Foilsiú
Renewable Transport Fuel Obligation Rates 2024
- Foilsithe: 22 Nollaig 2023
- An t-eolas is déanaí: 12 Aibreán 2025
The Minister for Transport, Eamon Ryan, T.D. has signed off on regulations which establish the Renewable Transport Fuel Obligation (RTFO) rates for 2024.
The regulations are:
- National Oil Reserves Agency Act 2007 (Renewable Transport Fuel Obligation Rate) (Revocation) Order 2023 (S.I. No. 691 of 2023)
- National Oil Reserves Agency Act 2007 (Advanced Biofuel Obligation Rate) (Revocation) Order 2023 (S.I. No. 692 of 2023)
- European Union (Renewable Energy) Regulations 2023 (S.I. No. 693 of 2023)
The regulations, which come into effect on 1 January 2024, revoke current RTFO rates and set the 2024 RTFO rates as:
- renewable transport fuel obligation rate – 21%
- advanced biofuel obligation rate – 1%
- crop cap – 2.3%
- high ILUC-risk feedstock cap – 90% of the total amount supplied in 2019