Toronto, ON, February 12, 2011 - The
Global Renewable Fuels Alliance (GRFA) in cooperation with F.O.
Licht has released its global annual ethanol production
The GRFA forecasts ethanol production to hit 88.7 billion litres
in 2011 replacing the need for one million barrels of crude oil per
day worldwide. This highlights the growing impact that ethanol
production is having on reducing the world's reliance on crude
The GRFA predicts a growth of over 3% in global production in
2011, up from 85.8 billion litres in 2010. Global production
has now surpassed 550 million barrels of ethanol per year according
to data compiled by F.O. Licht.
The United States continues to be the largest ethanol producer
in the world with production levels expected to reach over 51
billion litres (13.5 U.S. gallons) in 2011.
"While energy security issues continue to preoccupy American
policy makers, U.S ethanol production will eliminate the need for
over 212 million barrels of imported crude oil worth $21
billion in 2011," said Global Renewable Fuels Alliance
spokesperson, Bliss Baker.
"There is no doubt that ethanol production today is reducing our
reliance on foreign oil, but there is more we can and should do,"
added Mr. Baker.
The African continent has tremendous potential for biofuels
production; however, production levels remain very low despite
recent efforts by some countries to kick-start biofuel
The African continent is forecast to produce 170 million litres
of ethanol in 2011, despite sub-Saharan Africa having one billion
hectares of rain fed, crop producing land that could be producing
biomass for ethanol according to the United Nations Food and
A recent World Bank report highlighted Africa's biofuel
potential suggesting that high energy prices and the availability
of productive land represent and enormous opportunity for African
"Much of the African economy relies almost exclusively on crude
oil imports and any biofuels production on the continent will help
alleviate that crippling addiction to oil," said GRFA spokesperson,
Bliss Baker. "Seizing this biofuels opportunity will encourage
investment in the agricultural sector, create much needed local
employment and help net importers of crude oil reduce their
reliance on foreign oil.
This year will be critical for Europe as member counties ramp up
their production and use of ethanol to meet the European Union's
Renewable Energy Directive. Europe is expected to produce 5.4
billion litres of ethanol this year which is a 15% increase over