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CARB votes to adopt LCFS updates

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By Erin Voegele

November 12, 2024

PolicyMarkets

CARB on Nov. 8 approved updates to its LCFS that aim to reduce the CI of the state’s transportation fuel by 30% by 2030. The updates also alter how a variety of biofuels, including biobased diesel and RNG, participate in the program.

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In proceedings before California energy and environmental agencies, the Engine Technology Forum called on policymakers to recognize the continued importance of advanced renewable biodiesel fuels.

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Marathon Petroleum Corp. on Nov. 5 confirmed the Martinez Renewable Fuels biorefinery in California remains on track to be operating at full nameplate capacity by the end of the year. At full capacity, the facility can produce 730 MMgy.

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Imperial Oil Ltd. on Nov. 1 confirmed that its renewable diesel project under construction at the company’s Strathcona refinery near Edmonton, Alberta, continues to progress on schedule with startup expected during the first half of next year.

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PBF Energy Inc. on Oct. 31 announced that its St. Bernard Renewables facility produced 13,000 barrels per day of renewable diesel during the third quarter. Production is expected to increase during the fourth quarter.

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CVR Energy Inc. on Oct. 29 announced that the renewable diesel unit at its Wynnewood refinery in Oklahoma processed 19.6 million gallons of vegetable oil feedstock during the third quarter, down from 23.8 million gallons during the same period of 2023.

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The call for presentation abstracts for the 18th Annual International Biomass Conference & Expo, produced by Biomass Magazine, is now open. The event will take place March 18-20, 2025, at the Cobb Galleria Centre in Atlanta, Georgia.

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Phillips 66 on Oct. 29 reported that its renewable fuels segment was impacted by lower margins during Q3, but company officials expect margins to improve moving forward. The company also reported it began producing SAF in September.

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Italian energy company Eni and U.S.-based KKR on Oct. 24 announced an agreement under which KKR will purchase a 25% stake in Eni’s Enilive business, which encompasses the company’s biorefining, biomethane, and smart mobility solutions businesses.

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Staten Island Ferries and NYC Ferry begin testing renewable diesel

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By New York City Department of Transportation

October 25, 2024

New York City officials on Oct. 21 announced that the Staten Island Ferry and NYC Ferry will begin testing the use of renewable diesel fuel, a petroleum-free alternative to traditional diesel fuel that reduces carbon emissions by 60% or more.

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Neste Corp. on Oct. 24 released third quarter financial results, reporting that its renewables segment has been impacted by overcapacity and lower-than-expected voluntary demand for sustainable aviation fuel (SAF).

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Philippines implements B3 mandate

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By Erin Voegele

October 24, 2024

The Philippines on Oct. 1 increased its coco-methyl ester (CME) biodiesel mandate from B2 to B3, according to a report filed with the USDA FAS. The mandate is scheduled to increase to 4% in October 2025 and 5% in October 2026.

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Verne, a provider of sustainable data center solutions for high intensity computing, is transitioning to renewable fuels by using Neste MY Renewable Diesel to power backup generators at data centers in Helsinki, Pori and Tampere in Finland.

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NATSO, representing America's travel centers and truck stops, SIGMA: America's Leading Fuel Marketers, and the National Association of Convenience Stores, are applauding Rep. Mike Carey, R-Ohio, for urging his colleagues to support H.R. 9060.

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The U.S. Energy Information Administration maintained its forecasts for 2024 and 2025 biodiesel production in its latest Short-Term Energy Outlook, released Oct. 8. The forecast for 2025 renewable diesel production was revised down.

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The U.S. exported 81,957.1 metric tons of biodiesel and biodiesel blends of B30 and greater in August, according to data released by the USDA Foreign Agricultural Service on Oct. 8. Biodiesel imports were at 80,543.6 metric tons for the month.

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4 new members join expanded B20 Club in Illinois

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By Illinois Soybean Association

October 08, 2024

The B20 Club, a partnership between the Illinois Soybean Association and American Lung Association, has expanded its membership with four additional organizations that support B20 biodiesel as a low-carbon fuel solution for Illinois communities.

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EIA now publishes additional US biofuel and distillate forecasts

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By U.S. Energy Information Administration

October 07, 2024

Biofuels are making up an increasing share of total distillate fuel oil consumed in the U.S. Beginning in the September 2024 Short-Term Energy Outlook, the U.S. EIA began publishing forecasts that will better capture how biofuels are being consumed.

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National Oceanography Centre trials fossil-free marine fuels

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By U.K. National Oceanography Centre

October 04, 2024

The U.K.’s National Oceanography Centre is trialing the use of a fossil-free marine diesel to fuel the Royal Research Ships (RRS) James Cook and Discovery. The trial is funded by the U.K.’s Natural Environment Research Council.

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NORDEN and BHP have entered into a lower CO2 emission biofuel arrangement for approximately 1,000 metric tons of 100% biofuel (B100) to be used on a voyage from Hay Point, Australia to Rotterdam, Netherlands on the Capesize vessel NORD Steel.

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Vertex Energy Inc. has filed for Chapter 11 bankruptcy and is exploring the possible sale of its refinery in Mobile, Alabama. The move comes only months after the company announced it would shelve renewable diesel production.

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NREL research points path to higher blends of biodiesel

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By National Renewable Energy Laboratory

September 20, 2024

Barriers that are currently preventing the use of greater percentages of biomass-based diesel fuel blended into petroleum diesel have been identified, along with strategies to overcome them, according to researchers at NREL.

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Global Partners, a leading independent energy supplier and retail operator, is making renewable diesel available at the East Haven terminal, where Global leases storage to support its bioheat and renewable diesel business.

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A report filed with the USDA FAS Global Agricultural Information Network discusses how China’s domestic biobased-diesel industry has been impacted by the European Union’s provisional antidumping duties on biodiesel and renewable diesel.

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Valerie Sarisky-Reed, director of the U.S. Department of Energy’s Bioenergy Technologies Office, discusses ways her agency is doing its part to strengthen America’s bioeconomy and supply chain to support clean energy innovation.

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Neste has revised down its 2024 guidance for renewable products, citing substantially reduced diesel prices. The company said waste and residue feedstock prices have not decreased and renewable product market price premiums have remained weak.

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The U.S. Energy Information Administration on Sept. 10 began publishing new monthly forecasts for biodiesel and renewable diesel to better capture how biofuels are being consumed and overall demand for distillate fuels.

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Cepsa has undertaken its first direct supply of second-generation biofuels for the cruise industry at the Port of Barcelona. The supplied fuel contains a 24% sustainable component and has been produced from used cooking oil.

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SABR submits comments on proposed LCFS cap for soy, canola biofuels

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By Sustainable Advanced Biofuel Refiners Coalition

August 29, 2024

The Sustainable Advanced Biofuel Refiners Coalition, a national biodiesel trade association made up of nearly 60 organizational members, submitted comments Aug. 27 to CARB on proposed changes to the state’s LCFS.

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The U.S. DOE on Aug. 28 released its annual U.S. Energy and Employment Report, reporting that employment in the renewable diesel sector grew by an impressive 7.3% last year, the fastest growth rate in the U.S. fuels sector.

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