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Prices for vegetable oils remain at a record low

The vegetable oil price index of the Food and Agriculture Organization of the United Nations (FAO) rose by almost 2 per cent in December 2015, but continues at a nine-year low even though biodiesel production has increased.

14 January 2016

The Looming Octane Shortage?

In a time of rising gasoline demand and targets for higher engine efficiencies, the world could use more octane.What about ethanol, and what about iso-octane itself? The Digest looks at the economics and the supplies.

29 December 2015 : 1

Eugene Lopatin: What is the future of bioeconomy in Russia?

In October 2014, a new law allowing biodiesel and bioethanol to be used for transportation was approved in Russia. Oil price reduction, the costs of the Crimean crisis and the large outflow of capital have caused a reduction in the 2015 Russian state budget. In contrast, companies exporting wood-based products had large revenues due to weak rouble. Their costs inside the country were almost the same as before but the value of sales doubled. In the forestry sector, sawmilling and production of pellets for export gained highest revenues. The owners of companies in these industries are still surprised by the high revenues and are crazy about deciding whether to buy a second helicopter.

1 June 2015

US Companies Invest Millions in Ukraine Bioenergy Despite Turbulent Policy

Massachusetts-based Briggs Capital plans to invest US$250 million in the Ukraine bioenergy sector within the next several years, according to its CEO Rhode Robertson. The announcement was made amid significant problems in Ukraine's renewable energy industry, namely the sharp decrease in the "green tariff," which occurred in early 2015.

29 May 2015 : 1

Arkhangelsk Region eyes biofuel exports to Europe

The Arkhangelsk Region, which is rich in timber, intends to attract investors from China and Sweden to its wood processing industry. At the Sochi Investment forum, governor Igor Orlov told RBTH which foreign companies are already working in the Arkhangelsk Region and what new products the province is ready to export.

22 March 2015 : 1

Ukrainian wood pellet market on the rise

Despite the political discord between Russia and Ukraine, both countries face similar processes: national currencies devaluation, price surge and a growing demand for biomass. While Russia is interested in pellet production due to export activities, Ukraine's goal is to reduce usage of fossil fuel to a minimum. Moreover, Europe's demand for cheap pellets produced by the neighbouring countries encourages pellet production. Russia, Belarus and Ukraine expand their pellet exports at almost the same pace.

22 March 2015

Russia will build 1.5 GW of solar power by 2020

Over the next 5 years Russia will built about 1500 MW capacity of solar power plants in the country. Director of the Association of Solar Energy Enterprises of Russia Anton Usachev shares with IBCentre his estimations of the solar industry development and vision of the game rules on the Russian solar energy market.

22 March 2015 : 1

China boosts 2015 solar energy target by 20 per cent

China raised its solar target for 2015, promising to add almost 2 1/2 times as much capacity as the U.S. added last year, as it races to clear its increasingly polluted air.

22 March 2015

Could biofuel be a leading industry in Russia?

Three years ago, Alex Ablaev, the director of the Russian National Biofuels Association, was not very optimistic about the biofuel industry in Russia. But now he is surprisingly confident about it. The Voice of Russia asked him what is happening in the biofuel industry today, and what advantages this new technology can bring to Russia.

8 May 2014 : 1

EC adopts new guidelines on renewable energy, biofuel support

The European Commission recently announced it has adopted new rules on public support for projects in the field of environmental protection and energy. According to the commission, the guidelines promote a gradual move to market-based support for renewable energy. The new rules are described as aiming to support member states in reaching their 2020 climate targets while addressing market distortions that may result from subsidies granted to renewable energy sources. In addition to renewable electricity generation, the guidelines also address aid given to biofuel facilities.

20 April 2014

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