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In 2006, Fuel Bio Opened the largest biodiesel manufacturing plant on the east coast of the United States in Elizabeth, New Jersey. Fuel Bio's operation is capable of producing a name plate capacity of 50 million US gallons per year (190 × 10 ^ 3 m 3 /a) of biodiesel. [8] In 2008, ASTM published new Biodiesel Blend Specifications. [9]
For the year 2006, the latest for which actual production figures could be obtained, total world biodiesel production was about 5–6 million tonnes, with 4.9 million tonnes processed in Europe (of which 2.7 million tonnes was from Germany) and most of the rest from the US.
For comparison, the total U.S. production capacity for biodiesel reached 2,240 million US gallons per year (8.5 × 10 ^ 6 m 3 /a) in 2007, although poor market conditions held 2007 production to about 450 million US gallons (1.7 × 10 ^ 6 m 3), according to the National Biodiesel Board (NBB). [32]
In biodiesel it says oil palm produces 5940 litres per hectare (635 USgal/acre) of palm oil each year. To make 180 billion US gallons (680,000,000 m 3 ) of vegetable oil each year would require 1,150,000 square kilometres (440,000 sq mi) or a square of land 1,070 kilometres (660 mi) on a side.
Biodiesel production in Argentina grew from 130,000 tons in 2006 to 2.5 million tons in 2010, expecting to produce 3 million tons by 2011. Argentina is a net exporter of biodiesel, nearly all of which was shipped to Europe, overtaking in production the U.S. this year.
In 2010, the United States imported about 4.3 billion barrels (680,000,000 m 3) of crude oil.Add to this about 2.01 billion barrels (320,000,000 m 3) produced in the United States, and the total consumption in the United States is 6.3 billion barrels (1.00 × 10 9 m 3) of crude for 2010.
Vegetable oil is used to make biodiesel and has about doubled in price in the last couple years. The prices are roughly tracking crude oil prices. [ 35 ] [ 36 ] [ 37 ] The 2007–2008 world food price crisis is blamed partly on the increased demand for biofuels. [ 38 ]
The two most common types of biofuel are bioethanol and biodiesel. Brazil is the largest producer of bioethanol, while the EU is the largest producer of biodiesel. The energy content in the global production of bioethanol and biodiesel is 2.2 and 1.8 EJ per year, respectively. [17]