The Study on the Planning of Extended Supply of Domestic Biofuel

Sung-Yong Yang1, Yongsung Cho1, Yowhan-Son1, Woo-Kyun Lee1

1Dept of Climate Environment, Korea University

 

Abstract

 The production and use of renewable biofuels have grown more quickly in recent years as the alternative energy for highly-priced oil and natural gas. While the importance of biofuel development is being emphasized as the solution to the reduction of domestic greenhouse gases and enforcement of energy security, nevertheless, various
issues of material balance of biofuel, supply of biodiesel producer, non-aggressive governmental policy and the lack of consumer awareness are delaying the effective and extended supply of biofuel. This study first aims to analyze the biofuel polices and the current situations of domestic, deal with the aspects of supply and demand and last but
not least, present the suggestion for improvement.
Key words : biofuel, bio-diesel, boi-ethanol