SOURCE: U.S. Energy Information Administration
August 15, 2024
BY Erin Voegele
The U.S. was home to 22 renewable diesel plants with a combined 4.328 billion gallons of annual production capacity as of Jan. 1, 2024, according to data released by the U.S. Energy Information on Aug. 15.
When compared to the previous year, renewable diesel capacity increased by 1.328 billion gallons per year and five new biorefineries were brought online.
More than 52% of U.S. renewable diesel production capacity is located along the Gulf Coast, with 29% located in the West Coast region, 9% located in the Midwest, 9% located in the Rocky Mountain region, and less than 1% located in the East Coast.
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Additional data is available on the EIA website.
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More than 1.76 billion renewable identification numbers (RINs) were generated under the Renewable Fuel Standard in January, down from 1.91 billion generated during the same period of 2024, according to data released by the U.S. EPA on Feb. 20.
The U.S. EPA on Feb. 20 released updated small refinery exemption (SRE) data showing that 13 previously denied SRE petitions for Renewable Fuel Standard compliance years 2021 and 2022 are being reconsidered. No new SRE petitions were filed.
OMV Petrom has announced the start of construction for a sustainable aviation fuel (SAF) and renewable diesel (HVO) production unit at the Petrobrazi refinery in Romania. The new facility will have an annual capacity of 250,000 tons.
CVR Energy Inc. released fourth quarter financial results on Feb. 18, reporting reduced renewable diesel production. The company also said it is pausing development of SAF capacity pending clarity on government subsidies.
The U.S. EIA reduced its forecast for 2025 biodiesel production in its latest Short-Term Energy Outlook, released Feb. 11. The forecasts for renewable diesel production and the production of other biofuels, including SAF, were maintained.