Why now?

The UK has signed up to the Kyoto Protocol targets and the EU targets more recently announced in Jan 2008. These require significant reductions in CO2 emissions.

The UK Government was already moving in this direction and introduced legislation (Renewable Transport Fuel Obligation Order 2007) in October 2007 to require fuel suppliers to supply a minimum amount of renewable transport fuel from April 2008.

The minimum level is a 2.5% (by volume) biofuel blend of total fuel sales from April 2008 rising to a minimum of 5% (by volume) from April 2010.

The RTFO applies a penalty and incentive system to encourage compliance. The penalty for not blending is presently set at 15p a litre. Biofuels also have a 20p per litre lower duty. This delivers an immediate 35p a litre advantage against unblended fossil fuels.

This support is guaranteed until April 2010. From then a minimum 30p/litre advantage is guaranteed.

Similar supportive mandate in the European Union with targets for biofuel use at 5.75% (by energy – 8% by volume) blend by 2010 and a desire to raise this to 10% by 2020. BP has announced that it is building its own Bioethanol facilities. Shell is taking all of the Ensus plant production when ready.

There is commercial and legislative demand for Bioethanol!

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