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- (-) Biofuels
- (-) July 2024
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Colombia’s ethanol consumption in 2024 is projected to increase to 728 million liters, mainly owing to the government’s restored 10 percent ethanol mandate (E10). Heightened ethanol demand is expected to be met through imports, primarily from the United States, despite the countervailing duty on U.S. fuel ethanol.
Thailand’s newly proposed National Energy Plan (NEP) lowered the on-road biofuel consumption target to reflect the lower mandated blend rate for biodiesel and set a target for Sustainable Aviation Fuel (SAF) from 2026.
In order to support the introduction of sustainable aviation fuel (SAF), the Ministry of Economy, Trade and Industry (METI) is going to hold expert committee meetings to discuss the framework of upcoming SAF regulations.
Japan held the first public meeting of the expert committee to update Japan’s biofuel target. Japan’s current on-road biofuel target expires in March 2023.
Total Brazilian ethanol production for 2022 is estimated at 31.66 billion liters, an increase of six percent relative to 2021 due to the expected increase in sugarcane production and the steady increase in corn ethanol production.
China’s biofuels policies continue to wane as a priority for the People’s Republic of China (PRC) and investment in the sector has declined. Post estimates China’s 2022 ethanol blend rate at 1.8 percent, down from 2021 and well below the peak blend...