The Short Term Energy Outlook (STEO) for July from the US Energy Information Administration (EIA) showed an increase in renewable fuel blending expectations during 2024 for biodiesel, renewable diesel and ethanol.
This could lead to more generation of renewable identification numbers (RINs) this year, Fastmarkets heard on Friday July 12.
The Renewable Fuel Standard (RFS) renewable volume obligations (RVOs), issued by the Environmental Protection Agency (EPA), provide percentage standards that are applied to the initial mandated blending forecast at the time of release.
The percentage standards translate into volumes based on the estimated consumption forecast of gasoline and diesel in the US. The actual RVOs become known over time but use the same percentage standards applied to the original mandate, which created the initial volume expectations.
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10.17.2024
US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables
The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.
10.17.2024
US fats and oils markets quiet amid industry event; DCO production up
The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.
The...
10.17.2024
US animal proteins market steady on October 17
US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.
September USDA Feed Outlook
Grain consuming animal units (GCAUs)...