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to-the-point: Brazil wants more small farms in biodiesel auctions

Author: United Soybean Board.

July 31 (Renewables Now) - Brazil's Ministry of Mines and Energy has taken measures to encourage more the participation of small farms in the country's biodiesel auctions.

It published on Monday an ordinance that simplifies the process of participation in the auctions. The government also intends to ensure diversity in the sector, avoid market monopoly and create more biofuels jobs, thus promoting regional development, it stated.

Under the new guidelines, 5% to 10% of the total volume awarded in future biofuel tenders should be purchased primarily from small producers. The ordinance is expected to benefit producers with an average capacity of up to 70 million liters (18.5m gallons) per year, the ministry noted.

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Browse all articles from Lucas Morais

Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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