Several developments in France have made it clear that the French government is stressing hard on biofuels, so that the country can attain its goal of energy independence in near future.
France is speeding up its attempts on biofuels and this is evident by several developments in the country. A distribution network for ethanol and biodiesel is being built in France, as the Finance Ministry has pledged to support “with no reservation" for E85’s development as ”first fuel of post oil era”. E85’s extensive development should predominantly cater to the consumers’ interest of low price. Development of E85 will also help in attaining the energy independence goal of the country. Concretely, nearly 600 ethanol pumps are likely to be built in the country from the year 2007 onwards. These pumps will be a part of the network called 'grandes autoroutes', which connects several cities of France with Paris.
Another important development has been - Thierry Breton – French Finance Minister – stated, carmakers in the country have committed for investing in flex fuel cars, which can use E85 fuel effectively. As per Breton, flex fuel cars will make up half of all the cars sold in the country by the year 2009. The ambitious bio-fuel plan of the country will possibly succeed, provided the projected penetration is realized.
“Biofuel Market Worldwide (2006)”, a recently published market research report by RNCOS provides an updated and detailed overview of the world Biofuel market. It examines the emerging trends and provides comprehensive analysis of future growth prospects in this sector.
According to this report, “The situation is expected to be more favorable in near future following the announcement from Prime Minister that a plan aiming to increase biofuels (Bioethanol and Biodiesel) authorizations by 800,000 Tons by 2007 is underway. The breakdown is 480 000 Tons and 320 000 Tons for Biodiesel and ethanol, respectively.”
“Biofuel Market Worldwide (2006)” report helps clients to assess:
- Key market trends in the Biofuel industry.
- Existing cost analysis of Biofuel.
- Regional markets vary on the basis of their policies and the trends.
- Where will the Biofuel market be four years from now?
- Which prospects exist for Biofuel in global market?
- What are the various driving factors for the Worldwide Biofuel market?
- What are the factors prevailing in the economy influencing Biofuel market?
- What are the various government support programs and Major Biofuel projects?
About RNCOS:
RNCOS, incorporated in 2002, provides Market Research Reports for your business needs and aims to put an end to your information pursuit. Our expertise in gathering global business information for industry research, corporate training, growth consulting, and business consulting, brings reputed companies and firms to us for business enhancement solutions. We can be your one-stop-shop for Industry research information and niche market analysis.
For more information visit: http://www.rncos.com/Report/IM043.htm
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