The problems at nuclear power plants in Japan can become an opportunity for biofuels to achieve greater progress than originally estimated.
So says Ramon Frediani, a professor at the Faculty of Economics, National University of Cordoba.
"This is the biggest impact that the natural disaster in Argentina's economy, since the problems at the plants has generated a significant rejection of the use of nuclear energy. This may give further impetus to the biofuels and grain prices, "said economist Cordoba.
In the same vein, it gave the IERAL of the Mediterranean Foundation, through a report warning that the problems in Japan postponed several projects to build nuclear plants in the world.
Projections by the Department of Energy United States, the share of biofuels as a source of power generation will double in the period 2007-2035 (see chart).
U.S. Government studies report an advance of nearly one percentage point of nuclear energy.
"Assuming that biofuels will partially replace the nuclear energy source, the new global economic conditions make room for increases in biofuel production ranging from 5.6 to seven percent annually, is a point and 2.4 percentage points of additional growth that was projected before the disaster, "warns IERAL in his report.
In this regard, stresses that the most common biofuels today are ethanol produced from sugar cane, mainly from Brazil, or maize, generated in the United States.
Added to this is fuel made from different oils, for what you use canola, soy and palm.
For every five gallons of ethanol manufactured in the world, produces one liter of biodiesel. United States and Brazil concentrated the production of 80 percent of the first fuel, while the EU produces 53 percent of biodiesel.
For IERAL, oil shortages in the future, coupled with mounting pressure from the international community to prioritize energy sources "friendly" with the environment, will be the "perfect match" to ensure a "promising future" for the biofuels.
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