Addressing current trends & challenges in biofuel commercialization is crucial for industry growth. While demand for sustainable fuels is rising, economic and technical barriers still hinder market expansion. Advances in synthetic biology and AI-driven process optimization are improving production efficiency and reducing costs. Regulatory support, including tax incentives and low-carbon fuel standards, is accelerating commercialization efforts. However, competition with electric mobility and hydrogen fuel technologies is reshaping the renewable energy landscape. Ensuring a stable supply chain for sustainable feedstocks and expanding infrastructure for biofuel distribution remain critical challenges. As innovation continues, biofuels must navigate these dynamics to secure their role in the future energy mix.
Title : Green management of enterprises as a response to climate change
Dai Yeun Jeong, Asia Climate Change Education Center, Korea, Republic of