Latest News
Dec 2019
UCOME proposed for DC in 2020
Local sources revealed this week that the Danish Parliament is currently studying a draft of law that would amend the Biofuels Act and introduce major changes to the regulatory environment. After years of delaying, authorities finally do what it takes to comply with the RED target next year. The draft of law will be debated…
Read moreOct 2019
Biofuels quota for shipping studied
Norwegian authorities have released “The Government’s action plan for green shipping” in which increasing the use of biodiesel is clearly mentioned as an important mean of halving emissions from domestic shipping by 2030. As was the case with the aviation sector (0.5% vol. blending obligation from 2020), Norway is seriously thinking about introducing a biofuels…
Read moreAug 2019
HVO market surged in Q1-19
The Air Resources Board (ARB) published the latest update displaying the volumes of biofuels used to generate LCFS credits under the 5% GHG reduction mandate. The consumption of HVO has experienced an impressive leap: + 68% compared to the same period last year. As expected, fulfilling the new GHG mandate in California appears to be…
Read moreJun 2019
Editorial: The washing-machine for fake POS is on
Suspected fraudulent uses of the certification and mass balance systems have been on operator’s minds for years. The UCO complex has always been at the center of doubts, mainly because its supply is so fragmented and its value so high. After weeks of intense rumors, Dutch authorities have finally provided details about an alleged criminal…
Read moreApr 2019
UCOME production accelerated
Official data released by the National Center for Agricultural Support (KOWR) confirmed that UCOME production has doubled each quarter during last year. In parallel, our cross-check with Eurostat data suggests that the physical incorporation of Fame exceeded the 800 KT mark. In Q4-18, a total of 234 KT of Fame had been produced in Poland,…
Read moreFeb 2019
Regulatory framework finalized
This year will mark the rebirth of the Croatian biodiesel market as the new penalty system which, approved recently through a ministerial decree, is now fully operative. Because they face an “environmental fee” in case of non-compliance, obligated parties should work to fulfill as much as possible of the 7.85% e.c and 3% GHG reduction…
Read moreDec 2018
6.2 million cum of PME allocated for 2019
In a move confirming the new willingness to fully enforce the B20 program, the government released the quota attribution for the whole of 2019. All fuel distributors from the non-PSO sector also received volumes, adding a demand of 0.5 million cum/y. The new penalty system should force all operators mentioned in this allocation to perform…
Read moreNov 2018
UCO imports are increasing steeply
Our analysis of the latest Eurostat data available, covering the Jan-Aug period, highlighted an acceleration of the monthly pace. In July and August, the EU imported about 120 KT per month. Most of the growth is currently fuelled by Asian origins. After a very strong 1H-18, imports of used cooking oil under the 15180095/99 codes sustained their growth into July (119…
Read moreSep 2018
Lack of biomethane will support Fame
Market sources explained the mechanism for advanced biofuels pricing, with interesting estimations of the total mandate to be filled in 2018. We complete these information with hard fact gathered from the GSE guidelines covering the application of the March 2, 2018 decree. Sources very familiar with the Italian market confirmed that the share of biomethane…
Read moreJun 2018
Data Highlight Palm Phase-out
The Danish Fuels Industry Association published a detailed energy report for the year 2017. The figures describing the biodiesel feedstock mix show that rapeseed has gained a massive market share compared to palm, the report even mentioning a “phase-out” of the Asian feedstock. In 2016, Denmark had seen a serious flow of palm and PFAD-based…
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