150Establishment of renewable fuel scheme

150 Establishment of renewable fuel scheme

150 Establishment of renewable fuel scheme

(1) The object of this Part is to create a financial incentive to increase the production of green hydrogen and other renewable fuels.

(2) Each of the following (a scheme participant) is required to participate in the renewable fuel scheme—

(a) a gas retailer,

(b) an end user.

(3) A scheme participant is required to surrender certificates in relation to each compliance period in accordance with this Part.

(4) The renewable fuel scheme commences on 1 January 2027.