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by Staff Writers Dublin, Ireland (SPX) Apr 17, 2008
This Frost and Sullivan research titled Global Commercial Aviation Alternative Fuel Market A Strategic Overview provides a strategic and analytical insight into the alternative aviation fuel market in commercial aviation that is poised to rise. It also points out the most prospective aviation fuel that is feasible for the market. In this research, Frost and Sullivan's expert analysts thoroughly examine the commercial aviation, energy, and alternative energy sectors, and analyze the applications and prospects of alternative aviation fuels in commercial aviation.
Successful Adoption of Synthetically Derived FT Fuels The successful precedent set by Sasol in South Africa in powering commercial service aircraft is a major factor driving technology and investment in the direction of synthetic FT fuels. Furthermore, the United States has been actively examining the possibilities of synthetic jet fuels to power its aircraft and aims to fuel 50 percent of its aircraft with synthetic jet fuels by 2016. However, the cost of setting up a synthetic FT fuel refinery is double that of a conventional refinery, giving rise to questions over price competitiveness versus crude. This is further exacerbated by the uncertainty over legislative support in terms of price subsidies for alternative fuels. "The major technical issue with synthetic FT fuel is the heavy release of CO2 during the FT process," notes the analyst of this research service. "As long as the issue of appropriate capture, sequestration and storage of the gas is not resolved, it will exercise an active restraint upon investment and business scope, especially in the long run."
Hydroprocessing Technology could Lead the Way for Bio Jet Fuels The resultant fuel closely resembles the current aviation hydrocarbon fuel. Bio jet fuel obtained from green diesel produced using second-generation biofuels derived from wood waste is being actively examined. Overall, the market size for alternate fuels in commercial aviation, beginning with the Sasol CTL fuel in the market, is likely to grow from 1.163 million million barrels per day (BPD) in 2007 to 1.631 BPD in 2015. "Market participants will do well to focus on synthetic fuel alternatives that hold strong prospects for the medium run, while also engaging in biofuel alternatives that are feasible in the long run," says the analyst. "Stakeholder collaboration is crucial for cost-effective solutions as well as to facilitate the entry of new market participants," says the analyst."
Related Links Powering The World in the 21st Century at Energy-Daily.com
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