Eka - Optimize Decision-Making for Your Biofuels Business - Brochure

Unify critical workflows to make better decisions in the dynamic biofuels market. Biofuels refers to liquid fuels and blending components produced from biomass materials called feedstock’s. Most biofuels are used as transportation fuels, but they may also be used for heating and electricity generation. The global demand for biofuels is set to increase thanks to drivers such as government policies, overall transport fuel demand, costs and specific policy design. The factors influencing demand for biofuels are all subject to uncertainty. For example, some governments have responded to current high feedstock prices by relaxing or delaying biofuel blending mandates. Biofuels are seen as an alternative to fossil fuels, as they can reduce greenhouse gas emissions and contribute to energy security. However, the introduction of biofuels can also present risks for the management of raw materials.