In December 2013, the U.S. Energy
Information Administration (EIA)
released its early publication of its
2014 Annual Energy Outlook, providing projections for the energy
markets through 2040. NACS used
EIA’s report to prepare our “Future
of Fuels 2014” report.
The report seeks to determine
how EIA’s projections will direct-
ly affect the retail fuels market,
consumer use of specific types of
light duty vehicles and the pace at
which alternative fuels may gain
Part two of the report, excerpted
here, focuses on on renewable fuels.
NACS discovered that current
biofuels — ethanol and biodiesel —
are forecast to increase from a 2012
supply of 13. 58 billion gallons to 15.87
billion gallons in 2040. By 2040, EIA
forecasts the availability of 225 million gallons of cellulosic ethanol.