Issuing agency: Lloyd's Register
Column: research report
source: https://www.lr.org/en/knowledge/research-reports/2024/fuel-for-thought-biofuel-report/
In this report in our Fuel for thought series, we evaluate Biofuel.
We will explore the current status of biofuel as a clean fuel, including any safety considerations, drivers for adoption, production and supply chain, and technology readiness. We will also examine the potential implications of the widespread adoption of biofuel as a clean fuel and its role in achieving a sustainable future.
The report highlights the general safety and training requirements associated with using biofuel and suggests specific considerations that need to be kept in mind while using it standalone or, more commonly, as a drop-in fuel.
The quality of biofuel bunkers is also discussed in detail. Other drivers for adopting biofuel are also covered, including regulations, lifecycle assessment, ship operator demand and interest, volume projections and techno-economic drivers.