2011 biodiesel production volumes set
September 1, 2010
Barring any changes after a 30-day comment period, the U.S. EPA has set 2011 RFS2 production volumes at 800 million gallons for biomass-based diesel. The EPA also noted that due to an advanced biofuels shortfall, additional biomass-based diesel could be used to fulfill the 1.35 billion gallon advanced biofuels requirement. The EPA estimates that 125 million to 144 million ethanol-equivalent gallons of advanced biofuel will be needed to make up for the shortfall. "We believe that Congress wanted to encourage the development of advanced renewable fuels and allow in appropriate circumstances for the use of additional volumes of those fuels," EPA said.
The National Biodiesel Board pointed out that in the next 18 months, a minimum of 1.145 billion gallons of biomass-based diesel will enter the marketplace due to 345 million gallons still required to meet 2010 requirements. The biodiesel industry remains ready, willing and able to meet the requirements of the program, said Joe Jobe, NBB CEO, adding, "By 2011, much of the uncertainty that has accompanied the start-up and transition of the program in 2009 and 2010 will have been eliminated."
The National Biodiesel Board pointed out that in the next 18 months, a minimum of 1.145 billion gallons of biomass-based diesel will enter the marketplace due to 345 million gallons still required to meet 2010 requirements. The biodiesel industry remains ready, willing and able to meet the requirements of the program, said Joe Jobe, NBB CEO, adding, "By 2011, much of the uncertainty that has accompanied the start-up and transition of the program in 2009 and 2010 will have been eliminated."
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