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News

12
Mar
2018
The “UER-Verordnung” has been voted on by the Cabinet and published in the Official Journal at the end of January. The final version reflects what we had previously reported, but a key uncertainty remains about the eligibility of CDM projects to the scheme. The main developments brought by the law are the following: -    ...
29
Jan
2018
The new data released by SPBI for Sep-Nov confirmed the HVO100 segment more than doubled last year. Between 2015 and 2017, this market had been amazingly multiplied by 15 times. The very fast development of the pure HVO segment continued in Q3 and Q4 2017, putting the HVO consumption growth at a solid 36%. We’re now talking about a 1.44 million...
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...