Primafuel Terminal Services: Biofuels

California is emerging as the fastest growing biofules market in the United States. Already the largest and highest-priced market in the country, recent legislation will likely triple this market in by 2020.

Primafuel can help your business understand this market, the regulations - and the massive business opportunities.

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Biofuels legislation:

The Energy Independence and Security Act of 2007 (EISA) mandates an annual 36 billion gallons of low-carbon fuels nationwide by 2022. This is nearly three times the phenomenal growth experienced from 1998 to 2008.
California’s CaRFG3 Predictive Model creates a new E10 blend standard resulting in an increase ethanol use from 900 million to 1.5 billion gallons
California’s Low Carbon Fuel Standard will add an additional 1.3 billion gallons of ethanol and biodiesel to California’s fuel-mix in 2010. By 2020, this demand is projected to grow to over 8 billion gallons.
California’s State Alternative Fuels Plan calls for biodiesel to displace 1 billion gallons of diesel by 2018. The plan also requires the state to move all gasoline to E10. Finally, the plan expands the in-state E85 market.