Biofuel Potential in Pakistan
Bio-fuel Industry in Pakistan Analysis of Pakistani Industries
This report aims to present a detailed overview of biofuels and also aims to highlight the potential for developing bio-fuels based on the vast agricultural resources available to Pakistan.
Omer Butt
Institute of Business Administration, Karachi
12/29/2011
Preface
This report aims at critically analyzing the Biofuels industry and the extent to which research is being conducted to develop biofuels that would be economically and environmentally viable to produce on a large scale while also offering a more cost effective alternative to fossil fuels consumed industrially, to partially enable economic growth in the longer run. This report highlights in greater detail specific aspects of biofuels, namely their types; (in not much detail at all) their methods of production; the problems involved in pursuing interests of the sort; a comparative SWOT analysis between biofuels and conventional fossil fuels; and a detailed analysis of the competitiveness of the biofuels industry, benchmarking a particular world leader in bioethanol production, Brazil through Porter’s Diamond Model and developing an understanding of the resources Pakistan has that can enable long-term economic growth through greater investment in this sector with interests lying in a specific type of biofuel that has shown immense potential through recent extensive research in the second generation biofuel (namely Algea fuel) by certain developed countries.
Introduction
The concept of Biofuels was first introduced by Henry Ford and has been around for as long as cars have, since the advent of the 20th century. Ford planned to fuel his Model Ts with ethanol, and early diesel engines were shown to run on peanut oil.
But discoveries of huge petroleum deposits kept gasoline and diesel cheap for decades, and biofuels were largely forgotten. However, with the recent rise in oil prices, along with growing concern about global
This report aims to present a detailed overview of biofuels and also aims to highlight the potential for developing bio-fuels based on the vast agricultural resources available to Pakistan.
Omer Butt
Institute of Business Administration, Karachi
12/29/2011
Preface
This report aims at critically analyzing the Biofuels industry and the extent to which research is being conducted to develop biofuels that would be economically and environmentally viable to produce on a large scale while also offering a more cost effective alternative to fossil fuels consumed industrially, to partially enable economic growth in the longer run. This report highlights in greater detail specific aspects of biofuels, namely their types; (in not much detail at all) their methods of production; the problems involved in pursuing interests of the sort; a comparative SWOT analysis between biofuels and conventional fossil fuels; and a detailed analysis of the competitiveness of the biofuels industry, benchmarking a particular world leader in bioethanol production, Brazil through Porter’s Diamond Model and developing an understanding of the resources Pakistan has that can enable long-term economic growth through greater investment in this sector with interests lying in a specific type of biofuel that has shown immense potential through recent extensive research in the second generation biofuel (namely Algea fuel) by certain developed countries.
Introduction
The concept of Biofuels was first introduced by Henry Ford and has been around for as long as cars have, since the advent of the 20th century. Ford planned to fuel his Model Ts with ethanol, and early diesel engines were shown to run on peanut oil.
But discoveries of huge petroleum deposits kept gasoline and diesel cheap for decades, and biofuels were largely forgotten. However, with the recent rise in oil prices, along with growing concern about global
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