Abstract: The purpose is to analyze current situation and future developments in the global biodiesel market including Russia. Among the results obtained are the assessment of feedstock, technical standards and production cost of biodiesel and critical analysis of multidiscipline factors influencing global biodiesel market development. For Russia the potentials of biodiesel production and the rates of diesel fuel substitution are estimated. The main vectors of biodiesel market development and state supporting measures are suggested. The conclusion underlines main trends in the world biodiesel market and emphasizes reasonability to concentrate the use of biodiesel in the Russian agricultural sector.

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