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In spite of practical and political challenges, biofuels are gaining global momentum as a renewable and sustainable transportation fuel.
As a result, a global industry is emerging around the production, processing and distribution of biofuels. As the momentum for biofuels grows, Accenture believes that only those companies that can navigate the patchwork of different incentives and changing market dynamics will achieve high performance.
Accenture's first biofuels study, Irrational Exuberance?: An Assessment of How the Burgeoning Biofuels Market can Enable High Performance—A Supply Perspective, examined the biofuels supply market. This second report, Biofuels Time of Transition: Achieving High Performance in a World of Increasing Fuel Diversity, examines a number of crucial demand elements—and aims to pinpoint the future timescales, dynamics and demand drivers behind the global biofuels market.
The demand side of the industry that supports biofuels growth is examined, including:
In addition to a focused analysis of the evolving biofuels marketplace, the study includes detailed case studies on topics influencing the global biofuels market, such as land-use change and the arrival of the plug-in hybrid.
The report has a number of key messages, including:
Market participants seeking to achieve high performance in biofuels will need to master seven key capabilities to navigate through the transition. These are:
As the biofuels sector continues to develop, participants' strategies and plans will continue to evolve. Accenture's research can help clients navigate the diverse array of incentives available, and understand the dynamics of the constantly evolving market.
March 25, 2009
Outlook from Accenture
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