Policy status:Ended
Date Effective:2008
Policy Type:Economic Instruments>Direct investment>Procurement rules, Economic Instruments>Fiscal/financial incentives>Taxes, Economic Instruments>Fiscal/financial incentives>Tax relief, Policy Support, Policy Support>Strategic planning, Economic Instruments>Direct investment
Policy Target:Framework/ Multi-sectoral Policy, Energy Sector>Electricity Generation, Energy Sector>Electricity Generation>Renewable, Transport>Fuel (conventional and alternative)
Agency:the Ministry of Economy
Legal References:Long-Term Programme for the Promotion of Biofuels and Other Renewable Fuels for 2008-2014 (M.P. of 2007 No 53, item 607);

In order to provide additional support for production of biocomponents and liquid biofuels, the Long-Term Programme for the Promotion of Biofuels and Other Renewable Fuels for 2008- 2014 (M.P. of 2007 No 53, item 607) have been drawn up, which ensures the implementation of Article 37 of the Act on biocomponents and liquid biofuels.

The implementation of the arrangements it contains will improve the cost effectiveness of the process as a whole, from the cultivation of the agricultural raw materials through the production of biocomponents and the manufacture of liquid biofuels and liquid fuels blended with biocomponents, and ending with the use of the biofuels. These arrangements should also ensure a stable operating environment for all entities connected with the biocomponents and liquid biofuels market, which is essential for formulating long-term business plans and to the ability of businesses to raise capital for new investments.

Related policies:Act on biocomponents and liquid biofuels

Last modified: Fri, 16 Sep 2016 11:03:16 CEST