Europe’s Transport Sector Sluggish in Adopting Biofuels, Report Finds
by Tildy Bayar (Renewable Energy World) In advance of a vote on a European directive that will shape the Union’s future policy for biofuel use in the transport sector, an annual report published today by renewable energy analysis group EurObserv’ER shows a far from booming market.
Despite ongoing uncertainty around biofuels legislation, EurObserv’ER’s Biofuels Barometer called market growth solid, finding that incorporation of biofuels into Europe’s transport sector grew to almost 14.4 million tonnes of oil equivalent (toe) last year, a year-on-year increase of 0.4 million toe. But, the Barometer pointed out, this figure continues previous years’ weak growth, with consumption in the transport sector growing by just 2.9 percent in 2012.
The group offers a double explanation for the sluggish growth: that the economic crisis has forced some importing countries to reduce the level of biofuel they can incorporate into their transport sectors, and that uncertainty surrounding forthcoming legislation has slowed the market. READ MORE