Act on Biofuel Blending Obligation
Summary
The Act provides for companies that sell petrol E5 or E10 or diesel oil to integrate in the fuel mix a volume of sustainable biofuels within one calendar year. The quota obligation applies to all registered oil companies offering petrol or diesel products for consumption. The providers of petrol E5 or E10 or diesel fuels have to ensure that biofuels make up a certain volume (see below) of the company's total annual sale of fuel by the end of each calendar year. The following volumes apply: E5: 4% v/v, E10: 9% v/v, and Diesel: 6% v/v. If a provider fails to fulfil the quota, they must pay a fine of EUR900 (USD1,129) per 1,000 litres of biofuels that was not blended with the annual amount of petrol or diesel products sold.
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The summary of this document was written by researchers at the Grantham Research Institute . If you want to use this summary, please check terms of use for citation and licensing of third party data.
