buy out price

RTFO buy-out price increase to 50p/litre confirmed

This week, the Department for Transport (DfT) confirmed that it will increase the Renewable Transport Fuel Obligation’s (RTFO) buy-out price from 30p/litre to 50p/litre, to help protect the scheme’s annual carbon savings and support producers of biomethane and other low carbon fuels.…

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DfT moves to increase the RTFO buy-out price to 50p

Last week, ADBA responded to the Department for Transport’s (DfT) consultation “Increasing the RTFO buy-out price to ensure continued GHG savings”, stating and justifying our strong support for such a change. DfT recognise that current market conditions, i.e. the fact…

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