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Biodiesel Future is Sustainable Feedstocks
GLOBAL - Global demand for biodiesel is expected to move to the Asian market over the next 10 years according to Will Thurmond, president of Emerging Markets Online and author of "Biodiesel 2020: A Global Market Survey".At the same time production is expected to move to the Southern Hemisphere.
Mr Thurmond, who will be a speaker at the Bioenergy World conference in Salvador, Brazil on 16 September told Biodiesel Magazine that because Europe, and increasingly Asia, have the largest number of consumers using diesel-powered vehicles, nations in those parts of the world will drive biodiesel's future.
He said that Europe will import more biodiesel and demand that biodiesel come from sustainable feedstocks, while Asia, particularly China, will want more fuel.
The Biodiesel Magazine reports says that nations with poor rural farm economies such as Brazil, India, and several countries in Africa and Indochina becoming increasingly aware of the potential to grow sustainable feedstocks that will supply this increased demand.
Mr Thurmond told Ryan C. Christiansen of Biodiesel Magazine that these southern hemisphere countries are looking at jatropha as a potential crop and China has set aside approximately 13 million hectares for to grow the plant.
Because traditional biodiesel feedstocks such as rapeseed oil, soybean oil, and palm oil have become more expensive, biodiesel facilities around the world are producing only a third of their capacity, Mr Thurmond said.
Producers are turning to alternative feedstocks, such as waste vegetable oil and animal fats that have traditionally been less costly.
He said that commercial-scale production of biodiesel using jatropha will begin between 2010 and 2015 and Latin America, Africa, and Asia, as well as Ukraine and Russia, will increase biodiesel exports.
He added that algae will also emerge as a commercial-scale biodiesel feedstock during this time.
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