India and Italy will develop partnerships in key renewable energy sectors such as green hydrogen, biofuels, and energy storage. The decision was taken in a meeting between the Minister of External Affairs, India and his Italian counterpart. Reportedly, the discussion also covered the implementation of the India-Italy Strategic Partnership on Energy Transition, which was announced in 2021.
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Cracks are beginning to show in the UK Government’s finely tuned head-in-the-sand approach to biomass energy policy. The Government’s new Biomass Policy Statement shows that it’s harder than ever for officials to deny the damaging impacts of burning forest biomass for electricity. Biomass looks like a ‘zero carbon’ fuel when in fact the power plants burning it are some of the biggest carbon polluters in the country.
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Indonesia is one of the world’s biggest energy consumers, with the country’s energy sector accounting for almost 35 per cent of the total greenhouse gas (GHG) emissions. The report published by the Institute for Essential Services Reform (IESR) called “Critical review on the biofuel development policy in Indonesia” aims to assess the Government’s efforts and policies towards accelerating the development of biofuel, its economic, environmental, and social impact on the country and its potential in the coming years.
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Royal Dutch Shell has announced its plans to build an 820,000-tonnes-a-year biofuels facility located at the Shell Energy and Chemicals Park, Rotterdam, in the Netherlands.
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According to Precedence Research, the global advanced biofuels market size is expected to surpass around $848.6 billion by 2030, growing at a CAGR of 38.5 per cent. The global advanced biofuels market size was estimated at $32.6 billion in 2020. According to the report, North America will dominate the global industry due to rising demand for the cleaner burning transportation fuels in the US and Canada.
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IEEFA believes that a focused effort to prioritize particular regions could be more viable than chasing the dream of an ambitious nation-wide deployment plan. A targeted deployment plan focused on demonstrating commercial viability and PLN’s willingness to support long-term purchase agreements would send a stronger positive signal to attract major investments for the biomass industry. Indonesia has the potential to become a powerhouse for the biomass industry, and the cofiring ambition could be a starting point to spark its development.
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