August 7 (Renewables Now) - The Petroleum, Natural Gas and Biofuels Agency (ANP) approved on Tuesday the gradual increase from 10% to 15% of the mandatory share of biodiesel in regular diesel sold in Brazil.
Under the new measure, the blend will increase to 11% starting from September 1, 2019, the agency stated.
According to the schedule provided for in CNPE Resolution No. 16 of 2018, the addition of biodiesel is set to be rising by one percentage point per year through March 2023, when all diesel sold to the final consumer will contain a 15% share of the cleaner fuel.
Due to the introduction of B11, ANP is postponing the 68th biodiesel auction to August 12 as the agency will have to make the appropriate changes to the guidelines, it noted.