GLG Network Survey Tracker: Biofuels IV

SURVEY DETAILS

TARGET POPULATION

For this Network Survey, GLG surveyed 75 senior executives across the UK, France, Germany, Italy, Spain and US. This is the fourth iteration in this tracker series.

What will you learn from this survey?

• Respondents discussed the current force driving their organization’s decision to produce biofuels.
• Furthermore, the survey also looked into the likelihood of changes expected in the industry over the next 5 years due to climate change.
• Lastly, the research gathered insights on current technologies being used and producers’ outlook on the industry over the next years.

Example of findings:

• In January 2024, over three-in-ten respondents stated that they are currently using used cooking oil as the most used feedstock in the industry.
• 44% experts remain confident that carbon compliance cost will be much more than today in the next 5 years.
• 60% respondents expect to have Low Carbon Fuel Standard policy in 1 to 3 states over the next 5 years.

DELIVERABLES

The GLG Surveys team drafted the questionnaire with the support of GLG Network Member, David Elsenbast, former Vice President – International Feedstock Development at Renewable Energy Group, Inc.

The standard deliverable includes:

• 1 x Individual responses (“raw data”) in Excel.
• 1 x PPT report with aggregated data.
• Executive summary with key takeaways and highlights from the raw data.

SAMPLE QUESTIONS

• What are the most important factors in developing a Sustainable Aviation Fuel (SAF) market?
• How important is the renewable biofuels industry in stemming climate change (reducing carbon consumption)?
• In the next 5 years, how do you expect carbon compliance costs to be relative to today?
• Which feedstocks does your company use/plan to use as its primary feedstocks to produce renewable diesel/sustainable aviation fuel?
• Compared with 2022, please estimate the change in domestic feedstock supplies in 2023.
• How likely will there be enough feedstocks to cover the future demand growth for renewable diesel and sustainable aviation fuel?
• What is the outlook for margins in renewable diesel production?

ACCESS

This survey is available to subscribers of the Energy and Industrials (EI) sector (Limited subscriptions and above). This offer includes the raw data file and a high-level presentation through PowerPoint. Please contact your GLG representative for details on your firm’s access.

DISCLAIMER:

Please be advised that GLG Network Surveys operate differently than traditional GLG consultations, surveys, teleconferences, etc. and it is advisable that you consult with your firm’s legal and/or compliance department to review your use of the product and the payment for such work under your current subscription. 

By downloading this document and/or participating in the Network Survey, you understand and agree that the information and material provided by GLG, including survey results and survey proposal information, is provided for your own insight and informational purposes only. You further acknowledge and agree that this is a Network Survey for multiple GLG clients, and the results will be provided to all GLG clients that agree to participate in the Network Survey and GLG clients that agree to purchase the Survey results in the future. All survey results do not constitute investment advice or a recommendation. In using this Survey, you agree to hold Gerson Lehrman Group and the Survey respondents harmless and free of all liability as a result of your use of this Network Survey, other than liability resulting from the gross negligence or wilful misconduct of the protected party. You otherwise agree to be bound by Gerson Lehrman Group’s Usage Policies in your interactions with Gerson Lehrman Group and your receipt of services. These Survey results are for are for client’s own use and client shall not redistribute, disseminate, publish, or display the same, in whole or in part, to any third parties or publicly without the prior written permission of Gerson Lehrman Group, except explicitly set forth in your agreement with GLG. This survey will be double-blinded to both client and respondent. GLG reserves the right to restrict the number of clients that can pre-commit access. These Network Surveys are priced outside of standard GLG subscriptions but at a substantially reduced price to commissioning a fully proprietary GLG Network Survey. Upon finding these terms acceptable, please send an affirmative confirmation via email, which GLG will file in its records. Once confirmed, please note that the Client’s agreement to purchase the Network Survey is a legally binding and irrevocable commitment. If the survey is not included within your subscription, GLG will invoice Client for the fees due for the Network Survey. Please note that some respondents may not be Network Members, and the Terms and Conditions of Network Membership would not apply to such respondents and detailed records for them will not be available aside from the information that GLG capture in the Network Survey.