|Policy status:||In Force|
|Policy Type:||Economic Instruments>Market-based instruments>Green certificates, Regulatory Instruments>Monitoring, Regulatory Instruments>Obligation schemes|
|Policy Target:||Bioenergy>Biofuels for transport|
|Agency:||National Markets and Competition Commision (CNMC)|
|Legal References:||Order ITC/2877/2008; Resolution dated 8 July 2013, by the Secretary of State for Energy; Resolution dated 27 December 2013, by the Secretary of State for Energy.|
Wholesale and retail operators of fuels, as well as consumers of fuels not supplied by wholesale or retail operators, are obliged to sell / consume a minimal quota of biofuels. The minimal amount is set at a general level (all biofuels) and at a specific level (minimal amount of biofuels in diesel and in gasoline).
Each obligated subject has to present a number of certificates to the national certification entity to prove compliance. Certificates have a value of 1 toe. In case of non-compliance with the targets, a penalty fee applies. In case of over-compliance (some parties selling or consuming more than they are obliged to), the amounts collected from the penalty fees are redistributed by the certification entity proportioally to the subjects that sold / consumed biofuels exceeding their set quota obligation. The Order ITC/2877/2008 regulates the management of the mechanism for the promotion of the use of biofuels and other renewable fuels for transport, defines and sets certain aspects related to the national system for checking biofuel's sustainability, and also states who has an obligation, and how this must be proved by means of biofuels certificates.
The Order ITC/2877/2008 entitled the National Energy Commission (CNE), Spain’s independent regulator of the energy markets, as the certification entity but the Law 3/2013, made changes to the system of regulatory supervision by creating a new body, the National Markets and Competition Commission (CNMC), which encompasses the CNE and other industry supervisory authorities. In energy matters, the Law transfers some functions, including the biofuels certification activities, to the Ministry of Industry, Energy and Tourism. Order IET/2786/2015 of 17 December, modifies Order ITC/2877/2008 removing any reference to individual obligations both those related to consumption targets and compliance with the targets by means of compensatory payments.
Resolution of July 14th 2011 establishes a promotion mechanism for the use of biofuels, and includes hydrobiodiesel. Resolution dated 8 July 2013, by the Secretary of State for Energy, updating for 2013 values used in calculation formulas of compensatory payments related to the biofuels obligation fulfillment, included in Order ITC 2877/2008. Resolution dated 27 December 2013, by the Secretary of State for Energy, updating the annex in the Order ITC 2877/2008.
Last modified: Tue, 02 May 2017 18:46:58 CEST