Petrobras has concluded the test production of 40 million liters of diesel mixed with HVO from 2 million liters of soy. The regulation is still pending on ANP.
Once regulated, the HVO will compose part of the renewable mix at Diesel with the existing Biodiesel yielding better effects for engines and even less emissions. Today, the renewable content of the mix is 12% and it will reach 15% by 2023.
Source: Agência Petrobrás Read The Article
PSR Analysis: The industrial scale production is an affirmation that HVO will be regulated soon and become a reality in Brazil. With this scale of production, it tends to be competitive with Diesel. The high productivity in soy agricultural in Brazil makes the initiative more likely to succeed and determine competitive prices for higher renewable content in the mineral-renewable mix. PSR
Fabio Ferraresi is Director Business Development South America for Power Systems Research
