Released on = June 10, 2007, 10:25 pm

Press Release Author = Shushmul Maheshwari

Industry = Energy

Press Release Summary = As the world resorts to increase biofuels’ production
to sustain its energy supplies and to bring pollution under control, water resources
may shrink in near future.

Press Release Body = As per a recent report “Biofuel Market Worldwide
(2007-2010)” published by RNCOS, it has been found that the biofuel market
would increase at a CAGR of about 13% to reach almost US$ 53.3 Billion by 2015.

Production of biofuel would also spur the demand for agricultural-land at the cost
of natural ecosystem. In countries struggling with the problem of inadequate water
supplies, increasing agricultural output of biofuel is further expected to put more
pressure on water resources.

According to a study conducted by the Sri Lankan International Water-Management
Institute, at a global average, 1000-4000 liters of water is evaporated by the
biomass needed for producing one liter of biofuel. The quantity of water that
evaporates during this process depends on the feedstock and conversion technique
that’s used. Thus, water scarce countries may face serious challenges while
meeting the anticipated increase in the demand for food as well as further growth
spurred by the growing production of biofuel. Some Parts of India and China have
previously violated the confines of acceptable water use without any attempt to
produce more quantities of biofuel.

Biofuel is not going to be environmentally sustainable until alternatives that
require less use of water for feedstock is considered. Its time to question the
biofuel production taking water concerns in the forefront.

As per the RNCOS report “Biofuel Market Worldwide (2007-2010)”,
“Shrinking output of oil from nearly all the oil reserves is the major cause
why most countries throughout the world are finding renewable energy sources as
their ultimate respite. Growing consumption of energy, and environmental concerns
has now shifted the focus of governments towards biofuel for transportation.”

The report attempts to answer key questions such as, opportunities that exist for
Biofuel in the global market, key drivers and other factors influencing the
expansion of biofuels in the world, various government support programs and major
biofuel projects, etc.

About RNCOS E-Services Pvt Ltd.:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM508.htm
Current Industry News: http://www.rncos.com/blog


Web Site = http://www.rncos.com

Contact Details = RNCOS E-Services Pvt Ltd.
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com