By Carl Weinschenk, Energy Manager Today.
A forum on bioenergy at the North Carolina Biotechnology Center in early November pointed to both good news and concerns for the sector.
The fate of an alternative to any established product or service depends on the health – economic and otherwise – of the incumbent. That is at bad news for bioenergy, at least in the short term, according to the report on the forum at Southeast Farm Press:
The biggest challenge is low oil prices which makes bioenergy less competitive. However, speakers at a forum on a biofuels and biochemicals at the North Carolina Biotechnology Center in Research Triangle Park Nov. 4 stressed that demand is still strong and growing for green energy from plants and trees.