Oil Prices Climb, WBM Opens Debates on Aviation

THE NETHERLANDS – As the climbing price of oil puts more urgency on the development of new global energy sources, delegates at the World Biofuels Markets Congress & Exhibition 2012, Rotterdam, opened the event yesterday with debate and discussion on several of the most controversial topics facing the industry.

On day one, experts and executives from across the sector analysed the commercialisation of biofuels in the aviation sector, the investment challenges facing the industry as the global economy ebbs and flows, and the ongoing issues of indirect land use facing biofuels producers.

“Biofuels continue to grow in importance as the rising price of oil impacts every aspect of the global economy, so the sessions covering the latest in aviation, sustainability, and investments were critical to finding solution to our global energy needs,” said Claire Poole, Event Director, Green Power Conferences, organiser of the conference.

“The level of discussion and debate already throughout the show is a sign of how important these issues are, and why there is so much interest and revived investment in new energy solutions.”

Other highlights from day one included presentations and updates on dedicated energy crops such as jatropha, a panel of “Hot Technologies & Processes” in Advanced Biofuels, and the unique Green Power Academy which provides industry newcomers with hands on learning about a variety of green industries.

Concurrent with the biofuels streams, yesterday’s co-located Bio-based Chemicals and Biopower Generation conferences focused on integrating bio-based chemicals with today’s market, and took a look ahead at cogeneration of bio and traditional power.