UPM Biofuels welcomes initial agreement on Renewable Energy Directive

June 24, 2018 |

In Finland, UPM Biofuels welcomes the initial agreement on the revised Renewable Energy Directive as it creates an obligatory advanced biofuel blending mandate in all EU Member States starting at 0.2% in 2022, double counted, and rising to 3.5% in 2030.

“The UPM Lappeenranta Biorefinery, the world’s first to produce wood-based renewable diesel on a commercial scale, has proven the potential as a significant producer of truly sustainable advanced biofuels. UPM BioVerno, which reduces GHG emissions up to 80% compared with fossil fuels, has found a solid market place. The agreement will further boost interest in the most sustainable biofuels and strengthens the position of advanced low-ILUC fuels, such as UPM BioVerno, that have minimal risk of causing indirect emissions or land use change,” says Sari Mannonen, Vice President, UPM Biofuels.

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