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News

01
Nov
2017
The CNMC released a document in September that answers the stakeholders’ comments about the project of Royal Decree that will transpose the ILUC directive into the Spanish law.   The 52-pages document constitutes the CNMC’s answer to the stakeholders’ comments received about the draft that circulated in May (see BMR n°200). The CNMC...
15
Sep
2017
The Department for Transport (DfT) published today the main points of the government’s answer to the RTFO and GHG Regulations consultation, both closed on January 22, 2017. Like we announced two weeks ago, the DfT targets April 2018 to implement the changes. The following points are proposed to reform the RTFO: -     ...
21
Jul
2017
The Dutch Emissions Authority (NEA) has just published the annual report for the biofuels use in the country last year. For the first time in three years, the total volume of Fame/HVO used dropped compared to the previous year, despite the increase of the mandate. The report confirms that obligated parties blended less physical biofuels than last...
22
May
2017
A 65-page report released last week by the Ministries of Environment and Agriculture called “Sustainability of palm oil and other vegetable oils,” calls for new measures for segregation of palm oil used in the biofuels complex. Palm-based biofuels would count only for 50% of their energy content. The report was ordered after the publication of...
14
Mar
2017
Local sources familiar with discussions about the renewal of the Swedish biofuels policy revealed new details about the new tool meant to replace aggressive tax breaks before the end of 2018, when they will lapse according to EU decisions (SA 43301) on State Aid released in December 2015. The current plan retained by the government includes the...
31
Jan
2017
The final EPA numbers about 2016 RIN generation are impressive, notably in terms of volumes blended. However, rather than presenting a bullish picture, the analysis of the latest numbers tends to demonstrate that the RIN market is in a worrying surplus situation. This will weigh on S&D drivers, as the absence of the biodiesel blending tax...
21
Dec
2016
CNMC, the institution that issues biofuels certificates, released new figures for the Jan-Jun 2016 period. They clearly dismiss the assertion made by several players claiming that Repsol and Cepsa would have strongly diminished their HVO output this year. A total of 471 KT of Fame/HVO had been consumed in Spain during the first half of the year,...
24
Nov
2016
The government released a decree on November 3 to answer the EU Commission’s reasoned opinion sent at the end of April. This piece of law guarantees that the Portuguese biofuels market becomes an open market. Only few operational details must be discussed and finalized before effective Fame imports can occur. The new decree also cancels the sub-...