The article discusses the current state of biofuel certificates in the global market. According to various reports from Quantum Commodity Intelligence, the prices of these certificates have generally remained stable, with only a few exceptions.

In the Dutch market, prices have increased, while in the UK and Germany, prices are mixed. This suggests that the market is experiencing some fluctuations, but overall, the prices are still largely stable.

One notable exception is the 2025 HBEs (HandelbarerBio-Energieschein), which has seen an increase in price. This could be attributed to increasing demand or a shortage of supply in the market.

The THGs (Transportation and Heating Certificates) have dropped back in price, which may be due to a decrease in demand or an increase in supply.

Biofuel certificates are typically used to comply with environmental regulations and guarantee the use of renewable energy sources. They are traded on several exchanges, including the European Union’s Emissions Trading System (EU ETS) and the International Maritime Organization’s (IMO) global emissions market.

The prices of these certificates are influenced by a range of factors, including:

1. Supply and demand: Imbalances in the market can cause prices to rise or fall.
2. Regulation: Changes to environmental regulations can affect the demand for biofuel certificates.
3. Weather: Extreme weather events, such as heatwaves or cold snaps, can impact energy demand and prices.
4. Global economic trends: Economic downturns or upturns can affect energy demand and, subsequently, biofuel certificate prices.

Overall, the market for biofuel certificates is complex and influenced by numerous factors. While prices may fluctuate in the short term, the long-term trend appears to be stable, with overall demand for renewable energy sources driving the market.