The share of bioenergy (ethanol and biodiesel) in the Brazilian transport matrix in 2014 reached 17.6 percent, according to the Brazilian Ministry of Mines and Energy, “MME.” The percentage is five times higher than other countries who are members of the Organization for Economic Cooperation and Development (OECD), only 3.6 percent.
The indicator was published in the Brazilian Energy Review and presented in June 2015.
The production of biodiesel for 2015 through May, reached 1.609 million cubic meters, a 28.4 percent increase from the same period in 2014. In May alone, production was 339,000 cubic meters. Growth is stimulated as the Brazilian Government has adopted a higher percentage of biodiesel to be mixed in its conventional diesel.
The installed capacity of biodiesel production was 7.349 million m³ / year. In this capacity, 94 percent of producers are companies holding the Social Fuel Seal, created to stimulate social inclusion in agriculture in the biodiesel production chain.
This year through the month of May there were 3 auctions for biodiesel and 43 auctions since the beginning of the National Program for Production and Use of Biodiesel in Brazil.
The last Auction had sales of 661.5 million liters, of which 99.8 percent of this volume come from producers holding the Social Fuel Seal.
The average price was R $ 2.171, without considering Petrobras margin, and the total value traded reached the level of R $ 1.44 billion.
Lead image: Biofuel. Credit: Shutterstock.