This report investigates into the extra cost that the implementing measures of the Fuel Quality Directive - if they are adopted according to the proposal of the European Commission - will imply for the oil industry and for the whole supply chain. It finds out that - for a typical 50-litre fuel fill-up - the added cost for consumer would be of half a Eurocent.
The report also concludes the industry claims that EU refineries will have to shut as a consequence of the implementing rules of the FQD are unfounded and that there will be no discrimination between EU and non-EU refineries. In fact, all refineries will be treated equally, and the implementation of the directive will generate a price-differencial mechanism that will favour low carbon fuels while making high carbon ones less attractive for the EU market.
Biofuel demand continues to grow worldwide despite being responsible for 16% more CO2 emissions globally than the fossil fuels they replace. Using jus...
For the first time ever, Cerulogy, on behalf of T&E, looks at the global biofuels landscape today and what a growing market will look like in 2030.
Assessing the new Low-Carbon Fuels Delegated Act and the case for prioritising RFNBO hydrogen