Biofuels and their potential in the mexican energy market

  • Samantha A. Paredes-Cervantes Scientific Research Center of Yucatan, Mexico
  • Luis Felipe Barahona-Pérez Scientific Research Center of Yucatan, Mexico
  • Francisco G. Barroso-Tanoira Anahuac Mayab University, Mexico
  • Donny V. Ponce-Marbán Bajio Industrial Technology, Mexico
DOI: https://doi.org/10.33937/reveco.2020.128
Keywords: biofuels, bioenergy, energy policy, fuel market, energy crops

Abstract

As biofuels could represent a satisfactory renewable energy option for México, the objective of this research was to explore and describe the current status of biofuel policies in this country, as well as suggesting strategies for increasing their potential in the energy market. The method was based on a review of different studies and interviews to important producers and expert academics. Results indicate that biogas is the biofuel with the highest development potential, followed by bioethanol, but chances for biodiesel are reduced mainly because of insufficient feedstock production capacity. A fiscal incentives policy is required to maintain producers into the market.

Published
2020-05-29
How to Cite
Paredes-Cervantes, S. A., Barahona-Pérez, L. F., Barroso-Tanoira, F. G., & Ponce-Marbán, D. V. (2020). Biofuels and their potential in the mexican energy market. Journal of Economics, Faculty of Economics, Autonomous University of Yucatan, 37(94), 35-56. https://doi.org/10.33937/reveco.2020.128
Issue
Vol 37 No 94 (2020): Firts semester 2020 vol.37 num. 94
Section
Original Articles

Copyright (c) 2020 Autonomous University of Yucatan

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