European Commission Predicts Growing Demand for Renewable Ethanol
01.11.2023 By TankTerminals.com - NEWS

January 11, 2022 [biofuels international] – Demand for renewable ethanol in the EU will increase by 13% from now until 2030, according to a new report from the European Commission.

 

The EU Agricultural Outlook for Markets, Income and Environment 2022-2032, published by the Commission’s DG for Agriculture and Rural Development, forecasts that demand for renewable ethanol will increase to 7.7 billion litres per year in 2030 before levelling out and decreasing slightly to 7.4 billion litres per year in 2032.

According to ePURE, the outlook compiles both recent statistics and projections for the EU27 production, consumption, and trade of agricultural products.
For biofuels, the report notes that while petrol and diesel consumption are expected to decrease by 18% and 21% respectively in 2032 compared to the 2020-2022 average, increasing biofuel blending rates will hold up demand for biofuels during this period.

To achieve this, more EU countries could introduce E10 (with up to 10% renewable ethanol) as the standard petrol grade. Already 15 EU countries plus the UK have adopted the standard.

According to the Commission figures, corn will remain the main feedstock used in the EU for ethanol production by 2032, followed by wheat and sugar beet, while the share of waste and residues in the feedstock mix will grow from 7% to 15% between 2022 and 2032.

The outlook also foresees a decrease in EU protein demand of 4.7%, but the demand for medium-protein feed, feed with an average protein content of 27% (such as ethanol co-product DDGS) will remain stable and even slightly increase.

The report also expects EU imports of ethanol to remain stable while exports will grow at 3.3% annually.

With petrol and hybrid cars continuing to make up an important part of the EU automobile fleet, it’s clear renewable ethanol has a vital role to play in transport decarbonisation – an immediate, cost-effective, sustainable and socially inclusive emissions reduction solution.

Pro Trial: Access 11,340 Tank Terminal and Production Facilities

11,340 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

ArcelorMittal Poland Plans to Build a Hydrogen Production Plant in Krakow
11.22.2024 - NEWS
November 22, 2024 [Gmk Center]- An investment of more than PLN 100 million will provide hydrogen ... Read More
Clean Hydrogen Works Awards McDermott FEED Contract for Ascension Clean Energy (ACE) Project
11.22.2024 - NEWS
November 22, 2024 [Mcdermott]- Clean Hydrogen Works (CHW) and McDermott announce that CHW has awa... Read More
MOL Group Signed Cooperation Agreement with KazMunayGas
11.22.2024 - NEWS
November 22, 2024 [World Pipelines]- MOL Group and Kazakhstani national oil company KazMunayGas (... Read More
Dialog's 1Q profit grows 14%, driven by midstream tank storage business and big opex drop
11.22.2024 - NEWS
November 22, 2024 [The Edge Malaysia]- Dialog Group Bhd’s net profit in the first quarter e... Read More