“By increasing blending of biofuels in diesel to 24% from the beginning of the new year, the government has taken an positive step in climate policy,” says managing director Ketil Thorsen of Preem Norge. The decision from the government also requires that 9% of the bio blend must be advanced biofuel.
“The requirement for 9% advanced bio is in line with the wishes of several fuel suppliers and will be a strong contribution to the reduction of palm oil in biofuels. Thus, the government places Norway in the front lines of the battle against deforestation,” says Thorsen
“From new year’s there is also a requirement that the bio blend rises from 23.1% to 24.5%. This clearly shows the government’s commitment and a long-term pledge to biofuels through a step-by-step escalation. This makes it more predictable for companies – such as Preem – that have invested a significant amount in the future production of biofuel,” adds Thorsen, who emphasises, “the use of bio blends in diesel is an effective and quick way to reduce CO2 emissions from the transport sector, and in this way, to meet Norway’s commitments to reduce emissions from this sector.”