Fuel Cost Calculator
Estimate the revenue potential from replacing fossil fuel with biofuel.
Shipping gets charged for every tonne of CO2eq it emits, and the rules tighten every few years. Move the year slides and see how the impact of regulations increases.
2026
2026203020352040
€600
€1.314
−€714
+€62
+€345
+€470
+€163
Fossil fuel price
Biodiesel price
Biodiesel price premium
Penalty savings
EU ETS savings
FuelEU surplus revenue
Net effect
1 tonne HFO€1.013
Fuel costs€600
EU ETS allowances€351
FuelEU penalty€62
1,09 tonnes biodiesel, same energy€850
Fuel costs€1.314
EU ETS allowances€6
Surplus revenue (FuelEU pooling or insetting)−€470
In 2026, on voyages within Europe, switching this tonne to biodiesel saves you €163.
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€
Voyage
The calculation assumes a biodiesel well-to-wake intensity of 12 gCO₂eq/MJ. The surplus biodiesel generates under FuelEU is valued at €100 per tonne of CO₂eq; surplus under the IMO NZF follows a forecast path, from €214 per tonne of CO₂eq in 2029 to €334 in 2040. Fuel prices stay flat at entered values; the EU allowance price follows a forecast path, from €111 per tonne of CO₂eq in 2026 to €222 in 2040. The IMO Net-Zero Framework is assumed to enter into force in 2029, using the targets as approved at MEPC 83. The numbers are illustrative for one tonne only.
