New EU package adopted on the sustainability criteria of biofuels

11/06/2010 09:20 Renewable


The European Commission adopted two Communications and a Decision June 10, encouraging industries, governments and NGOs to set up certification schemes on the sustainability criteria of biofuels, including the imported ones in the EU, as to aid reach the EU target in a sustainable way, the one of getting 20% of renewable energy from total energy consumption.

The new package is part of the Renewable Energy Directive implemented in December 2010. The Commission also highlighted the types of land not to be used in producing biofuels, which are tropical forests, recently deforested areas, drained peatland, wetland and highly biodiversity areas. The EU also pointed out its member states that only biofuels delivering high greenhouse gas savings of at least 35% as compared to fossil fuels, reaching 50% in 2017 and 60% in 2018 will count for reaching national renewable targets.

Daily (05.12.2019): Oil prices skyrocketed about 4% on Wednesday ahead of the OPEC meeting

05/12/2019 10:41:00

Crude oil prices skyrocketed on Wednesday, buoyed by hopes of deeper production cuts from OPEC and its allies and following a larger-than-expected drop in U.S. stockpiles. Brent crude soared by 3.6% to settle at $63 a barrel. WTI crude gained 4.2%, closing at $58.43 a barrel. It was its third straight day of gains, and its best day since September.


France's EDF extends Cruas 2 nuclear reactor outage to Saturday

05/12/2019 09:13:00

French utility EDF on Wednesday extended the outage at its 900 MW Cruas 2 nuclear reactor by two days until Saturday, adding that resumption of power generation could be delayed by ongoing safety checks following an earthquake.


Total to supply LNG fuel to CMA CGM vessels for 10 years

05/12/2019 09:09:00

French energy major Total and compatriot shipping company CMA CGM have signed an agreement for the supply of approximately 270,000 tonnes of LNG per year over ten years.