Special Feature
This is a video report about
World Business: A couple of
years ago, with surging
demand for biofuel from
Europe and riding crude oil
prices, investors rushed to
build plants to turn palm oil
into biodiesel. But with
falling oil prices and
changing opinions towards
biofuel many of those
projects were put on hold.
To adapt, biofuel producers
now have to be a little more
creative.
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Biodiesel in Greece |
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Biodiesel was imported in small amountd from year 1998 to 2000, until recently where 2 biodiesel plants are up for commercial production. |
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The Government intends to blend up to 5% by volume with fossil diesel in local refineries and distribute the product through the existing infrastructure. The biodiesel and the final product are required to meet the specification of EM14214 and EN 590 respectively. |
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For blends above 5%, the Government intends to implement studies on fleet with old diesel engines. |
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The feedstocks used are mainly rapeseed oil, soya bean oil, cottonseed oil, used frying oil and etc. |
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The Government is still in the process of evaluating the detaxation of biofuels. |
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