In a consultation earlier in 2022, a number of changes were being considered that will make the PRN system more robust. There is no need for members to be familiar with the changes but here is a link https://consult.defra.gov.uk/packaging-extended-producer-responsibility/reforms-to-the-prn-and-pern-systems/
- Perhaps most important for producers, the PRN system needs to remain in place until the EPR(Extended Producer Responsibility) system is in place and fully working. This is estimated to be until at least 2026 / 27.
- All recyclers / exporters of packaging waste will have to be registered AND if they wish to issue PRNs they will need to be accredited, as well as passing an operator competence test. The Government is looking to see if digital waste tracking could also help to reduce fraud.
- The Government is also seeking to reduce the volatility of PRN prices that may include:
- A requirement to report PRNs on a monthly basis (to make it more transparent when there is a genuine shortage of PRNs)
- A requirement to report PRN revenue on a monthly basis (to make prices more transparent)
- A shelf life for PRNs (to prevent sellers from hoarding PRNs to push prices up)
- Whether the PRN cycle should allow PRNs to be traded more freely at the end of a year if there is a shortage in a particular material
- A technical competence test for scheme operators, reprocessors and exporters
- The Government also sought views on the impact of the Deposit Return Scheme that will take drinks containers out of the PRN system and
- Asked whether we need a ‘compliance fee’ for producers that fail to buy sufficient PRNs
For more information, please visit the consultation site: https://consult.defra.gov.uk/packaging-extended-producer-responsibility/reforms-to-the-prn-and-pern-systems/