Back

Alberto Carmona Bosch

Alberto Carmona Bosch

Abengoa Bioenergy, Spain

Title: Market view for Bioethanol: a Global perspective

Biography

Alberto Carmona Bosch, 45, graduated at the University of Seville (Spain) and University of Paderborn (Germany) with a Bachelor in Economics and Business Administration and an Executive MBA from Institute San Telmo (partner school of IESE). Started working in Abengoa in 1999. Professional background in financial and commercial activities and promoting and financing renewable energy projects in Europe as well as acquisitions. He has been active in the international development of Bioethanol since 2005 with activities in The Netherlands, Brazil and U.S. He has lead global trading operations the last 12 years and has held several conferences in relation with Commodity markets, Ethanol markets and Risk Management.

Abstract

Ethanol markets are mainly a function of local supply and demand and individual blending mandates. However there are non-mandatory markets that demand ethanol without the need of government intervention and purely for the octane value of Ethanol. Global trade flows appear not only because of supply and demand of the Big Three (US, Brazil and Europe) but also for many other different demands around the world. Crude prices and sugar prices play also a very important role in the price of ethanol and therefore in the market dynamics.

Even with the major opponents lobbying, whether 1G, 1.5G or 2G Ethanol continues its steady path forward as is the unique and quickest solution for reducing Greenhouse Gas emissions and improve air quality immediately. 

Review of existing regulatory matters and proposals being discussed in the main Ethanol markets.