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SA looks to kickstart its biofuels industry

The tabling of the biofuel framework is to be approved before March 2019.

South Africa hopes to finalise its biofuels regulatory framework by March next year, the energy minister said on Monday, almost a decade after the policy to promote biofuels like ethanol and biodiesel was first approved.

A net importer of crude, Africa’s most industrialised economy wants biofuels initially to meet 2%, or about 400 million litres, of the country’s annual fuel consumption to wean itself off oil imports and improve the trade balance.

However, regulatory uncertainty centred on financial support incentives to manufacturers has choked investment since the approval of a national biofuels strategy in 2007.

“The department will be tabling this biofuel framework to cabinet for its consideration and approval before end of March 2019,” said Jeff Radebe in a speech prepared for an energy conference in Cape Town.

The framework deals with, among other things, the mandatory purchase of biofuels by licensed manufacturers and feedstock plans that do not compromise food security, said Radebe. 

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When oil dropped, biofuels were taken off the table. Now we are back at $80 and wanting to restart biofuels.

Sounds like the CT water issue over again – they were supposed to implement desalination but the rain came. When the drought comes back, desalination will be back on the table.

Seems like a pattern in SA don’t you think?

End of comments.

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