Renewable diesel has potential as well as risks: Morgan Stanley

摘要

Renewable diesel projects aren't new to the global energy industry, but they achieved a sort of critical mass over the summer, at least in the United States. Attracting particular attention in the petroleum downstream have been oil refiners, hit hard by fuel demand swooning from COVID-19 contractions, who rolled out announcements involving the conversion of petroleum processing capacity.While returns in excess of 30%-40% and demand growth are exciting the financial community, the rush to renewable diesel also likely means that not all proposed facilities will be built, warn analysts with investment bank Morgan Stanley in a new report.