Biodiesel World News

EPA approves carinata fuel pathway for REG’s Geismar facility The U.S. EPA on June 30 approved a RFS fuel pathway filed by Renewable Energy Group Inc. that will allow the company’s biorefinery in Geismar, Louisiana, to generate D4 and D5 RINs for certain biofuels produced using carinata oil feedstock. READ MORE SHARE
USDA: US biodiesel exports up in May The U.S. exported 100,259.3 metric tons of biodiesel and biodiesel blends of B30 and greater in May, up from both 70,214.1 metric tons in April and 82,320.3 metric tons in May 2021, according to data released by the USDA FAS on July 7. READ MORE SHARE
	Clean Fuels highlights job creation, economic benefits of biofuel Clean Fuels Alliance America on July 13 wrote to President Joe Biden and other administration officials to highlight the biodiesel and renewable diesel industry’s contribution to job growth in the clean energy sector. READ MORE SHARE
UK sets 10% SAF goal, launches £165 Advanced Fuels Fund The U.K. government on July 19 released its Jet Zero strategy. The initiative, in part, requires at least 10 percent SAF use by 2030. It also aims to kickstart a domestic SAF industry, supported by a new £165 million Advanced Fuels Fund. READ MORE SHARE
Optimus Technologies authorized to begin California pilot program Optimus Technologies Inc. on July 19 announced CARB's Emissions Certification and Compliance Division has issued executive orders that will allow the company to begin its Stage 1 Pilot Program for the Vector System in California. READ MORE SHARE
European groups comment on key RED vote in Parliament The European Parliament's ITRE Committee members voted decisively in favor of increasing the ambition for GHG emissions reduction in transport while leaving Member States free to use crop-based biofuels in their transport energy mix. READ MORE SHARE
	EIA predicts continued growth in biofuel consumption U.S. biofuels consumption has risen in 2022 and that growth is expected to continue, according to the U.S. EIA's latest Short-Term Energy Outlook, released July 13. Renewable diesel is expected to account for much of the increase. READ MORE SHARE
USDA maintains its forecast for soybean oil use in biofuel The USDA maintained its forecast for 2022-’23 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released July 12. The 2022-’23 soybean outlook is for lower production and lower prices. READ MORE SHARE
EIA: RIN prices for ethanol, biomass-based diesel remain high The prices of RIN credits—a compliance mechanism used for the RFS program administered by the U.S. EPA—have remained high in 2022. So far this year, D4 RINs peaked on April 28 at $1.91 per gallon and D6 RINs peaked on June 7 at $1.68 per gallon. READ MORE SHARE
European Parliament adopts draft SAF targets The European Parliament on July 7 voted 334 to 95 to adopt draft rules for the ReFuelEU initiative, which aims to require sustainable aviation fuel (SAF) to account for at least 85 percent of EU aviation fuel by 2050. READ MORE SHARE
EIA: US ethanol, renewable diesel capacity expands in April U.S. operable production capacity for ethanol and renewable diesel expanded in April, while biodiesel capacity fell slightly, according to data released by the U.S. EIA on July 5. Feedstock consumption was up when compared to April 2021. READ MORE SHARE
Kohler approves use of renewable diesel in its diesel generators Kohler Power Systems, part of Kohler Co., has announced that its entire offering of mission-critical diesel generators is compatible with hydrotreated vegetable oil (HVO). No adaptations to the installed generators are required. READ MORE SHARE