Country:New Zealand
Year:2009
Policy status:Ended
Jurisdiction:National
Date Effective:2009
Date Ended:2012
Policy Type:Economic Instruments>Fiscal/financial incentives>Grants and subsidies
Policy Target:Transport, Energy Sector>Electricity Generation>Renewable, Energy Sector>Electricity Generation>Renewable>Bioenergy
Agency:Energy Efficiency and Conservation Authority
URL:http://www.eeca.govt.nz/node/3056
Description:

From July 2009 to June 2012 the Government ran the 3-year Biodiesel Grant Scheme, administered by the EECA to encourage the production of biodiesel in New Zealand. Under the NZ$36 million scheme, grants of up to 42.5 cents per litre were available to biodiesel producers who sold 10,000 or more litres of eligible biodiesel each month.
Although the scheme had some success in boosting the profile and use of sustainable first-generation biodiesel, overall the uptake was much lower than anticipated, with only six producers signing up to the scheme and less than NZ$2 million of grants allocated. The Government’s current focus is to bring forward advanced biofuels rather than first-generation biodiesel, with NZ$42 million being spent on nine research projects from 2008 to 2014.

Related policies:Biofuels Sales Obligation
This record supersedes:Biofuels Sales Obligation

Last modified: Wed, 19 Nov 2014 16:13:28 CET