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Proposed e-TOC auction dates

RTFO Order 2009

Renewables Fuels Agency

Legislation

e-TOC auction - RESULTS
The third e-TOC Auction of Renewable Transport Certificates was completed on Thursday, 17th December 1999. Buyer interest was high and a larger volume of certificates were sold than during the last auction.

The average price was 8.5p, significant increase on the last auction.

The next e-TOC auction will take place on Wednesday, 19th March 2010 - the last auction before the end of RTFO period 2 in April 2010.

Proposed e-TOC auction dates
NFPAS propose to run the next on-line e-TOC auction for the sale of certificates on Wednesday, 19th March 2010, starting at 9:00am.

Prospective bidders who register for the auction will be able to visit the auction site up to 24 hours before the start to inspect the certificates being offered.

Renewable Transport Fuel Obligation (Amendment) Order 2009
The order which comes into force on 15 April 2009 sets the obligation levels on total fuel supplied to be:

Year % Obligation Level

2009/10 3.25

2010/11 3.50

2011/12 4.00

2012/13 4.50

2013/14 5.00

Subsequent years 5.00

For the first two periods of the Order the buyout price will be 15p per litre.

Renewables Fuels Agency
Annual report and accounts published 15 July 2009.

Legislation
•  Renewable Transport Fuel Obligation Order 2007

• Renewable Transport Fuel Obligation (Amendment) Order 2009

 
     
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