Renewables are the fastest-growing energy source in the world today, on course to provide at least 14% of the global energy mix by 2040. BP has been in the renewables business for more than 20 years – we’re one of the largest operators among our peers and we’re expanding as we see more opportunities
We believe that biofuels offer one of the best large-scale solutions to reduce emissions from transportation.
We produce ethanol from sugar cane in Brazil. This ethanol has life cycle greenhouse gas (GHG) emissions that are 70% lower than conventional transport fuels. In 2017 our three sites produced 776 million litres of ethanol equivalent.
Brazil is one of the largest markets globally for ethanol fuel. To better connect our ethanol production with the country’s main fuels markets, we are partnering with the world’s leading ethanol and sugar trader, Copersucar, to operate a major ethanol storage terminal. The terminal is located close to key transport networks and pipelines.
Brazilian sugar cane is one of the most land-efficient feedstocks for producing biofuels and other products. Less than 2% of the land used for crops and pasture in Brazil goes towards sugar cane cultivation for ethanol. Even at this scale, enough ethanol is produced to fuel around half of the cars in Brazil.
Our largest biofuels mill is certified to Bonsucro, an independent standard for sustainable sugar cane production.
Butamax technology, developed in partnership with DuPont, converts sugars from corn into an energy-rich biofuel known as bio-isobutanol. It can be blended with gasoline at higher concentrations than ethanol and transported through existing fuel pipelines and infrastructure.
Butamax plans to upgrade its recently-acquired ethanol plant in Kansas to enable it to produce bio-isobutanol to demonstrate the technology to ethanol producers.
We must employ disruptive thinking and innovation to unlock the power of renewable raw materials. Butamax is taking the next step forward in advancing the bioeconomy, which supports economic growth and opportunity in rural communities.William F. Feehery, President, DuPont Industrial Biosciences
We create biopower by burning bagasse, the fibre that remains after crushing sugar cane stalks. Around 70% of the biopower generated is exported to the local electricity grid.
This is a low carbon power source, with the CO2 emitted from burning bagasse offset by the CO2 absorbed by sugar cane during its growth.
Today BP is one of the top wind energy producers in the US. We operate 13 sites in seven states and hold an interest in another facility in Hawaii. Together they have a net generating capacity of 1,432MW.
Solar could generate 10% of total global power by 2040.
BP has partnered with Lightsource, Europe’s largest solar development company, which focuses on the acquisition, development and long-term management of large-scale solar projects.
We are bringing our global scale, relationships and trading capabilities to drive further growth across the world.
We founded Lightsource to lead the solar revolution and chose to partner with BP because, like us, their ambition is to build and grow this company for the long-term. Solar power is the fastest growing source of new energy and we are excited to be at the forefront of this development with BP.Nick Boyle, Chief executive officer, Lightsource BP
Quantifying renewable resources
BP has played a central role in creating a new way for reserves and resources of renewable energy to be assessed on a like-for-like basis with fossil fuels. Read more...