Future of Renewable Diesel Demand Looks Bright

摘要

Demand for renewable diesel in the US appears likely to surge through the middle of the decade,regardless of federal fossil fuel policies.Analysts with investment bank Morgan Stanley predict that consumption of the fuel will jump 140% from 65,000 barrels per day currently to 157,000 b/d by the end of 2025 in North America,with the US accounting for roughly two-thirds of the growth.Refiners see massive opportunities in the sector,with several recently announcing conversions or feasibility studies(OD Aug.7'20).