help to lower the production costs in the long term, making them competitive enough to replace petroleum fuels.

Scope

• This report assesses the potential for biofuels, particularly renewable fuels, in addressing the concerns of industrial decarbonization
• It highlights the various industry, technology and regulatory trends influencing the biofuels theme.
• It evaluates the global active and upcoming renewable fuels capacity across standalone, co-processing as well as crude oil conversion refineries.
• It analyses the overall biofuels value chain and identifies major players across different elements of the value chain.
• The report also provides an overview of the competitive positions held by leading oil and gas players in renewable fuel production.

Reasons to Buy

• Know about biofuels, both conventional and advanced, and their potential role in the global energy transition
• Identify the key trends supporting the global adoption of biofuels.
• Review the capacity additions in renewable fuel plants across major geographies.
• Understand the biofuels value chain and identify the oil and gas leaders with this space.
• Identify and benchmark key oil and gas players in the biofuels theme.