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Tag: Rtfc

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. While this…

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Tags: nick primmer, DfT, RTFO, rtfc, buy-out price, 30p, 50p, decarbonisation, biomethane, transport, financial incentives

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

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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 that the RTFO price is…

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Tags: anaerobic digestion, renewable transport fuel obligation, RTFO, rtfc, DfT, Department for Transport, buy out price, decarbonisation, biomethane, nick primmer

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Consultation feed-in request: “Transport decarbonisation plan: call for ideas”

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ADBA are currently compiling their response to the Department for Transport’s (DfT) open consultation “Transport decarbonisation plan: call for ideas”. The deadline for submission 31st August 2020. This consultation seeks ideas, from the industries and public alike, on how the DfT should cut emissions from the UK…

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Tags: anaerobic digestion, biogas, biomethane, RTFO, nick primmer, transport, consultation, decarbonisation, net zero, vehicles, rtfc, Department for Transport, DfT, government policy

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Discussing our policy recommendations with the Department for Transport (DfT)

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At the end of January, ADBA’s policy team met with the DfT’s Principal Sustainability and Compliance Specialist and Policy Advisor to propose a number of policy recommendations that we feature in our upcoming ‘Biomethane: The Pathway to 2030’ report. While the RTFC prices have been…

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Tags: anaerobic digestion, DfT, nick primmer, viktoryia nestserava, rtfc, RHI, biomethane, the pathway to 2030, report, policy recommendations

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RTFC prices reach all-time high of 29.75p

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This January, Renewable Transport Fuel Certificates (RTFCs) have been traded at a price of 29.75p per certificate, just shy of the price cap set at 30p. RTFC value increased substantially through 2019, from ~11p at the start of the year to ~24p by the end. Various geopolitical and economic drivers have…

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Tags: anaerobic digestion, biomethane, RHI, rtfc, RTFO, nick primmer, ADBA

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