Spain producers see bioethanol deficit, diesel glut

Newswire

By Martin Roberts MADRID, Dec 24 (Reuters) - Spanish producers of plant-based fuel forecast they will easily be able to market bioethanol after new legislation comes into force in the New Year, but will still face a surplus of biodiesel due to U.S. imports. Spain's government has a mandatory target of 3.4 percent of automotive fuel used in 2009 to be derived from biofuel -- measured by energy content -- a level that will rise to 5.83 percent in 2010. Renewable energy association APPA ...

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