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UK chancellor promises ‘no higher taxes at petrol pump’ next year in Autumn Budget
UK Chancellor of the Exchequer Rachel Reeves has confirmed that fuel duty will not rise in 2025, keeping the previous 5 pence-per-liter discount in place.
October 31, 2024
·
By Alexandra Chapman
Insights
European Commission’s €4.8 billion net-zero investment benefits maritime sector
The European Commission has committed €4.8 billion from emissions trading revenues to support 85 innovative net zero projects through its Innovation Fund, raising its total investment to €12 billion.
October 24, 2024
·
By Alexandra Chapman
Insights
Unlocking true SAF market value: Fastmarkets’ new SAF price insights, production cost analysis and market outlook
What we’ve learned from our webinar
October 22, 2024
·
By the Fastmarkets team
Insights
India’s corn trade braces as ethanol mandate hike fires competition fears
India’s corn consumption could spike in 2025 amid expectations that the government may hike its ethanol mandate and force increased use of the grain, trade sources told Fastmarkets in the week to Friday October 11
October 14, 2024
·
By Timothy Worledge
Insights
SAF to account for 12% global aviation energy demand by 2050, said DNV
Sustainable aviation fuels (SAF) will start to see increased uptake from the 2030s and will account for up to 12% of world aviation energy demand by 2050, according to the 2024 Energy Transition Outlook published by Norwegian classification organization DNV on Wednesday October 9
October 11, 2024
·
By Alexandra Chapman
Insights
European Commission report details $45 billion for clean energy, $800 million for hydrogen by 2030
The European Commission plans to boost the EU’s clean energy transition with an investment of €720 million ($802 million) into its hydrogen sector, while the battery sector continues to grapple with a €19 billion trade deficit, Fastmarkets has heard
September 27, 2024
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By Julienne Raboca
Insights
UK’s NorthPoint SAF facility uncertain as project developer files for bankruptcy
The future of the NorthPoint sustainable aviation fuel (SAF) facility in the UK could be in the balance after sources told Fastmarkets last week that project developer Fulcrum BioEnergy has filed for bankruptcy
September 26, 2024
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By Alexandra Chapman, Wendy Dulaney
Insights
European Commission energy report highlights progress in renewable energy but downplays biofuels
The European Commission published its annual State of the Energy Union Report 2024 on Wednesday, September 11, outlining the EU’s progress toward the clean energy transition and climate goals
September 16, 2024
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By Misha Simonovska
Insights
US aims to increase SAF output by 12,000% and lead the renewable fuel transition in aviation
Read how Fastmarkets is stepping in with industry-leading market intelligence
September 3, 2024
·
By Yolande Peters
Insights
UK to provide £13.5 mln to support supply chain while Tata Steel transitions to green steelmaking at Port Talbot
The UK is to provide funding of £13.5 million ($17.3 million), to support supply chain businesses and workers affected by Tata Steel’s decarbonization plans for its Port Talbot steelworks in south Wales, the British government said on Thursday August 15
August 15, 2024
·
By Darina Kahramanova
Insights
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