Tag: biofuels

Biofuels for Road Transport at $338 Billion in Annual Revenue by 2022

Biofuels for Road Transport at $338 Billion in Annual Revenue by 2022

| May 20, 2014

Over the next 8 years, biofuels, according to Navigant Research, are expected to become a larger part of the fuel mix for road transportation, accounting for 7.5 percent of liquid fuels consumed in the sector by 2022 and totaling approximately $338 billion in annual revenue. The current annual number is $166.5 billion. Navigant notes that […]

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Biofuels for Road Transport to Top 51 Billion Gallons by 2022

Biofuels for Road Transport to Top 51 Billion Gallons by 2022

| February 10, 2014

The global biofuels industry is now on the verge of entering a new phase of development focused on advanced and drop-in biofuels and according to one company, Navigant Research, total biofuels for road transportation will top 51 billion gallons by 2022. C This is up from the current level of 32.4 billion gallons in 2013. […]

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