27% Of Transport Fuels Could Be Provided By Biofuels By 2050
May 27, 2011 at 11:59 am By Susie Middleton | Posted in Green Vehicles
A recent report by the International Energy Agency has revealed that biofuels produced from biomass could provide up to 27% of global transport fuels by 2050.
Cost of programme to exceed $13trillion
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Currently, the amount of biofuel that we produce is equivalent to around 55 millions tonnes of oil (Mtoe). This new study, Biofuels for Transport, suggests that this could be increased to 750 (Mtoe) by 2050.
If this was to occur, it would reduce transport emissions for one fifth, which equates to 2.1gigatonnes of CO2.
"While vehicle efficiency will be the most important and most cost-efficient way to reduce transport-emissions, biofuels will still be needed to provide low-carbon fuel alternatives for planes, marine vessels and other heavy transport modes," says Bo Diczfalusy, director of sustainable energy policy and technology at IEA.
These reductions rely on using as little fossil fuels as possible whilst producing the biofuels; this includes cultivation, transport and conversion. Additionally, there are in-direct uses which must be noted, such as cutting down forests to make way for biofuel crops.
The IEA believe that the biofuels currently produced need to improve in performance in terms of greenhouse gas reductions, and in the next 10 years, 'advanced' technologies based on lignocellulosic biomass (wood and straw) must be deployed commercially to produce large amounts of biofuel. However, this investment could exceed $13 trillion.
"Further support for advanced biofuel research, development and demonstration is still needed to improve conversion efficiencies and reduce costs," says Diczfalusy. "Investments in commercial-scale production units will be a key to enable advanced biofuels to reach full market maturity."