The French government has lifted the minimum mandatory share of biofuels blended into regular motor vehicle fuel to 7.9% in 2019 and 8.2% in 2020.
This is part of the 2019 finance bill, passed by the French National Assembly in December 2018. The move was welcomed by French company Global Bioenergies (EPA:ALGBE), which said in a press release last week the ambitious, sustainable progression will ensure a steady increase in the consumption of biofuels in the country.
The minimum blending requirement for fuels like biodiesel and ethanol was 7.5% in 2018, while France's target for 2030 is 15%. Local feedstocks will have priority as the country progresses towards that goal. The finance bill for 2019 also contains provisions to support biofuels production from residual or lignocellulosic matter.
Article by Renewables Now: France raises biofuel blending mandate for 2019, 2020
France raises biofuel blending mandate for 2019, 2020