Energy Infrastructure & Transition Overview
Attractive Potential for Liquid Biofuels
KINDER MORGAN
Policy support & efficient infrastructure important to increasing adoption of ethanol, biodiesel & other low-carbon fuels
GLOBAL BIOFUELS DEMAND OUTLOOK
million barrels per day
6
5
4
3
2
1
0
2019
2025
2030
2040
Stated policies scenario projects:
~75% or 1.5 mmbbld increase by 2030
~150% or 3.0 mmbbld increase by 2040.
Even more in a 2-degree scenario
~40% of growth from the U.S. & China
Policies such as the U.S. Renewable Fuel Standard & China's E10
program underpin this level of increase
5x more investment required each year
Over $10 billion projected to be spent on production capacity through
2030 versus just $2 billion in 2019
Source: International Energy Agency, World Energy Outlook, October 2020 (Stated Policies Scenario).
Note: Statistics relative to 2019, the latest actual available.
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