2. Agenda 1 Introduction and status of EU biofuels market 3 2 Identifying biofuels opportunities 14
3. Agenda 1 Introduction and status of EU biofuels market 3 2 Identifying biofuels opportunities 14
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5. The EU incentives have been met with an enthusiastic response in biodiesel … Source: EBB, Europa, CCC EU 25 totals (Million Tonnes) Capacity 2005: 5.1 U/C 2.6 Planned: 7.9 Announced: 2.4 Total: 18.0 2010 demand (MS targets) 11.2 2010 demand (5.75%) 10.5
6. … and, to a lesser extent, in bioethanol Source: EBB, Europa, CCC EU 25 totals (Million Tonnes) Capacity 2005: 1.5 U/C 1.9 Planned: 2.8 Announced: 3.3 Total: 9.6 2010 demand (MS targets) 7.3 2010 demand (5.75%) 10.7
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10. Feedstock has long been flagged as an issue for biodiesel 33% 34% 71% 79% 121% 2010 volume implied by 5.75% target 2005 EU25 biodiesel production 1 1 Source: Frost & Sullivan Sources for chart: UKRA, US Department of Agriculture, CCC estimates Vegetable oil and animal fat production, 2004/5 EU25 target % of world market
12. Although ethanol does not face the same availability problems, current pricing is challenging Source: Reuters Source:
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14. Agenda 1 Introduction and status of EU biofuels market 3 2 Identifying biofuels opportunities 14
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17. “ Good” project schematic Refinery/ distribution Port Crop-growing hinterland Integrated industrial site to share services and use co-products Project
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21. Size matters – but who wins? Feedstock supply Crushing Biodiesel refining Bioethanol production Distribution and blending Marketing Participants The biofuels value chain Agriculture majors Independents Oil majors Chemicals majors Fuel traders/ distributors Supermarkets ?
