Portugal: Portugal Biofuels Policy and Market
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In 2020, RED II provisions, not yet transposed to Portuguese Law, will increase marketing opportunities for virgin-oil based biofuels. Additionally, the 2030 cap on advanced biofuels produced from waste fats and oils, will force Portuguese biofuel producers to find alternatives to the extensive use of Used Cooking Oils, unless exceptions are granted at the national level. Hence, the duty phase-out on U.S. bioethanol is not anticipated to result in a surge of U.S. bioethanol exports to this market. According to the National Plan for Climate and Energy, over the next decade, electricity along with advanced biofuels and hydrogen will play a prominent role in Portugal's renewable energy transport.
