Thursday, June 11, 2009

Global Ethanol Production grew 31% in 2008


BP published the latest edition of the 2009 Statistical Review of World Energy. The report, the most authoritative and comprehensive analysis of the oil, natural gas, coal and renewable energy mix. Here’s what we think is important in the report. First, global fuel ethanol production grew 31% to 35 million tonnes of oil equivalent (1.2 million barrels daily on a volumetric basis) in 2008. Second, the battle against global warming isn’t getting any easier: coal, the world’s dirtiest fossil fuel, was the fastest growing fuel used in 2008 for a sixth straight year with consumption rising 3.1%, led by China.

According to BP, ethanol production grew by 41% to 17 Million Tons of Oil Equivalent (Mtoe) in the US, where increased mandates and several years of rising gasoline prices led to significant new capacity coming online. US production is now half of global fuel ethanol supply, up from 27% in 1998. Brazilian production rose by 20% to 14 Mtoe; relatively inexpensive Brazilian ethanol production from sugar cane was attractive in domestic and export markets. Production in the US and Brazil represents nearly 90% of global supply. Production elsewhere rose by 30% to 4 Mtoe in 2008, led by increases in Canada and France.

This bar chart shows global fuel ethanol production in million tonnes oil equivalent (Mtoe) from 1998 to 2008. Brazil, US and Other are depicted. The US has shown the greatest increase in ethanol production from 2.64 Mtoe in 1998 to 17.46 in 2008. Brazil’s ethanol production has increased from 7.05 in 1998 Mtoe to 13.55 Mtoe in 2008. Other has grown form 0 to 3.79 Mtoe over the period.

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