While many alternative fuel choices exist to decarbonize off-road power many are not suited for remote location operation or are not technologically advanced sufficiently to play a significant part in whatever transition may be occurring that might replace the use of traditional diesel fuel as a prime mover. Therefore, this curated update on biofuel technology, demand and capacity deals only with agri-fuels – those whose feedstocks come from farm produce or by-products.
Many changes have occurred since 2020 that have significantly altered the outlook for fuels like corn-ethanol, the two low-carbon bio-based “diesel twins”, and a late-to-the-party newcomer, renewable propane.
Ag Equipment Intelligence has been working with industry analysts, trade groups, and farmers themselves to take the pulse of the “BioFuels From the Farm” outlook spanning the next several years. What we’ve learned is there is a lot of politics, world trade issues, petroleum-refining economics, domestic policy and legal hurdles to overcome before anyone gets rich at the farm gate providing clean fuels for a world bent on removing carbon from its fuel tanks.
That said, when all the challenges are considered, there are still some very bright opportunities ahead for savvy producers and trade associations who can negotiate policy mandates and guidelines to lower their carbon footprint in order to attract new customers.
Gain new perspectives on the opportunities and challenges of the much heralded “race to zero carbon.”