The Renewable Transport Fuel Obligation (RTFO) is a cornerstone of the UK’s environmental policies to combat climate change and to reduce greenhouse gas emissions from vehicles, by encouraging the production of biofuels that don’t damage the environment.
The RTFO only cover biofuels used in the transport and NRMM sectors. Under the RTFO, suppliers of transport and non-road mobile machinery fuel in the UK have to show that a percentage of the fuel they supply comes from renewable and sustainable sources. Fuel suppliers who supply at least 450,000 litres of fuel/year are affected. This includes both suppliers of biofuels and fossil fuel.
Companies that supply less than 450,000 litres a year in the UK can also register if they want to claim Renewable Transport Fuel Certificates (RTFCs). Any company that supplies sustainable biofuel for use in road transport or NRMM in the UK can obtain RTFCs.
RTFCs are certificates that can be exchanged between suppliers and traders or they can be sold to companies that need them to meet their obligations under the RTFO system.
Aither is a leading market maker of RTFCs providing buying and selling solutions to companies with a compliance obligation as well as to producers of biofuels.