Analysis of Hungarian biofuel supply chain

In the last century the increased energy demand of the world population is a huge amount and this trend is proceeding through the increased energy need of developing countries. The dramatically price growing of fossil fuels represents the fact that the traditional energy sources can’t cover the energy supply of the whole world. Despite the repetitive conflict between food and fuel, use of agrofuels still topical question of nations. The use of renewable energy sources is not only an obligation but also a source of opportunities. In spite of the fact that many nations implement them to the energy structure successfully and in a high measure, some countries couldn’t use them in high quantity however its ecological manner would be optimal. The subject of this paper is the biofuels which can (partly) substitute the fossil fuels in Hungary. During the last years, our country took some steps to stimulate the market of biofuels. This paper, using PEST analysis, focuses on the macro-economic conditions which can determine the success of biodiesel and try to connect with supply chain analysis. Using this two method it would be defined the source of risk which could affect the return of the invested capital to a biofuel unit