Register with us today

and in less than 60 seconds continue your access to:Latest news headlinesAnalytical topics and featuresCommodities videos, podcast & blogsSample market prices & dataSpecial reportsSubscriber notes & daily commodity email alerts

Already have an account?

Log in to register

Forgot Password

Please Note: Platts Market Center subscribers can only reset passwords via the Platts Market Center

Enter your Email ID below and we will send you an email with your password.


  • Email Address* Please enter email address.

If you are a premium subscriber, we are unable to send you your password for security reasons. Please contact the Client Services team.

If you are a Platts Market Center subscriber, to reset your password go to the Platts Market Center to reset your password.

In this list
Electric Power

EU's CO2 cap on new trucks comes into force; set to boost LNG, EV use

Electricity | Energy | Electric Power | Emissions | Renewables

Global Energy Transition: What are the key drivers and hindrances?

Electric Power

Platts Market Data – Electric Power

Commodities | Energy | Electric Power | Emissions | Renewables | Natural Gas | Natural Gas (North American)

Northeast Power and Gas Markets Conference, 14th Annual

Natural Gas

DTE Midstream to buy gathering assets in Haynesville Shale for $2.25 billion

EU's CO2 cap on new trucks comes into force; set to boost LNG, EV use

Highlights

Could double LNG use to 1.1 million mtoe by 2025

Diesel to still dominate truck market in 2030

EU needs HGV power charging grid: Germany

Brussels — The EU rules setting binding limits on CO2 emissions from new heavy-duty trucks have entered into force, paving the way for LNG demand from such trucks to reach an estimated 1.1 million mt of oil equivalent by 2025, as per European Commission forecasts.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

The rules require new trucks to emit 15% less CO2 on average by 2025, and 30% less from 2030, in a move set to boost demand for lower carbon fuels, such as LNG, hydrogen and electricity.

The EC has estimated the curbs could more than double LNG demand from trucks by 2025, compared with 500,000 mtoe in a baseline scenario.

By 2030, the curbs could more than triple LNG demand from trucks to 4.4 million mtoe, up from 1.3 million mtoe in a baseline scenario, according to EC estimates.

Diesel would still dominate the truck market in 2030, however, with an estimated demand of 64.5 million mtoe. But the EC estimated that would be nearly 10% lower than the 71.4 million mtoe projected in a baseline scenario without emission curbs.

Overall, the curbs could save 170 million mt, or 1.24 billion barrels, of oil over the next two decades, accordingto the EC.ELECTRIC OPTIONS The EU will have to expand its charging infrastructure urgently to enable unrestricted cross-border movement for electric powertrain technologies, the Czech Republic, Germany and Hungary said in a joint statement in June.

This will need "a concerted strategy" from the EU and national governments, the statement said.

"Charging infrastructure for heavy-duty vehicles, as opposed to passenger cars, presents new and different challenges," Germany said.

They also called for the EC to carry out a planned review of the rules in 2022 "without preconceived conclusions."

ZERO-EMISSION CHALLENGE

The prospects for zero-emission heavy duty trucks -- either fully electric or hydrogen-fueled -- are more uncertain than diesel or LNG, the EC had said in its impact assessment of the draft rules published last year.

The main barriers are high costs and the lack of recharging and refueling infrastructure.

The new rules will require 2% of new heavy duty trucks to be zero-emission or low-emission -- having tailpipe CO2 emissions significantly lower than average conventional trucks -- by 2025.

The EC will also have to propose new post-2030 curbs in 2022.

The new rules, first proposed by the EC in May 2018, are part of the EU's wider efforts to decarbonize its economyby 2050.

They were signed off by the European Parliament and the EU Council, which represents national governments, in June, and were published in the EU's Official on July 25, entering into force 20 days later on August 14.

Related story: EU rules requiring more low-emission public buses by 2030 in force

-- Siobhan Hall, siobhan.hall@spglobal.com

-- Edited by Manish Parashar, manish.parashar@spglobal.com