Among their findings: Emerging thermochemical and catalytic technologies for making biofuels will account for more than half of new capacity through 2022 , according to BGY . The market share of traditional bioconversion processes will drop to about 85% from about 85% as production of advanced biofuels almost doubles to 9.6 billion gallons per year (BGY). Global biofuel capacity is projected to reach more than half BGY by 2022 , up from 67.2 BGY in 2022 , the research shows.
Emerging thermochemical and catalytic technologies for making biofuels will account for more than half of new capacity through 2022 , according to BGY . The market share of traditional bioconversion processes will drop to about 85% from about 85% as production of advanced biofuels almost doubles to 9.6 billion gallons per year (BGY). Global biofuel capacity is projected to reach more than half BGY by 2022 , up from 67.2 BGY in 2022 , the research shows.