Conventional fuels, Conventional biofuels
Join us for an end of the year recap on transportation fuel market developments in 2023 and a taste of what to expect in 2024.
Dates:
Session 1: December 10, 2024 at 09:00 CET
To register for Session 1, please click .
Session 2: December 11, 2024 at 15:00 CET
To register for Session 2, please click .
Cost: No charge when attending live
Overview
In the Asia Pacific region, the use of alternative fuels became more prominent in 2024. There was an increase in biofuels blending mandate almost across the region.
In 2024, key updates regarding the European Union include increased biofuel blending, emphasis on synthetic renewable fuels (RFNBOs), widespread use of E10 gasoline, renewable diesel blending, and support for electric mobility, moving toward phasing out traditional fuels by 2035.
In 2024, there were no major changes in the fuel markets of the Eurasian countries compared to 2023 and 2022. All attention was focused on conventional fuels, the development of alternative fuels is moving slowly.
The focus of the African fuel market was mainly to invest in the infrastructure of fossil-derived fuels for security of supply and increasing demand in 2024. Similarly, a push for low-sulfur fuel specifications was implemented in some countries. Regarding hydrogen plans, several countries announced ambitious targets to produce hydrogen and hydrogen-derived fuels for local consumption but also for export, mainly to Europe.
In Latin America, biofuels markets were reinforced in 2024 compared to previous years while EV charging infrastructure and EV sales and market shares showed significant progress.
In 2024, the biofuels market in North America demonstrated notable growth, driven by increased policy support in both the U.S. and Canada. Bioethanol production expanded in both countries, with the U.S. maintaining its position as a top global producer, supported by advanced biofuel credits and renewable fuel standards. Biodiesel and renewable diesel experienced significant adoption, particularly in the U.S., where state-level mandates in California and Oregon played a crucial role in boosting demand. Additionally, the U.S. saw growing interest in sustainable aviation fuel (SAF), with federal incentives driving new investments in the sector.
Agenda:
○ Current fuel quality and emission regulations
○ Refineries updates
○ What 2025 will bring in fuel quality regulations and market
○ 2025 Global forecast
Target Audience:
The webinar is aimed at all the professionals involved in the fuels and transportation sectors, including refiners and biofuel producers, engine and vehicle parts manufacturers, fuel traders and policymakers – customers only
Speakers:
•Aida Gonzalez Palomino, Chief Analyst
•Lucky Nurafiatin, Senior Market for Asia Pacific
•Chee Yin Lee, Market Analyst for Asia Pacific
•Daria Kochetkova, Market Analyst for Europe and Eurasia
•Botagoz Nurgali, Senior Market Analyst for the European Union
•Dhanisha Juleemun, Market Analyst for Europe and Africa
•Henry David Gómez Caicedo, Market Analyst for Latin America and the Caribbean
•Jorge Sierra, Market Analyst for North America
You may find detailed biographies of each speaker below.
Language: English
For further information, please contact: sgs-inspire@sgs.com