# America’s growing bioenergy market needs clearer monitoring and more innovation | articles | ING THINK

> ING reports that bioenergy is growing in the US, with strong potential in carbon capture, renewable diesel and renewable natural gas. The IEA projects bioenergy at 19% of global energy supply by 2050 and expects North American biofuel demand to grow faster than any other region through 2026.

- Date: 2022-05-19 · published 2022-05-19T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/15398-america-s-growing-bioenergy-market-needs-clearer-monitoring-and-more-innovation
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Sustained growth in renewable diesel and biofuel demand supports demand for vegetable oil feedstocks over the long term, though the impact on near-term prices is modest.

## Read by commodity

- SBO: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2020-01-17 | [Palm oil rally sparked by growing biodiesel use in Malaysia and Indonesia](https://feedsoft.ai/events/54957-palm-oil-rally-sparked-by-growing-biodiesel-use-in-malaysia-and-indonesia.md) | -3.1% | -7.4% |
| SBO | 2026-08-13 | [Soy Demand Rises to Meet Large Crop - American Soybean Association](https://feedsoft.ai/events/17962-soy-demand-rises-to-meet-large-crop-american-soybean-association.md) | +0.5% | +0.9% |
| SBO | 2024-11-05 | [Grain and Biofuel Outlook: Biofuels Creating Needed Demand for Ample U.S. Harvests](https://feedsoft.ai/events/27505-grain-and-biofuel-outlook-biofuels-creating-needed-demand-for-ample-u-s-harvests.md) | +4.1% | -8.4% |
| SBO | 2023-12-28 | [Latin American soy crush to rise in 2024 on crop recovery, higher biodiesel mandate](https://feedsoft.ai/events/32785-latin-american-soy-crush-to-rise-in-2024-on-crop-recovery-higher-biodiesel.md) | -0.8% | -2.9% |
| SBO | 2025-07-14 | [July 2025 WASDE a Mixed Bag for Soy Markets - American Soybean Association](https://feedsoft.ai/events/15104-july-2025-wasde-a-mixed-bag-for-soy-markets-american-soybean-association.md) | -0.6% | -1.9% |

## Sources

- think.ing.com: https://think.ing.com/articles/americas-growing-bioenergy-market-needs-clearer-monitoring-and-more-innovation/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.