|Policy status:||In Force|
|Policy Type:||Regulatory Instruments>Other mandatory requirements, Economic Instruments>Fiscal/financial incentives>Tax relief|
|Renewable Energy Policy Targets:||Bioenergy, Biofuels for transport|
|Agency:||Ministry of Environment and Spatial Planning| Ministry of Finance|
|Renewable Energy Description:|
In December 2003, the Excise Law was modified so as to completely exempt biofuels used as motor fuels from excise duty. When blended with fossil fuels, a maximum 5 % exemption from the payment of excise duty can be claimed. Since 2005, excise duty exemption has been combined with a system whereby distributors are obliged to place on the market a percentage of biofuel that corresponds to the national target. The national target for share of biodiesel in total fuel consumption was 2% for 2005, 5 % for 2010 and 7,5 % in 2015.The achieved share of biofuels in 2010 was 2,5 % in 2010 and 2,3 % in 2011.
Last modified: Wed, 12 Sep 2012 12:41:22 CEST