Biofuels Digest · News
Germany, Austria, Luxembourg Commit $2.25B to eSAF Market
Published:
English editorial record · proofuel
Key points
- Germany, Austria, and Luxembourg announced a joint eSAF funding scheme featuring a double-sided auction mechanism to bridge price gaps.
- Germany will provide up to $2.25 billion, while Austria and Luxembourg will each contribute up to $67 million to facilitate investment in new production facilities.
Summary
Germany, Austria, and Luxembourg announced a joint eSAF funding scheme featuring a double-sided auction mechanism to bridge price gaps. Germany will provide up to $2.25 billion, while Austria and Luxembourg will each contribute up to $67 million to facilitate investment in new production facilities.
Original source title
Germany, Austria, Luxembourg commit over $2.25 billion to back development of eSAF market
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