Advanced feedstocks for biofuels can accelerate demand for biofuels until 2030

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According to a new study from LMC International, commissioned by the Advanced Biofuels Association (ABFA), the growing demand for advanced biomass-based diesel biofuels can be met through a forecasted supply of lipid feedstocks through 2030 without encroaching on food resources.

The study exclusively examined the outlook for lipid feedstock sourcing to determine their ability to meet ABFA’s carbon reduction targets by reaching 21 billion gallons of biomass-based diesel by 2040. ABFA commissioned LMC’s analysis to offer reliable data as a resource for government agencies and Congress to consider when setting future Renewable Energy Volume Obligation (RVO) mandates under the Renewable Fuels Standard (RFS).

To meet ABFA’s target of 21 billion gallons of biomass-based diesel products by 2040, production will need to reach nearly 9 billion gallons by 2030, requiring 32 million metric tons of fat. The raw material supplies available for use in the United States are more than sufficient to meet expected demand after factoring in food.

Michael McAdams, president of ABFA, said of the study: “This analysis shows conclusively that we have enough feedstocks in the United States to build the volumes of biodiesel currently mandated under the standard on renewable fuels. As we look to the future of our industry, it is also very encouraging to know that the United States has the resources to expand into new applications of renewable diesel and sustainable aviation fuels. ABFA members currently have major projects developing in these spaces, and we look forward to seeing more production online each year as we work towards our 2040 goal of 21 billion gallons of biomass-based diesel.

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