Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report that offers a comprehensive picture of trends in the global alternative fuels industry. In addition to renewable fuels such as ethanol, biofuel, propane, natural gas and hydrogen, this review also covers electricity generated from wind, solar, ocean and geothermal technologies
Alternative Fuels Advisor 2008 Industry Review provides a summary of the trends and events driving the development, production and use of alternative fuels for all types of vehicles and supplies of energy.
The new 308 page report examines issues that shape the alternative fuel industry, including government regulatory and legislative trends, the fluctuations of oil pricing, and societal concerns surrounding climate change. This review includes advancements in research and development, industry growth projections, key market drivers and technological challenges for each of the alternative fuels discussed.
Some of the highlights revealed in the report include:
* World crude oil prices are expected to recover from a near-term decline and rise slowly to about $130 per barrel by 2030. This is an economic driver for alternative fuels that is almost equal to the economic and legislative drivers to reduce greenhouse gas emissions and especially carbon dioxide emissions.
* Non-fossil energy use in the U.S is growing rapidly, but fossil fuel will still be providing 79% of the U.S. total energy in 2030. However, net dependence of the U.S. on imported fossil fuel liquids will decline over the next 20 years.
* Biofuels will continue to make substantial gains and the consumption for the transportation segment will hold steady at about 22 million barrels per day from 2008 to 2030. The real changes are that mild and full hybrid vehicle systems will dominate all the new light-duty vehicles sales in the U.S. by 2030.
Alternative Fuels Advisor 2008 Industry Review
Report Buyer product ID: BCC00263
Report Buyer product category: Energy & Utilities
