What is the Renewable Fuels and there forms?
Renewable fuels are fuels
produced from renewable resources. Examples include: biofuels (e.g. Vegetable
oil used as fuel, ethanol, methanol from clean energy and carbon dioxide or
biomass, and biodiesel) and Hydrogen fuel (when produced with renewable
processes). This is in contrast to non-renewable fuels such as natural gas, LPG
(propane), petroleum and other fossil fuels and nuclear energy. Renewable fuels
can include fuels that are synthesized from renewable energy sources, such as
wind and solar. Renewable fuels have gained in popularity due to their
sustainability, low contributions to the carbon cycle, and in some cases lower
amounts of greenhouse gases. The geo-political ramifications of these fuels are
also of interest, particularly to industrialized economies which desire
independence from Middle Eastern oil.
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Renewable fuels are fuels that are produced from
renewable resources. Renewable fuels include fuels that are synthesized from
renewable energy sources, such as solar and wind. Renewable fuels have gained
popularity due to their low contributions to the carbon cycle, sustainability,
and in some cases, lower amounts of greenhouse gases. Renewable fuels are bound
to replace fossil fuels, gradually.
Some of the Key Players
Archer Daniels Midland, Cargill, Darling Ingredients, Delta Fuel Company, ECO Erneuerbare Energien, Honeywell International Inc, Louis Dreyfus Commodities, Neste, Pacific Biodiesel, Renewable Energy Group
The International Energy Agency's
World Energy Outlook 2006 concludes that rising oil demand, if left unchecked,
would accentuate the consuming countries' vulnerability to a severe supply
disruption and resulting price shock. Renewable biofuels for transport
represent a key source of diversification from petroleum products. Biofuels
from grain and beet in temperate regions have a part to play, but they are
relatively expensive and their energy efficiency and CO2 savings benefits, are
variable. Biofuels from sugar cane and other highly productive tropical crops
are much more competitive and beneficial. But all first generation biofuels
ultimately compete with food production for land, water, and other resources.
Greater efforts are required to develop and commercialize second generation
biofuel technologies, such as biorefineries and ligno-cellulosics, enabling the
flexible production of biofuels and other products from non-edible plant
materials.
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