Renewable content in fuels

On July 14, 2021, the European Commission (EC) published a proposal to amend the EU Renewable Energy Directive 2018/2001 (RED II) of December 11, 2018, and the Fuel Quality Directive 98/70/EC as amended (FQD). RED III, the proposal is one of the legislative measures the EU aims to apply to meet the increased greenhouse gas (GHG) emission reduction target of 55% by 2030 compared to 1990 levels in all energy-intensive sectors. The proposal has to be approved by the European Council and European Parliament (EP). This process can take about one and a half to two years.

Table below summarizes the key changes proposed in RED III for the transport sector.