Integration of natgas, biomass can drive alternative fuels market

23 April 2013 22:10  [Source: ICIS news]

CHICAGO (ICIS)--The opportunity for technology that incorporates natural gas and biomass could be a market driver for alternative fuels in the US, an official with the nation's energy department said on Tuesday.

“There has been an expanding scope on alternative fuels,” said Zia Haq, a senior analyst with the US Department of Energy (DOE). “It is no longer reasonable to say natural gas will always be a cheaper fuel. Biofuels is a good source to have also as an alternative.”

Haq was a speaker during a panel discussion on renewable energy at the Bio International Convention.

He pointed out that questions to consider include whether natural gas prices will continue to decline and remain stable, as well as if biomass and natural gas conversion processes can be integrated.

Another issue is implications of greenhouse gas emissions from biomass natural-gas technologies, he added.

Haq said another driver for alternative fuels is that major users – including military, aviation, marine, long-haul trucking and long-distance rail – have limited alternatives to transportation fuels.

In addition, biofuels could be used as a mechanism to reduce price volatility, and higher value use of biomass could be used as a fuel substitute.

The Bio International Convention runs through Wednesday.

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By: Tracy Dang
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