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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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Pike Research forecasts that the global market for biofuels will more than double over the coming decade, increasing from $82.7 BGPY in 2011) would represent just 7% of the estimated global transportation fuels market in 2021. The Americas are projected to account for 71% of global biofuels production. billion in 2011 to $185.3

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Pike Research forecasts global biofuels market value to double to $185B by 2021

Green Car Congress

Pike forecasts that the global market for biofuels will increase from $82.7 between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Pike projects that the Americas will account for 71% of global biofuels production. BGPY in 2011) would represent just 7% of the global transportation fuels market in 2021.

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PwC industry survey provides check-up on determining factors for EV success

Green Car Congress

Global hybrid + EV assembly forecast. More than 200 participants from the automotive, utilities, energy, technology, government, finance, education and other sectors provided their feedback for the effort. Source: PwC. Click to enlarge. Of that, nearly one third, or three million units, will be plug-in and pure electric vehicles.