Bio fuel
Biofuels – liquid fuels derived from plant materials – are entering the market, driven by factors such as oil price spikes and the need for increased energy security.
Biofuels are entering the wood market, partly driven by economic factors like spikes in the oil prices and an increased need for energy security and diversity.
The most used biofuels are:
- Bioethanol
- Biodiesel
- Biogas
- Vegetable Oil
Bioethanol
Bioethanol is essentially alcohol, that is made by fermenting sugar components of plant materials. Popular plant materials to use are starch crops and various sugars.
With a more recent advance in technology an interesting feedstock has emerged for ethanol production: Cellulosic Biomass. Biomass such as trees and grass is used to make ethanol, which can be used as fuel in its purest form. Though usually it is used as a gasoline additive.
Biodiesel
Biodiesel is fabricated from animal fats, recycled greases or vegetable oils in a process called transesterification. Biodiesel is amongst the most common biofuels in Europe.
Biofuels, such as biodiesel, provide 1.8% of the world's transport fuels in 2008. Investments into biofuel production and extraction grew over $4 billion worldwide.
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