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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…

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…

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…

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…

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…

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…

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…

The National Emission Authority (NEa) published its annual energy and transport report covering 2020. We review here the main findings of our analysis. Key 2020 developments were the surge of Fame use by the bunkering sector, the E10 steep uptake and the quick development of biogas. Fame consumption was recorded up 19% to 578 KT:…

The Department for Transport (DfT) launched last week a public consultation opened until April 23: “Amending the Renewable Transport Fuels Obligation (RTFO) to increase carbon savings on land, air and at sea”. We review here the main features of the proposal, which marks the strong will of the DfT to quickly implement a more ambitious…

The DEHSt has released 9 verification reports confirming the actual reductions achieved by 4 projects during various periods in 2020. All of them delivered more reductions than what was announced at the start of the project. This should have an impact on the quota compliance for both 2020 and 2021. We release here the first…