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Global biofuels production to exceed 2019 levels

Oil&Gas Materials 16 September 2021 16:48 (UTC +04:00)

BAKU, Azerbaijan, Sept.16

By Leman Zeynalova – Trend:

Global biofuel production is expected to increase from 2.804 million barrels per day in 2021, as compared to 2.584 mbpd in 2020, Trend reports with reference to the International Energy Agency (IEA).

As such the production volume will exceed the 2019 levels of 2.779 mbpd.

Biofuel output saw a significant growth in Q2 2021 with 2.908 mbpd, as compared to 2.140 mbpd in the first quarter.

IEA estimates that total biodiesel production will stand at 898 bpd in 2021, versus 810 bpd in 2020, while ethanol output will rise from 1.774 mbpd to 1.906 mbpd.

Most biofuels are currently consumed through blending at low percentages (typically less than 10 percent by volume or energy) with fossil fuels.

IEA believes that policy makers should consider how to encourage the use of flexible-fuel vehicles and drop-in biofuels to replace higher shares of gasoline or diesel with sustainable biofuels.

Flexible-fuel vehicles are adapted to high biofuel blend levels or unblended biofuel use. Drop-in biofuels can be used unblended or at high blend shares without modifications to engines, maintenance regimes or fuel supply infrastructure.

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Follow the author on Twitter: @Lyaman_Zeyn

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