Impacts of higher biofuel components on the EU refining sector
The European Commission asked Vivid Economics, in a consortium with ICF International, to analyse the impacts of raising the biofuel energy share in 2020 and 2030 on the EU refining sector. The work used Vivid Economics’ Full Industrial Market Model for the EU refining sector and estimated changes in consumer prices, EU diesel and petrol production and imports, EU refinery margins and exit. The work was presented to stakeholders in Brussels.
Date: March 2016