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Second generation biofuels on verge of cost breakthrough

2013-03-12 11:54:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: Developers of second generation biofuels made from non-food crops and waste material are on track to deliver fuels that are cost-competitive with ethanol and conventional fossil fuels by the second half of this decade. That is the conclusion of a new report from Bloomberg New Energy Finance (BNEF), released today, which surveyed leading developers of so-called cellulosic biofuels and found that the falling cost of enzymes and fermentation processes means they expect to achieve cost parity by 2016....

Tags: cost generation breakthrough verge

Category:Electronics and Electrical

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