January 10 (Renewables Now) - The French government has lifted the minimum mandatory share of biofuels blended into regular motor vehicle fuel to 7.9% in 2019 and 8.2% in 2020.
This is part of the 2019 finance bill, passed by the French National Assembly in December 2018. The move was welcomed by French company Global Bioenergies (EPA:ALGBE), which said in a press release this week the ambitious, sustainable progression will ensure a steady increase in the consumption of biofuels in the country.
The minimum blending requirement for fuels like biodiesel and ethanol was 7.5% in 2018, while France's target for 2030 is 15%. Local feedstocks will have priority as the country progresses towards that goal. The finance bill for 2019 also contains provisions to support biofuels production from residual or lignocellulosic matter.