Over 2014 the world’s energy consumption has increased, as can be conluded on basis of the June-2015 numbers of the BP Energy Statistical Review. The majority of resources to fuel this growth are still fossil based.
The share of renewables is rapidly growing in importance. However, decreasing world fossil fuel consumption and fueling the growing energy consumption by renewable sources still remains a daunting challenge.
The growth of fossil fuels and renewables from 2008 (credit crisis) onward, tends towards reaching growth parity. The big question is when will the growth of the world’s renewable energy consumption turn into growth dominancy?
Current POME-based biofuels in EU fall within current production potential
According to studio Gear Up’s numerical analysis, the current volume of POME-biofuels deployed in the EU are in the range of current production volumes of POME residues. We advise to keep a close look on the future volumes of POME-based biofuels, given the upper limits of production. Strengthening the information position of renewable fuels supply chains with more frequent auditing and historical data of POME-oil production are needed.
