Renewables Growth Prompts A Feedstock Demand Surge
The growth of the biofuels market is having a significant impact on the demand for key feedstocks with producers chasing the same supply. The International Energy Agency (IEA) predicts that the biofuels market will grow by nearly 20% between 2019 and 2026. These changes are one part of the overall drive to achieve net-zero carbon emissions in the EU by 2050.