The Independent Pricing and Regulatory Tribunal of NSW (IPART) has two ongoing roles under the amended Biofuels Act:

  1. to determine, and periodically review, a ‘reasonable wholesale price’ (wholesale price) for ethanol for use in the production of petrol-ethanol blends such as E10, and
  2. to monitor the retail market (including prices) for petrol-ethanol blend and make reports to the Minister for Innovation and Better Regulation (the Minister) on the effect of a determination of the reasonable price for wholesale ethanol

This report presents our draft findings on the retail market for E10, along with our draft findings on the wholesale ethanol market and the form of price regulation needed in that market.