UK wants 5% biofuel blending cap

In Germany, the head of low carbon fuels economics at UK’s Department for Transport says the country favors winding down the Renewable Energy Directive’s mandate to 5% from the current 10% target for 2020. Doing so would put the RED in line with the country’s Renewable Fuel Transport Obligation that has also been lowered to 5%, rather than following the direction set out by the RED. Dr Christoph Berg, managing director of FO Licht, says that continued policy uncertainty in Europe will weigh on potential investments as well as price pressure due to imports until the situation is cleared up after the next European elections.