Latest News

The Energy Agency’s annual report was finally published, highlighting a temporary reduction of HVO consumption, mainly due to the HVO100 setback. Fame demand was up 23%. A total of 1.34 million mt of HVO* have been absorbed by the Swedish market in 2019, down 8% compared to 2018. This is actually the second year in…

Our sources at French Ministries directed us towards the third “Loi de Finance rectificative 2020” (third rectified budget law for 2020) to confirm that a new incentive has been granted to Fame -10° for the August-December period. We explain it all here. The new text of law was published on July 31 in the Official…

The EU Commission (DG Ener) mandated a consortium led by E4tech to assist in the evaluation of biofuels feedstocks which could, in line with the article 28 of the REDII Directive, be added to the Annex IX. During the past two months and until May 24, stakeholders have been consulted about the potential inclusions to…

On March 19, RME Fob ARA and rapeseed oil ddp NWE prices were recorded at the same level (USD 775/mt), illustrating the gravity of the biodiesel market situation. Since the virus outbreak, energy prices have fallen much quicker than vegetable oils, forcing some biodiesel sellers to get rid of positions with a massive loss. As…

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…

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…

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…

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…

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,…

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…