Biofuels and bioliquids
In Finland transport sector plays an important role in achieving carbon emission reduction target, in other words, CO2 emissions. Emission reduction possibilities in transport sector have been investigated throughly in recent years in Finland, and several reports have looked at the emission reduction potential, costs and other impacts of various measures. Forest industry sidestreams, waste and residues are potential feedstocks for producing biofuels and bioliquids.
The targets to reduce carbon emissions from transport are set in National Energy and Climate Strategies. The current strategy was adopted in 2016. The target is to increase the share of transport biofuels to 30 per cent.
In Finland all transport fuels distributed contain biocomponents. The amount of these components is based on the limit values set by the national fuel quality regulation and quality criteria standards. Currently, biofuels are some of Finland's top exports.
EU has set targets to increase the use of renewable energy by 2020 and by 2030. By 2020 the target is that share of renewables in transport accounts to 10 per cent of energy content of fuels. The target for renewables in tranport sector by 2030 is set in the new renewable energy directive (RED II). Share of renewables should reach a level of at least 14 per cent of transport by 2030. Conventional biofuels will be capped EU-wide at a maximum of 7 per cent, with additional member state caps if below 7 per cent. The counting of biofuels with a high risk of indirect land use change (ILUC) will be freezed at 2019 levels and gradually phased out from 2023 towards 2030. RED II directive includes also updated sustainability criteria for biofuels and bioliquids. In Finland the Act on biofuels and bioliquids (393/2013) includes provisions on current EU sustainability criteria and the methods used in verifying compliance with the criteria.