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Abengoa’s CEO says lack of EU policy support weighing on ethanol prices

August 14, 2014 |

In Spain, Abengoa’s CEO says the lack of policy support for biofuels in the European Union has led to unsustainably low ethanol prices. Platts reports strong blending economics during the first half of 2014 with the discount to Eurobob gasoline hitting a four-year low of $180.61/cu m on July 8. The EU has been unable to finalise biofuel targets to 2020 or beyond.

 

Category: Policy

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