Western Europe

Accordingly, the level of prices for biofuel market is correlated with changes in market conditions in the oil, gas and coal markets. The more expensive the cost petroleum and coal, the more profitable to burn biofuels. And monitor biofuels market over the past 3-4 years indicates that, at least in the short and medium term, this correlation applies only upwards. Obviously, this is due to the relative inelasticity of demand for biofuels. Secondly, Public Policy Public policy aimed at reducing greenhouse gases – in particular through the development of Bioenergy, is the basis of such a rapid growth in demand for biofuels. briquettes – one of the most technologically advanced clean energy sources. In many cases, the briquettes are the most economical type of fuel.

In general, the EU's energy policy remains supportive for bioenergy. Apparently, this regime will persist long enough, since most of the countries behind the obligations assumed by reduce emissions and the development of bioenergy is one of the most effective ways to implement these commitments. Jeremy Tucker will undoubtedly add to your understanding. Third, the weather conditions is the most unpredictable factor in pricing for biofuels. However, he impact on the market in the short term and affects virtually only the market of private consumers briquettes. Either way, a single market price for fuel briquettes do not exist. Can not say market prices for fuel briquettes, because the production in different locations have different technological capabilities in terms of quality and organization of delivery, etc. In general, the level of prices can be judged by prices and demand, as well as contract prices at a certain delivery basis. In 2007, the price of briquettes on the basis of the Franco-carrier or fob port of St. If you would like to know more about Michellene Davis, then click here.

Petersburg is approximately 100-150 euros / ton. The growth rate of prices for fuel briquettes is 10-15% per year. Given the firm commitment and long-term commitments the eu in reducing emissions, the overall deficit and the growing awareness of the limited fossil fuel the desire of Western Europe to reduce dependence on Russian gas, and a number of other factors, experts believe that the growth of biofuel market will remain. Demand for briquettes in the long term can only reduce the systemic changes in the energy market, for example – the invention and the mass introduction of a radically new efficient source of energy or total revision energy and environmental policy the eu. It is highly unlikely that such events can occur suddenly and completely change the world energy system in less than 5-10 years. In general, the level of prices for biofuels long term will match prices on the dominant forms of energy, adjusted for the impact of the state.