U.S. Poised to Dominate Global Biofuel Market by 2035

  • 📰 OilandEnergy
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 68%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

The U.S. biofuel industry is expected to see a significant production increase, driven by renewable diesel, sustainable aviation fuels SAFs, and continued ethanol use.

The biofuels industry in the US is booming, and a fresh surge in production is just around the corner thanks to increased demand for renewable diesel and sustainable aviation fuels SAFs in the coming years. Rystad Energy research predicts biofuel production in the US will increase by about 53% by the middle of next decade, jumping from 850,000 barrels of oil equivalent per day boepd in 2023 to about 1.3 million boepd in 2035.

The market's momentum has gathered in recent years, and its growth is assured through the end of this decade, but some uncertainty remains into the 2030s. Artem Abramov, Head of Clean Tech Research, Rystad Energy Learn more with Rystad Energy’s Energy Transition Solution. Advanced biofuels such as renewable diesel and SAFs are the key swing factors impacting the market's future.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 34. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Why do Nvidia’s chips dominate the AI market?The firm has three big advantages
Источник: TheEconomist - 🏆 6. / 92 Прочитайте больше »