Australia’s biofuel output seen doubling by 2015

Australia’s biofuel production is forecast to more than double by 2015 as new capacity is installed and demand for alternative fuels increases, a private consultancy forecasted. Australia’s biofuel annual capacity is forecast to rise to 1.519 billion liters by 2015 from 636 million liters this year, APAC Biofuel Consultants said, adding that this would see more demand for sugar cane and soybeans as biofuel feedstocks. Biofuels are increasingly contributing to the Australian transport fuel mix, replacing imports, assisting fuel security and providing environmental advantages,” APAC Joint Chief Executive Mike Cochran said in the report. The APAC report said installed ethanol capacity was forecast to rise to 910 million liters by 2015, from 350 million liters in 2010, as some Australian states mandated greater usage of biofuel. (September 29, 2010)