Latest News

Sep 2023

Bullish HBE measures proposed

Published on September 05, 2023 on our customer app The Ministry of Infrastructure just opened a consultation about two major changes for 2024, a transitory year before a full revision of the biofuels policy. Greening mobility faster The government wants to support a faster development of renewables in transport. Currently enforced at 19.9% e.c, the blending…

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Aug 2023

Cut to 6% would erase 1 million mt of HVO demand

Published on May 08, 2023 on our customer app 2022 We integrated SCB data for pools’ growth, showing that both diesel (-5%) and gasoline (-0.3%) have reduced further down, well below our previous anticipation We received insider info from the Energy Agency, showing a clear improvement of GHG performance in 2022 for ethanol (5.7 gCO2eq/MJ…

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May 2023

Export figures at all-time high in Q1-23

According to China Custom’s newly released export data, the export quantity in March still maintained at high level. China has seen the best quarterly result ever in Q1-23 for both FAME and HVO. UCO In Q1-23, a total quantity of 434 KT of UCO was exported, 24% higher than Q1-22. The quantity that exported in…

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Dec 2022

Takeaways for 2023 perspectives

What to expect from the evolution of blending mandates in Europe? What products and feedstocks will gain momentum? How will the new compliance alternatives play out? Will newly incentivized sectors create steep competition? Here are our takeaways for 2023 perspectives.   Road mandates will not create much growth in Europe Most of the 2023 promoting…

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Dec 2022

Ticket surplus confirmed at 2.4 million mt CO2eq

The German Customs (Zoll), in charge of the compliance under the THG quota, recently published the 2021 data. As we highlighted before, the Customs do not wish to guarantee full transparency of its calculations; some incoherencies with other sources (BAFA and BLE) remain. However, interesting takeaways can be glimpsed in it. Volumetric figures Customs data…

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Oct 2022

Penalty increase in 2023 drafted

The French government published yesterday the draft law for the 2023 budget. As we anticipated, it confirmed the plan to increase the level of penalty in case of non-compliance from 2023. It also contains mandate increases for both diesel and gasoline. The article 8 of the “projet de loi de finance (PLF) 2023” contains the…

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Jul 2022

Animal fats C1/C2 covered 46% of the biofuels mix in 2021

The Norwegian Environment Agency just published the official figures for biofuels use under the 24.5% vol. mandate last year.  Contrary to many countries in the world, the size of the Norwegian road fuel pool (diesel + gasoline) has not evolved between 2019 (3.9 million cum) and 2020/2021 (3.8 million cum for both years). A total…

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Apr 2022

FQD transposed 13 years after

The Real Decreto-ley 6/2022 de 29 de Marzo, containing measures “of emergency” linked to the national plan in response to the war in Ukraine, was published on March 30, 2022 in the Official Journal. It contains the FQD target obligation, awaited for more than a decade. The Chapter 5 of the Decree (Articles 11 to…

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Feb 2022

UCO supply from US vanishing

Our analysis of the latest available set of Eurostat data showed a massive contraction of the US origination and a strong rebound of the Asian supply. The Union imported 1.26 million mt of UCO under the two main codes (151895+99) during 9M21 as during the same period in 2020, down 2%, amid a harsher competitive…

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Nov 2021

Full ban of crop biodiesel drafted for 2027

The Ministry of Economy has circulated a draft of law aimed at transposing several articles of the RED2 Directive. The text contains a detailed – not to say complex – plan to progressively increase the blending mandates, advanced sub-targets and caps from 2023 to 2030. It also contains a devastating plan for crop-based biodiesel, which…

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