World Biodiesel Market and Optimal Scenarios for Biodiesel Production and use in Russia
Nabi D. Avarskii1, Vasiliy V. Taran2, Khatimat N. Gasanova3, Andrei N. Osipov4, Elena A. Silko5, Vadim R. Gumerov6
1Nabi D. Avarskii*, Federal Research Center of Agrarian Economy and Social Development of Rural Areas, All-Russian Research Institute of Agricultural Economics, Moscow, Russia.
2Vasiliy V. Taran Federal Research Center of Agrarian Economy and Social Development of Rural Areas, All-Russian Research Institute of Agricultural Economics, Moscow, Russia.
3Khatimat N. Gasanova, Federal Research Center of Agrarian Economy and Social Development of Rural Areas, All-Russian Research Institute of Agricultural Economics, Moscow, Russia.
4Andrei N. Osipov, Federal Research Center of Agrarian Economy and Social Development of Rural Areas, All-Russian Research Institute of Agricultural Economics, Moscow, Russia.
5Elena A. Silko, Federal Research Center of Agrarian Economy and Social Development of Rural Areas, All-Russian Research Institute of Agricultural Economics, Moscow, Russia.
6Vadim R. Gumerov, Federal Research Center of Agrarian Economy and Social Development of Rural Areas, All-Russian Research Institute of Agricultural Economics, Moscow, Russia.
Manuscript received on September 16, 2019. | Revised Manuscript received on 24 September, 2019. | Manuscript published on October 10, 2019. | PP: 4026-4038 | Volume-8 Issue-12, October 2019. | Retrieval Number: L36251081219/2019©BEIESP | DOI: 10.35940/ijitee.L3625.1081219
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The purpose is to analyze current situation and future developments in the global biodiesel market including Russia. Among the results obtained are the assessment of feedstock, technical standards and production cost of biodiesel and critical analysis of multidiscipline factors influencing global biodiesel market development. For Russia the potentials of biodiesel production and the rates of diesel fuel substitution are estimated. The main vectors of biodiesel market development and state supporting measures are suggested. The conclusion underlines main trends in the world biodiesel market and emphasizes reasonability to concentrate the use of biodiesel in the Russian agricultural sector.
Keywords: Liquid Biofuel, Biodiesel, Hydrotreated Vegetable Oil (HVO), Diesel Fuel, Crude Oil, Motor Fuel, Electric Vehicles, Tax Credits, Energy Intensity, Biofuel Legislation.
Scope of the Article: Bio-Science and Bio-Technology