Renewable Fuel Standard (2015-2020)

Name of policy Renewable Fuel Standard (2015-2020)
Jurisdiction Country
Supranational region
Country Korea (South)
Region Asia

Subnational region or state
City or local
Policy objective
  • Mitigation
Type of policy instrument
  • Regulatory Instruments
    • Obligation schemes
    Sector name
    • Transport
      • Heavy duty vehicles
      • Light duty vehicles
    Policy description RFS mandates oil refiners and oil importers and exporters to blend certain amount of new and renewable energy fuel into their transportation fuels. Mandatory RFS: The 2nd Medium and Long-Term Biodiesel Promotion Plan was established in 2010 and the oil tax exemption ended in 2011. It has become mandatory to mix biodiesel for 2~5% of the total transportation fuel since 2012 under the Notification on Quality of Diesel of Petroleum and Petroleum Substitute Fuel Business Act (Dec 30, 2011).


    - 3% biodiesel blending by 2020

    Policy type
    • Renewables1
    Policy stringency
    Implementation state Implemented
    Date of decision 2013
    Start date of implementation 2015
    End date of implementation 2020
    High impact GHG reduction
    Impact indicator

    Source or references
    Supports policies
    Is supported by policies
    Comments (background and assessment) Target: requiring the biodiesel blending requirement of 2.5% in 2015 and 3.0% by 2018.
    Status Final

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