Energy consumption within the transport sector has traditionally depended almost exclusively on imported fossil fuels, namely oil. The transport sector is crucial to the functioning of the entire economy, and is forecast by the EU Commission to grow more rapidly than any other sector up to 2020 and beyond. The International Energy Association (IEA) forecast global oil demand in 2011 to rise by 1.3 million barrels per day, with world energy demand to also increase by 65% by 2020. Europe has already achieved a 5.75% share of renewable energy within the transport sector by 2010, and the EU have committed a target pledge to having a 10% blend of biofuels for every EU member state at every petrol pump by 2020. The IEA have also projected that the demand for biodiesel will increase to 700 million tonnes of oil equivalent; equating to 26% of the total transport fuel demand.
Considering it's rapid growth and projected potential, the biofuel industry is still in it's relative early stages. There is currently a shortage of suitable sustainable biofuel sources due to the controversy over the impacts that food staple derived biofuels are having upon the security of global food networks, particularly within developing countries.
Ensuring that our part in delivering low carbon energy to help meet the world's growing energy demand is conducted in an economic, social and environmentally responsible way, Ecopush have developed strong links with respected and pioneering project developers throughout Asia, Africa and Australia. We have refined systems, policies and resources in place to help us monitor and assess any potential sustainability risks within our biofuel supply chain; we have access to vast hectarage within the most suitable climatic regions for optimal turnkey development; our project procurement is conducted through rigorous governmental, public and private liaison; from production to market delivery, our biofuel projects are developed and executed through a strong commercial understanding of the necessary distribution networks in order to satisfy the economies of scale; and we also have in place a series of secure and robust funding activities, enabling us to make a real contribution towards meeting the world's low carbon energy demands.
To find out more about how Ecopush can assist with your analytical needs within the biofuel sector, please call us on (0) 845 004 09 21, or download our FREE Green Market Report.