Indonesia president-elect Prabowo Subianto is aiming to implement mandatory 50% palm oil-based biodiesel blending by early 2025, which he said would cut fuel imports by $20 billion (€17.9 billion) per year.
Indonesia said it planned to raise the blending to 40% in January 2025, from 35% now, in an effort to reduce fuel imports and lower emission from fossil fuels.
Prabowo takes over in October from incumbent Joko Widodo, whose administration has ordered the palm oil industry to prepare for B50.
"We are at B35 now and we will accelerate to B40, B50," Prabowo said.
"With B50, 50% biodiesel made of palm oil, once we reach B50, that God willing by end of this year or early next year, we will save $20 billion a year, we do not need to send this money overseas."
Indonesia biofuel producer association APROBI said producers would need time to tests the B50 fuel and increase their production capacity to meet the demand.
Do you want to stay informed about the latest European regulations affecting the tank storage sector? If you answered yes there’s no better place for you to be than at @StocExpo on 11-12 March 25.
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@Biofuels_International has announced a list of speakers who will speak at the Conference and Expo as well as the Sustainable Aviation Fuel Summit next year.
https://biofuels-news.com/news/first-speakers-announced-for-next-years-biofuels-conference-and-saf-summit/
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Yvon Bernard and Thomas Plennevaux from @Axens explore the diverse pathways to producing sustainable aviation fuel and the pivotal role of low-carbon hydrogen in enhancing efficiency, reducing emissions and meeting global regulatory demands.
https://biofuels-news.com/news/fuelling-the-future-of-aviation/?v=f
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