South African Draft Regulatory Framework

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In January 2014, the Department of Energy (DoE) published a draft position paper that stated it would soon become mandatory to blend biofuels with petrol and diesel.

A summary of the regulations is listed below:

•    2% Mandatory blend from 1 October 2015
•    Government Subsidy Scheme
•    Guaranteed 15% ROA (Return on Assets)
•    Can go up to 20% ROA then contribute back into Subsidy Scheme
•    50% General Fuel Levy exemption
•    Accelerated Depreciation over 3 years (50:30:20)

Click here to download the Draft Position Paper on the South African Biofuels Regulatory Framework