Bioliquids are the fuels made out from renewable sources such as cooking
oil, rape seed, wheat, and animal fats grown and harvested especially for
making fuel. Bioliquids are either available with 100% renewable content or
100% bioliquid can be mixed with mineral heating fuels including kerosene and
gas oil. This is generally known as bioliquid blends. There are standards which
are to be followed while making bioliquids. These standards include EN 14214
and bioliquids are to be produced under strict quality assurance systems in
order to achieve consistent quality and properties of the fuel. Moreover, Oil
& Renewable Heating Technologies (OFTEC) has also developed an industry
standard for the blending of 30% bioliquid with 70% kerosene entitled “prOPS
24-a bioliquid/Mineral fuel blend standard or B30K. OFTEC also took up a
project in partnership with Carbon Connections, University of East Anglia, ICOM
Energy Association and Clean Energy Consultancy.
The global Bioliquid Heat & Power Generation market is set to witness
high growth owing to increasing demand for energy and need to
reduce carbon emissions. Europe continues to be the world’s largest biodiesel
producer. According to European Biodiesel Board, the production capacity of
biodiesel in Europe was approximately 21,119 thousand tonnes. The major
bioenergy producing countries in Europe are Brazil, Finland, Denmark, Sweden,
and Austria.
Key Players
The key
players of the global Bioliquid Heat & Power Generation Market are
Encontech, Argent Energy, Munzer Bioindustrie, Betarenewables, Ensyn Fuels,
Bunge, Biox, MBP Group, REG Power Management, Neste, REG, Kraton, BTG, Olleco,
Archer Daniels Midland Company, and Cargill Inc., among others.
Browse Complete Research Report @ https://www.marketresearchfuture.com/reports/bioliquid-heat-power-generation-market-7363
Industry Segmentation
The Bioliquid Heat & Power
Generation Market has been segmented based on type into bioethanol and
biodiesel. Bioethanol segment is leading the market owing to its various
advantages over biodiesel. For instance, bioethanol contains 35% oxygen and
adding oxygen to fuel results in complete fuel combustion, thus reducing
harmful tailpipe emissions. Moreover, ethanol also displaces the use of toxic
gasoline component such as benzene. In the US, nearly all the gasoline is now
sold, contains 10% ethanol by volume. Considering the technical features of
bioethanol, bioethanol is much cheaper compared to biodiesel and provides
approximately 93% more net energy per gallon.
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