Spanish biodiesel mandate drops

The Spanish government has approved a lowering of the mandatory biodiesel consumption target according to a release from the Ministry of Industry, Energy and Tourism.

The target will drop from 7% to 4.1%.

‘It is considered appropriate to revise the mandatory consumption targets for biofuels in 2013 and thereafter, setting targets that minimize the fuel prices and ensure some stability in the sector,’ the release stated.

‘These new goals will minimise the price of fuel and allow time to analyze technological developments necessary to achieve the EU targets for 2020 of 10% renewable energy in transport.'