GLG Network Survey Tracker: Biofuels V

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SURVEY DETAILS
TARGET POPULATION

For this Network Survey, GLG surveyed 75 senior executives working in the biofuels industry across the US and Europe (UK, France, Germany, Italy, Spain). This is the fifth 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.

Examples of findings:

  • Over four-in-ten (44%) respondents expect electric vehicles to have a negative impact on the penetration of biodiesel/renewable diesel.
  • Over seven-in-ten (71%) respondents anticipate a slight increase in domestic feedstock supply this year compared to last year, similarly, over four-in-ten (45%) experts also expect a slight increase in imported feedstock supply compared to last year.
  • In the next 5 years, almost half of respondents (49%) anticipate compliance carbon costs to be slightly more compared to today’s prices.

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.

  • 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

  • Given the significant increase in imported Used Cooking Oil (UCO) over the past few years, do you believe a substantial portion of UCO used in renewable fuel production had traceability and verification issues?
  • How will the exclusion of imported Used Cooking Oil (UCO) from the 45Z tax credit impact the production of renewable diesel and sustainable aviation fuel?
  • Will the ending of the blenders tax credit and being replaced by the 45Z tax credit for domestic production have a positive impact on expanding the production of renewable diesel and sustainable aviation fuel?
  • How confident are you that the federal government wants to utilize renewable fuel capabilities to decarbonize the transportation fuels sector?
  • What is the outlook for margins in SAF production?
  • How likely will there be market growth in the biodiesel/renewable diesel/sustainable aviation fuel sector in the next 2-3 years?
  • Over the next five years, rank in order of importance the factors that will drive growth in this industry, starting with 1 as the most important factor.

Access

This survey is available to subscribers of the Energy & 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.