Over the past decades, the alternative fuels industry has significantly evolved from its early days of first-generation ethanol and FAME biodiesel. The industry now comprises a wide variety of feedstocks and an equally diverse set of conversion technologies producing a myriad of fuels. Understanding this complex and evolving landscape is key to identifying unique opportunities both near- and long-term. To identify those opportunities, we analyze each alternative fuel’s pathway in terms of its performance and potential. Given the numerous combinations of feedstock, conversion technology, and fuel, assessing each pathway individually reveals the nuanced differences that must be taken into consideration when strategically entering the alternative fuel industry.
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