Why Biofuels?
Shortage of conventional fuels such as oil & natural gas and environmental degradation caused by them are major global problems. Production and use of renewable energy resources are likely to help overcome these problems. Biofuels are majorly used as substitutes of petroleum-based fuels for transport, and they are considered as a part of important strategies to improve fuel security, mitigate climate change and support infrastructure development.

Covid-19 and the Biofuels Market
The emergence of the COVID-19 pandemic has caused unprecedented restrictions on travel, work and industry causing declined demand for biofuels. Manufacturing processes of several companies worldwide have been affected. However, some of them have commenced these processes by keeping in mind the stringent norms, such as social distancing and low workforce. Players throughout the value chain will need to re-evaluate their near-term strategies and long-term plans in response to these challenges.

Sustainable Aviation Fuel (SAF)
The Renewable Energy Directive (RED) established an overall policy framework for the production and promotion of energy from renewable sources in the EU. The RED requires all EU countries to ensure that at least 10% of their transport energy comes from renewable sources by 2020. Fuel suppliers need to ensure that at least 14% of energy used in the EU transport sector comes from renewable sources by 2030. SAF can contribute to the achievement of the RED targets in all Member States. Covid-19 pandemic has greatly affected the uptake of SAF globally. Nevertheless, the International Air Transport Association (IATA) has called on the International Energy Agency (IEA) to prioritise investment in sustainable aviation fuel (SAF) to help power aviation’s contribution to the post-COVID-19 recovery. 

Split into two half-day sessions, the virtual conference covers biofuels emerging trends and opportunities, latest advancements in conversion technology, feedstock supply demand outlook, and many more. 

Key Highlights
 

• Readying for Market Recovery in the Post Covid-19 Era
• Global and Asian Situation of Biodiesel, HVO, Cellulosic Ethanol, etc
• China’s UCO Market Updates: 2021 and Beyond
• Emerging Trends, Feedstock Supply and Conversion Technologies for Advanced Biofuels
• Palm Waste and Residue Framework in South East Asia and Sustainability Standards
• Sustainable Aviation Fuel & Marine Fuel: Updates on Regulations, Initiatives and End-User Perspectives

Sign up now with grace@cmtsp.com.sg