|
|
 |
|
|
Unconventional liquid fuels - new energy options for the era of high oil prices? by lee ryan
|
|
|
Unconventional liquid fuels - new energy options for the era of high oil prices? by LEE RYAN
|
|
| Article Posted: 10/11/2011 |
| Article Views: 101 |
| Articles Written: 234 - MORE ARTICLES FROM THIS AUTHOR |
| Word Count: 473 |
| Article Votes: 0 |
|
Unconventional liquid fuels - new energy options for the era of high oil prices? |
|
|
|
|
|
Business,Environment,Marketing
|
|
|
End of December 2010, the non-volatile northeast makes oil even higher, and in early February 2011 exceeded $ 100 mark. With the continuous rise of oil prices, the financial crisis has no small influence on unconventional liquid fuel which back to the mainstream line of sight again, the growing output also attracted attention of all parties. Unconventional liquid fuels including bio-fuels, synthetic oil and synthetic fuel. Biofuels include bioethanol and biodiesel two. The end of 2010, U.S. Environmental Protection Agency released annual report shows that biofuels, in 2010 global production of 58.87 billion liters of ethanol in 2011 is expected to reach 63.42 billion liters. With the future growth of consumer demand, the global application of bio-fuels will increase efforts in order to stimulate further production increases. According to the January 19, 2011 release of "BP 2030 Energy Outlook," of the data, global biofuel production has increased from 140 b / d in 2008 to 180 million barrels / day in 2010, and by 2030 this figure will become 670 million barrels / day. Compared with other non-conventional liquid fuels, the same production conditions, bio-diesel and bio-ethanol investment required is low. According to statistics, biological diesel unit capacity, namely 1 barrel investment/day investment of $10000 to $30000, slightly higher than conventional refinery capacity of the unit level of investment; Production unit investment of Ethanol slightly higher than the biodiesel in between $20000 and $30000. In addition, from the exit market price and the enter price, the bio-ethanol 25 to 40 dollars / barrel, meaning that as long as oil prices above 40 U.S. dollars / barrel, bio-ethanol can be cost-effective. In terms of bio-diesel, the interval range of 70 to 80 U.S. dollars / barrel. Looking to the future of international oil markets, cheap oil era has passed, the balance of relations based on international oil supply will remain at 80 dollars / barrel above, Plus 20-30 U.S. dollars / barrel risk premium, in the long run, international oil prices will remain at $ 100 / barrel above. Therefore, the integrated unit capacity investment and oil prices two indicators, bio-fuels into the liquid fuel market with massive potential. In addition, GTL is a good choice, but the initial investment is relatively large, And from cleaning of view, the natural gas itself is better than a high-quality high-carbon liquid fuel energy. Compared to oil and gas, coal-oil market entry and exit requirements of higher prices, relatively poor economy. And in terms of bio-oil, due to immature technology, high costs will limit its short-term large-scale development. Guangzhou Pengfa Biomass Energy Equipment Co.,Ltd is a manufacturer and supplier of biomass energy equipment export,Its main products are pellet mill,Screener / Sifter, Packing machine and Pellet Plant.We provides best service to their customers by good quality, beautiful design, reasonable price and prompt delivery.
Related Articles -
Unconventional liquid fuels, high oil prices,
|
Rate This Article  |
|
|
|
|
|
Do you Agree or Disagree? Have a Comment? POST IT!
| Reader Opinions |
|
|
|
|
|
|
|
|
|
| Author Login |
|
|
 |
Advertiser Login
ADVERTISE HERE NOW!
Limited Time $60 Offer!
90 Days-1.5 Million Views
|
|
TIM FAY
After 60-plus years of living, I am just trying to pass down some of the information that I have lea...more
|
|
|
|
|
LAURA JEEVES
At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
|
|
|
|
|
ALEX BELSEY
I am the editor of QUAY Magazine, a B2B publication based in the South West of the UK. I am also the...more
|
|
|
|
|
GENE MYERS
Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
|
|
|
|
|
SUSAN FRIESEN
Located in the lower mainland of B.C., Susan Friesen is a visionary brand strategist, entrepreneur, ...more
|
|
|
|
|
STEPHEN BYE
Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through the...more
|
|
|
|
|
SHALINI MITTAL
A postgraduate in Fashion Technology. Shalini is a writer at heart! Writing for her is an expression...more
|
|
|
|
|
ADRIAN JOELE
I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
|
|
|
|
|
JAMES KENNY
James is a Research Enthusiast that focuses on the understanding of how things work and can be impro...more
|
|
|
|
