As the trilogue negotiations on the revision of the Renewable Energy Directive (RED III) are progressing, ECSA calls on the Parliament and the Council to ensure that the requirements on fuel suppliers in RED III match the requirements placed on shipowners by FuelEU Maritime, reports Fathom World.
Fuel supply requirements to align with FuelEU
According to ECSA, this is crucial to ensure that sufficient quantities of alternative marine fuels are made available on the market at an affordable price.
In particular, European shipowners support:
- The inclusion of a sub-target for biofuels, biogas and RFNBOs for the maritime sector for fuel suppliers to produce the types of fuels in the volumes needed to decarbonise the shipping sector.
- The existing multiplier of 1.2 for specific fuels supplied to the maritime sector, as already included in RED II.
Commenting on RED III, the Association of European Renewable Energy Research Centers (EUREC) defends the 5% innovative renewables target in EU’s Renewable Energy Directive (RED III).
It specifically demonstrates that it is right to attend to innovative technology as part of intensifying push towards renewables, that the 5% innovation target well formulated and implementable with existing EU laws and by building on approaches already used in some Member States.
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Source: Fathom World