The International Energy Agency (IEA) has released a report on India’s energy sector with title ‘India Bioenergy market Report’. The report is an outlook for liquid and gaseous biofuels by 2030.
This report examines the current supply and demand of liquid and gaseous biofuels in India and their forecasted growth to 2030. It provides a detailed assessment of existing policy and regulatory frameworks, feedstocks, production capacity, and identifies key considerations that may influence future development. It also outlines a set of policy priorities, drawing on international best practices, that India could consider to accelerate the deployment of liquid and gaseous biofuels in India.
As per the report, In the main case, ethanol is forecast to grow by more than 35%, to over 15 BLPY by 2030. This assumes overall fuel demand continues to increase, with India maintaining its already achieved 20% blending target, and India’s suite of supportive policies and access to feedstocks for ethanol remain in place.
In an accelerated case, ethanol is forecast to grow by 45% to more than 16 BLPY by 2030. This assumes additional increases in overall fuel demand, greater deployment of flexible-fuel vehicles by 2030 due to India’s Production Linked Incentive, and a potential small blending increase to 21% to support the industry. Current ethanol production capacity is sufficient to support this, but would require facilities to operate at over 80% capacity. Any additional growth in ethanol demand beyond this would likely require additional investments in ethanol production capacity. Deployment of ethanol-compatible infrastructure would also likely need to increase, states the report.
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