Favourable policies for low carbon fuels
RED II/III and EU Fuel Maritime are market making regulations for low carbon methanol
Road Transport
Advanced Biofuel market targets set at 3,6% for 2030 will create market in the EU for petrol blending over 1,3 million ton in 2030 (max. amount actually used is 1,8%)
Maritime transport
Many shipowners order methanol-ready ships for sea transport following EU and IMO regulations. Inland shipping will follow at a later stage with the 2030 target for CO2 reduction at 15%
- EU Fuel Maritime creates markets
- Favourable for advanced biofuels
- Capacity shortages expected > 2025
- Double counting for waste based biofuels
- Bio-methanol well introduced in petrol blends
- Attractive market for methanol due to volume counting
- Port of Rotterdam large bunker hub
- Market for inland shipping developping
- Next to EU Fuel Maritime ambitious targets for inland shipping
- System based on direct CO2 savings
- Bio-Methanol can benefit (direct or via MTBE) of low CO2 values acquired via use of renewable hydrogen