biofuels industry publication Biofuels Digest was hit with six press releases from the biofuels community in the space of two hours. The final version of the EIA’s energy outlook through 2040 won’t come out until the spring, but the 16-page preview was enough to set off an avalanche of biofuel industry outcry.The EIA’s Annual Energy Outlook 2013 projection is less optimistic about the ability of advanced biofuels to take a larger share of the liquid fuels market. For the 2013 forecast, biomass use is expected to reach 4.2 quadrillion British thermal units (Btu) in 2035, compared to 5.4 quadrillion Btu listed in the 2012 AEO report.Still, the longer-term trend is up. The 2013 report thinks that we will reach 4.9 quadrillion Btu in 2040, up from 2011’s prediction of 2.7 quadrillion Btu. But why did the forecast drop so far from the 2012 report to the new version? According to the EIA’s energy outlook, “The increases are much smaller than those in AEO2012, however, as a result of diminished FFV [flex fuel vehicle] penetration, a smaller motor gasoline pool for blending ethanol, and reduced production of cellulosic biofuels.”biofuel use is expected to be lower than initially anticipated, the AEO 2013… Read full this story
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