Demand for Green Energy

• Global biodiesel demand is estimated to be growing by an average annual rate of 42%
• Germany is the largest consumer of biodiesel in the world, followed by France and Italy
• Legislation in the European Union is mandating increases in the proportion of biodiesel used in the energy mix
• Worldwide biodiesel demand is expected to reach 169.5 billion litres by 2010, growing at a compounded rate of just more than 30%
• The aviation sector consumes approximately 2 billion barrels of jet fuel per year. By 2017, the International Air Transport Association has stated that it wants 10% of its jet fuel consumption to be in the form of biodiesel. That translates into a potential market of more than 200 million barrels of biojet fuel per year!
• Based on test flights conducted in 2008 and early 2009 by Air New Zealand, Virgin Atlantic, Continental and Japan Airlines, jatropha is the biojet fuel of choice. The Air New Zealand test was a 50/50 mix of traditional jet fuel and jatropha. Accordingly, the JatrophaBiojet Corporation announced in February, 2009 that it will develop the jatropha/advanced biofuels market for jet, turbine and aerospace applications

“Jatropha biodiesel is on its way to being a certified aviation diesel.  The aviation industry is interested in the possible savings and price stability offered by alternative fuels…and, if oil demand outpaces supplies, jet fuel availability could become a constraint on growth.”
-Committee on Aviation Environmental Protection

Poised to supply that demand is
Bedford Biofuels.