Favourable policies for Advanced Biofuels
RED II will favor waste based fuel with double counting if the raw materials are mentioned on the Annex IX list of the RED II.
Road Transport
Advanced Biofuel market targets set at 3,6% for 2030 will create market in the EU for petrol blending over 1,3 million ton in 2030 (max. amount actually used is 1,8%)
Maritime transport
The NW European inland shipping market has a potential of 5 million ton of methanol and can benefit from the environmental ('methaneslip') and technical-commercial disadvantages of LNG
- RED II decided in 2018
- Favourable for advanced biofuels
- Mandatory targets at 3,6 %
- Capacity shortages expected > 2021
- No Brexit impact
- Double counting for waste based biofuels
- Bio-methanol well introduced (1,8% blends)
- Attractive market for methanol due to volume counting
- Double counting in land transport
- Central register which allow to monetise biofuels of inland shipping
- Point of bunkering determines value generation for shipping (Dutch Law), beneficial for methanol use in inland shipping
- System based on direct CO2 savings
- Bio-Methanol can benefit (direct or via MTBE) of low CO2 values acquired via use of renewable hydrogen