SoDuring the year, sugarcane-based bioethanol and corn-based bioethanol received authorizations for increases in February, April, May, September, and Octoberaccumulating an increase of 99.62% so far this year.
In the case of both varieties of bioethanol, however, The Secretariat has the power to use an alternative and exceptional mechanism, in cases where “substantial mismatches” with the costs are verified. production of said fuel.
In August 2021the Government put into force the new Biofuels Regulatory Frameworkwhich will govern until 2030 from Law 27,640 who arranged new parameters for mandatory gasoline and diesel cut-offsand created the Special Commission for the development of the sector.
Through it, it was established a mandatory minimum cut of 12% bioethanoland one eventual reduction to 9% with gasoline. In the case of fuel made from sugar canethe volumes must be 6% of the mandatory minimum mixsame percentage for corn-based bioethanol.
In November, the price of sugarcane ethanol had increased by 4.7% and in the last 12 months, the cumulative price increase for gasoline is 52%, while for diesel it is 74%. which gives an average of 62% of the increase in fuels.
However, representatives of the sector ask to increase the participation of biodiesel in transport and seek to increase the biofuel content of 20% in diesel.
Source: Ambito
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