Liquid Gas Ireland has welcomed the opportunity to respond to Department of Transport’s Renewable Fuels for Transport Policy Consultation, which sought stakeholder views on the implementation of the Renewable Fuels for Transport Policy Statement published in November 2021.
LGI supports the Department’s policy measure, via the Biofuels Obligation Scheme, to increase the share of renewable energy in the transport sector and to contribute to the reduction of Ireland’s greenhouse gas emissions. In recognising the opportunities that LPG, BioLPG and rDME have to offer in this regard, the Association is calling on the Irish Government to:
- Invest in research and development to support the industry in developing future production pathways and advanced feedstock options, which will act to further promote the sustainability of biofuels supply.
- Consider investment opportunities for indigenous production facilities in Ireland. The Irish market is likely to be dependent on imports in the short-medium term without investment in domestic production but there is significant potential, however, for investment in indigenous production facilities in Ireland.
- Financial incentives should be put in place to attract future investment for the construction of domestic plants, such as a contract for difference scheme, to give investors’ confidence throughout a strong, stable carbon price.
LGI and its member companies look forward to supporting the development of Ireland’s roadmap for the supply and use of renewable fuels in transport energy in meeting targets set out in the Climate Action Plan 2021, and European obligations for renewable energy use in transport.
You can read LGI's full consultation response here.