Clean Fuels releases outlook for global supplies of UCO
Clean Fuels Alliance America has released a new report assessing potential global supplies of used cooking oil (UCO) to meet growing demand for biodiesel, renewable diesel and sustainable aviation fuel (SAF) through 2030.
In 2022, global UCO trade reached 3.7 billion gallons, according to the report authors, LMC International/GlobalData Plc.
With anticipated demand and added value from biodiesel and renewable diesel production, the supply could grow to between 5 billion and 10 billion gallons by 2030, the authors’ project.
With additional global UCO collection, the potential supply could increase by an additional 4 billion to 7 billion gallons.
“Growing demand for better, cleaner fuels like biodiesel, renewable diesel and SAF is creating a tremendous opportunity to develop additional supplies of low-carbon fats and oils, including used cooking oil and surplus crop oils,” said Donnell Rehagen, CEO of Clean Fuels Alliance America.
“Our industry envisions sustainably producing 6 billion gallons of clean fuels by 2030, and this report identifies crucial additional feedstocks. Our vision supports national goals to decarbonize aviation and other heavy-duty transportation sectors.”
Access the report on cleanfuels.org/sustainable-impact/.
Source Link:https://biofuels-news.com/news/clean-fuels-releases-outlook-for-global-supplies-of-uco/
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