Abstract
RNCOS' report "UK Biofuel Market" provides research and objective analysis of
UK biofuel Industry. This report helps clients to analyze the opportunities
and the factors critical to the success of biofuel industry in UK. Government
support, environmental objectives, EU obligations, diversity & security of
fuel remain the major market forces for UK biofuel industry.
UK Biofuel Industry
This section covers the performance of UK biofuel industry in transportation
and electricity generation. UK Biofuel industry is in its nascent stage. In
UK, biofuel is used for transportation as well as for electricity & heat
generation. Biofuel & waste accounts for more than 4/5th of total renewable
energy source for electricity generation. Due to lack of production capacity,
UK is currently dependent on imports to meet its domestic demand of bioethanol
for the transportation industry.
Key Findings
- Environmental (climate change) along with diversity & security of energy
supply remain the primary driving forces for UK Biofuel industry.
- Use of Biofuel and wastes for electricity generation has been doubled
between 2001 and 2005 in UK.
- Growing UK Biofuel industry has the potential to create new opportunities
for sustainable rural development in agricultural sector.
- Under RFTO (Renewable Transport Fuel Obligation) building new Biofuel
capacity to achieve desired Biofuel production targets is a major challenge
for UK Biofuel industry. If UK Biofuel industry remains unable to achieve
targets of RTFO, Biofuel imports will continue to rise due to which the
problem of security and diversity of fuel supply will remain unchanged.
Key Issues and Facts Analyzed
- Market forces driving the industry & the challenges faced by it.
- Major players existing in UK Biofuel industry.
- What are the existing opportunities in UK Biofuel industry?
- Performance of UK biofuel industry in transportation and for electricity
generation?
Key Players Analyzed
This section covers the key facts about the major players currently operating
in the UK Biofuel industry such as Greenergy International Limited, J. R. Rix
& Sons Limited, Biofuels Corporation PLC and BIP.
Research Methodology
Information Sources
Books, Newspapers, Trade Journals, and White papers, Industry portals,
Government Agencies, Trade associations, Monitoring Industry News and
developments, and access to more than 3000 paid databases are the sources of
information being referred to for gathering credible and reliable information
on this industry.
Analysis Method
Analysis methods applied include: Ratio Analysis, Historical Trend Analysis,
Linear Regression Analysis using software tools, Judgmental Forecasting and
Cause and Effect Analysis.
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