Europe biofuels consumption declines for the first time, says EurObserv’ER
In Europe, the EurObserv’ER has released its annual Biofuel Barometer, reporting a decline in consumption of biofuels in Europe for the first time. The decline was attributed to Spain’s incorporation target cuts and Germany’s abolishment of tax exemptions for the biodiesel sector. Some countries, including the U.K., Sweden and Denmark, significantly increased their incorporation rates, while others, such as France, Austria and Belgium kept steady incorporation rates.
The report indicates Germany was the EU’s top ethanol consumer in 2013, with 777,730 tons of oil equivalent (toe), down from 805,460 toe in 2012. The U.K. consumed an estimated 410,791 toe of ethanol last year, up from 388,220 toe the prior year. France was also a top consumer, with 393,541 toe consumed in 2013, down from 417,014 toe in 2012.
Category: Fuels
