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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.
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]
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.
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.
Drivers have been hit by the average cost of a litre of petrol reaching a record of nearly £1.60. Figures from data firm Experian Catalist show UK forecourts sold the fuel at an average price of ...
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.
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.
Typically, wholesale electricity costs 2 to 5 cents/kWh during the day. [45] Commercial fuel synthesis companies suggest they can produce fuel for less than petroleum fuels when oil costs more than $55 per barrel. [46] The U.S. Navy estimates that shipboard production of jet fuel from nuclear power would cost about $6 per gallon.