Biofuel substitutes for petrol and diesel are making a growing contribution to vehicle fuel demand. If produced sustainably, biofuels may be regarded as a renewable source of energy.
The Renewable Energy Directive (RED) sets a target for the UK to source 10% of its energy used for transport from renewable sources by 2020.
In the context of Indirect Land Use Change, the RED and the Fuel Quality Directive set mandatory sustainability criteria for biofuels, relating to source and Greenhouse Gas savings.
Savills Energy continues to work with its global network to develop and source compliant feedstock for the biofuels market.
In 2007 Savills secured planning permission on behalf of Bioethanol Ltd for one of the UK’s first bioethanol production plants, on land beside the Humber estuary.
Savills is working with agriculturally produced feedstock in the UK for bio oil conversion and also jointly with international developers overseas to produce bio oil in a truly sustainable manner from crops that are not food competitive.
In addition to its core services, specialist services for clients in the biofuels market include: