Biofuels are a class of renewable energy derived from living materials. The most common biofuels are corn ethanol, biodiesel, and biogas from organic byproducts. Energy from renewable resources puts less strain on the limited supply of fossil fuels, which are considered nonrenewable resources. Biofuels aid in reducing the carbon footprint of transportation and other industries, by making the most of the planet’s carbon cycle. DTC can assist with the development of your Biofuels business plan to enter into, or expand in this lucrative industry!
Types of Biofuels include:
• Wood;
• Biogas;
• Biodiesel;
• Ethanol;
• Methanol; and
• Butanol.
Solid biofuels– includes solid organic, non-fossil material of biological origin (also known as biomass) which may be used as fuel for heat production or electricity generation. Solid biofuels is a product aggregate equal to the sum of charcoal, fuelwood, wood residues and by-products, black liquor, bagasse, animal waste, and residuals and renewable fraction of industrial waste.
Biogas– is a gas composed principally of methane and carbon dioxide produced by anaerobic digestion of biomass or by thermal processes from biomass, including biomass in waste. Biogas is a product aggregate equal to the sum of landfill gas, sewage sludge gas, other biogases from anaerobic digestion and biogases from thermal processes.
Liquid biofuels– includes all liquid fuels of natural origin (e.g. produced from biomass and/or the biodegradable fraction of waste), suitable to be blended with or replace liquid fuels from fossil origin. Liquid biofuels is a product aggregate equal to the sum of biogasoline, biodiesels, bio jet kerosene and other liquid biofuels.
Pros of starting, purhcasing, or expanding a Biofuel Business
When fossil fuels are burnt, greenhouse gases like carbon dioxide, carbon monoxide, sulfates, methane, hydrocarbons, and toxins are released into the atmosphere. These gases lead to unnatural warming of the planet, which destroys ecosystems, change weather patterns, and damages the environment. Biodiesel results in reduced emission of these dangerous greenhouse gases and toxins. It releases 85% fewer carcinogens as compared to traditional petroleum diesel.
Besides reducing greenhouse gas emissions, biofuels are less toxic to the environment. Most biodiesels are derived from vegetable and/or animal oils/fats, which makes them natural and non-toxic. If it is spilled in the ocean or on land, it will not have the devastating impact the oil and diesel has. Biodiesel is at least 5 times less toxic than petrofuels. Biofuels are also biodegradable in both soil and water and degrade 4 times faster than diesel.
Not only is biodiesel better for the environment, but it is better at lubricating and protecting your engine than traditional diesel. All engines can use biodiesel and biodiesel blends; so no adjustments or additions are required.
Dream Team Capital will consider all the necessary criteria and characteristics of the industry when compiling your Biofuels Business Plan.
For more assistance and information – Contact Dream Team Capital