Experts meeting in a parallel forum at the 15th International Congress on Renewable Mobility will analyze biofuel trading worldwide, examining various perspectives on requirements, the current state of play and forecasts. The forum, to be held from 2.30 p.m. to 4.30 p.m on 23rd January 2018, the Congress' second day, will look beyond data on global trade flows to analyse feedstock availability, market development of novel biofuels and sustainability certification, which is vital for successful market penetration.
Action is crucially needed to bring about an energy turnaround in the transport sector, a topic that has moved higher up the political agenda again since Dieselgate, and with growing calls for rapid introduction of electromobility. In Germany, the Energy Balances Working Group has calculated final energy consumption of 728 TWh by the transport sector in 2016. Data from the Federal Environment Agency reveals that over 90 per cent of fuel deployed is derived from mineral oil.
Successfully implementing the energy turn-around in all EU Member States is enormously important with a view to attaining the ambitious 2030 climate protection goals. As a first step, in November 2017 the European Commission presented a package of measures to promote clean mobility, as well as publishing an information sheet Driving Clean Mobility. It indicates the Commission's forecast on how the European automotive market will develop: "More than 80 per cent of new vehicles will still have an internal combustion engine in 2030."
Along with numerous other thematic focuses at the Congress, the experts in the parallel forum will address "Trade in Biofuels" as a central element in technology-neutral competition to find viable means to decarbonise the transport sector.
Pharoah Le Feuvre (International Energy Agency IEA) considers global prospects for biofuel production against the backdrop of shifting political contexts. He turns a spotlight on the current keen interest in what are known as advanced biofuels and their introduction into world markets.
A number of market research institutes and price reporting agencies (PRA) analyse market conditions for biofuel feedstocks, along with the feedstock and energy business worldwide. Market analysts from PRIMA Markets, founded in 2014, and from media company Argus Media, established in 1970, address the status quo for global biofuels trading.
Christine Ancker (Argus Media Ltd.), Editor-in-chief, Argus Biofuels Unit, presents data on intercontinental trade flows and current trends in the biofuel business against the backdrop of regulatory changes and provisions.
Matthew Stone (PRIMA Markets) draws on in-house market research on benchmarks in renewable energy niche markets worldwide to address the most important factors influencing international trade in biofuels.
Concluding the forum, Peter Jürgens (REDcert GmbH) examines post-2020 sustainability certification, along with emerging changes and challenges of market access for sustainable biofuels in Europe.
German Bioenergy Association (BBE)
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