153Scheme participant’s individual certificate target

153 Scheme participant’s individual certificate target

153 Scheme participant’s individual certificate target

(1) A scheme participant must, before 1 March in each year, calculate the number of certificates the scheme participant must surrender in relation to the previous compliance period (the individual certificate target) using the following formula—

(2) The individual certificate target is calculated on the basis of one certificate for each gigajoule of renewable fuel.

(3) The number of certificates must be rounded up or down to the nearest whole number, and an amount of 0.5 must be rounded up.