Japan: Biofuels Annual
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To meet its 2020 biofuel target amid declining gasoline demand due to COVID-19, Japan increases its average bioethanol blend rate to 1.9 percent. Japan’s market for imported wood pellets continues to expand bolstered by the feed-in tariff (FIT) program, but U.S. suppliers remain on the margins. In June 2020, Japan revised the Renewable Energy Act, including the FIT program and its eligibility criteria. Japan meets its biofuel target via bioethanol use and does not have a national biodiesel program.