Greenergy sustainable criteria approved under the EU RED

The European Commission has formally approved Greenergy's gold standard sustainability criteria for Brazilian bioethanol, under the Renewable Energy Directive (RED).

The approval enables major fuel supplier Greenergy to supply all 27-member states with sustainably sourced bioethanol.

Although biofuels being sold in the EU must comply with the RED mandates, countries are interpreting the requirements differently, which makes providing biofuel to all 27 countries on the basis on common standards difficult. The approval of Greenergy's sustainability criteria as a common European standard means Greenergy can now supply certified bioethanol across the board.

'We now have a product that guarantees compliance with all national sustainability requirements. This puts us in the position to supply sustainable bioethanol to customers across Europe and to seek supply partnerships in new markets,' says Andrew Owens, Greenergy's CEO.

Energy Commissioner Günther Oettinger says: 'We need to make sure that the entire biofuels' production and supply chain is sustainable. This is why we have set the highest sustainability standards in the world. The schemes recognised on the EU level today are a good example of a transparent and reliable system which ensure that these high standards are met.'