The Renewable Energy Association (REA) has welcomed the launch of a £25 million government competition to drive the development of advanced biofuels in the UK.
However, it warns that certainty in the framework for current generation biofuels is what investors need to be able to confidently invest in the fuels of the future.
"Advanced biofuels, made using unconventional methods and feedstocks including wastes, can achieve exceptionally high environmental performance," states REA head of renewable transport Clare Wenner.
The UK could certainly take a lead in developing advanced biofuels, spurring growth and creating jobs in a new industry," she adds.
"We urge government to give investors a signal that the regulatory framework for renewable transport fuels will be extended beyond 2020 to at least 2030, to give entrants to the competition assurance that their investments will be underpinned by legislation."
