Important information on the balance of raw materials declared in 2023 in the RED BP system

We would like to inform you of a technical error in the RED BP system, detected during the verification of historical data, which caused some participants to be previously shown as having their 2023 balance covered, when in fact there was a shortfall. This technical error has now been corrected.

This discrepancy represents around 4% of the total 2023 RED BP raw materials volume and in the context of the market is well within the error margins allowed by the Centralised Biofuel Trading Rules.

Important! If this error has resulted in a shortfall in your 2023 balance, you do not need to take any further action at this time, and these discrepancies will not be subject to trading restrictions from 1 March this year.

For the time being, we invite you to focus on the 2024 data declaration. As a reminder, it is imperative to ensure that all 2024 data is declared correctly by 1 March this year, as after this date trade restrictions will apply to those with a negative 2024 raw material declaration balance.

We apologise for the situation and understand that this discrepancy may raise questions and we will contact each participant affected by the technical error individually.

If you have any questions, we are ready to help.