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In Europe, straight vegetable oil (SVO) costs 150 pence/litre at most supermarkets [11] and somewhat less when bought in bulk direct from the manufacturers whereas diesel costs at least 130 pence per litre (in the UK [12]) to well over that (depends on the year, 1.4 euro is the current market price in central Europe). [13]
In the UK, drivers using SVO/PPO have in the past been prosecuted for failure to pay duty to Her Majesty's Revenue and Customs. The rate of taxation on SVO was originally set at a reduced rate of 27.1p per litre, but in late 2005, HMRC started to enforce the full diesel excise rate of 47.2p per litre.
The blending target for biodiesel for the whole country is 5% or 3.96 million liters per day of B100. The initial intention was to increase by 10% or 8.50 million liters per day in 2012, but for the same reasons mentioned above, the 2011 target was revised and slashed to 3.02 million liters per day of B100.
Petrol reached an average of 166.7p per litre on Sunday, close to its record of 167.3p set on March 22. That was a day before Chancellor Rishi Sunak implemented a 5p per litre cut in fuel duty.
Biodiesel is treated like any other vehicle fuel in the UK and the paperwork required to register as a producer is a major limiting factor to growth in the market. Although since July 2007 home users may produce 2500 litres per year for personal use without registering or paying duty.
The EcoENERGY for Biofuels Program subsidized the production of biodiesel, among other biofuels, via an incentive rate of CAN$0.20 per liter from 2008 to 2010. A decrease of $0.04 will be applied every year following, until the incentive rate reaches $0.06 in 2016.
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Greenergy sells fuel to petrol stations and supermarkets for retail sale, and to transport companies in the UK. It does so in Ireland as Inver as of 2015. [7] The company produces and sells biofuel. It has a 250,000 tonne/300 million litre per year plant at Immingham on the east coast of England where biodiesel is made from rapeseed oil. [2] [8]