Biofuel advances

12AERD1024_01

10/24/2012

Abstract
Content

The aerospace industry remains committed to getting off the ground with alternatives to jet fuel.

As nations grapple with emissions, oil-security, and energy-price matters, aggressive investment, regulation, and corporate involvement have propelled the alternative-fuels industry to commercial relevance. Alternative fuels today have a total capacity capable of replacing 4.8% of current oil capacity.

However, growth has slowed significantly. Since 2005, annual capacity growth has been roughly 22%; but growth through 2015 will be about 5% per year. As supply grows and logistical hurdles associated with feedstock and fuels increase, a new crop of technologies is emerging to add to the growing alternative-fuels space.

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Publisher
Published
Oct 24, 2012
Product Code
12AERD1024_01
Content Type
Magazine Article
Language
English