Markets

The U.K. Trade Remedies Authority on March 17 announced it has initiated an anti-dumping investigation and a countervailing investigation into imports of hydrotreated vegetable oil (HVO), commonly known as renewable diesel, from the U.S.

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The Canada Boarder Services Agency on March 6 announced it is initiating investigations into alleged dumping and subsidizing of renewable diesel from the U.S. The announcement follows complaints filed by Tidewater Renewables Ltd. in 2024.

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The U.S. exported 27,421.8 metric tons of biodiesel and biodiesel blends of B30 or greater in January, according to data released by the USDA Foreign Agricultural Service on March 6. Biodiesel imports were at 9,922.4 metric tons for the month.

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Lawmakers in both the U.S. House of Representatives and the U.S. Senate on March 6 reintroduced legislation that aims to ensure that RINs generated for renewable fuel used by ocean-going vessels would be eligible for RFS compliance.

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The U.S. government on March 4 implemented new tariffs on a variety of goods from Canada, Mexico and China, including a 10% tariff on biofuels entering the U.S. from Canada. Future retaliatory tariffs could also impact U.S. biofuel exports.

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The Minnesota Senate Taxes Committee on March 3 voted to approved legislation that aims to extend and expand the state’s existing tax credit for sustainable aviation fuel (SAF), which was established in 2023.

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The U.K. government on March 3 opened a public consultation on a SAF revenue certainty scheme, which aims to reduce financial risks for emerging SAF producers. The scheme complements the U.K.’s SAF mandate, which came into force Jan. 1, 2025.

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CARB on Feb. 18 announced that amendments to its LCFS program that were approved in November 2024 have been put on hold following the California Office of Administrative Law’s decision to disapprove the amendments due to clarity issues.

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Renewable diesel is increasingly replacing petroleum diesel on the U.S. West Coast, where state-level policies are attracting new production capacity and shipments to the region. The fuel continues to mostly be consumed in California.

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ITA postpones REEEAC meeting

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By Erin Voegele

February 17, 2025

The U.S. Department of Commerce’s International Trade Administration on Feb. 12 announced it would postpone a meeting of the Renewable Energy and Energy Efficiency Advisory Committee that was scheduled to take place that day.

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The U.S. exported 19,303.6 metric tons of biodiesel and biodiesel blends of B30 or greater in December, according to data released by the USDA Foreign Agricultural Service on Feb. 5. Biodiesel imports were at 97,4200.7 metric tons for the month.

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The U.S. Department of Commerce’s International Trade Administration has announced the Renewable Energy and Energy Advisory Committee will hold a meeting Feb. 12 in Washington, D.C. The event will also be streamed online.

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Neste is partnering with the Italian fuel distributor Firmin to make Neste MY Renewable Diesel available for the first time in Italy to contribute to the reduction of greenhouse gas emission in the transport sector.

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Neste and KPI OceanConnect, a global provider of marine energy solutions, collaborate on the supply of Neste MY Renewable Diesel to the marine sector in Singapore in partnership with Global Energy for operational delivery in Singapore waters.

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The U.S. exported 16,879.6 metric tons of biodiesel and biodiesel blends of B30 or greater in November, according to data released by the USDA Foreign Agricultural Service on Jan. 7. Biodiesel imports were at 76,519.5 metric tons for the month.

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Tidewater Renewables Ltd. has filed a countervailing (anti-subsidy) and anti-dumping duty complaint with the Canada Border Services Agency. The complaint targets unfairly traded imports of renewable diesel from the U.S.

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The U.K.’s sustainable aviation fuel (SAF) mandate officially came into force on Jan. 1. By law, SAF must now account for at least 2% of all jet fuel in flights taking off from the U.K. The mandate is set to expand to 10% in 2030 and 22% in 2040.

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CoBank predicts that U.S. production of renewable diesel and associated fuels will experience a modest boost in 2025 but cautions that policy uncertainty looms over administration of the RFS program, SREs and the impact of potential tariffs.

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The IEA’s Task 39 group has new research regarding the development and status of the sustainable aviation fuel industry.

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The U.S. exported 18,718 metric tons of biodiesel and biodiesel blends of B30 or greater in October, according to data released by the USDA on Dec. 5. Biodiesel imports reached 70,228.9 metric tons for the month.

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California Senate Minority Leader Brian Jones, R-San Deigo, on Dec. 2 introduced a bill that aims to repeal the Low Carbon Fuel Standard regulations approved by the California Air Resources Board on Nov. 8.

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Aemetis Inc. has announced that its Universal Biofuels subsidiary in India successfully completed delivery of $103 million of biodiesel to the three government-owned Oil Marketing Companies for the one-year marketing period ending Sept. 30.

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EIA: Small volumes of renewable diesel are now consumed on the US East Coast

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By U.S. Energy Information Administration

December 03, 2024

In 2024, the U.S. East Coast became a consistent destination for small volumes of renewable diesel as a few suppliers and local governments began offering or consuming the fuel, according to the U.S. Energy Information Administration.

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The U.K.’s sustainable aviation fuel (SAF) mandate was signed into law on Nov. 18 and is set to come into force on Jan. 1, 2025. The government has also launched a new Jet Zero Taskforce to revamp efforts to make greener air travel a reality.

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The International Trade Administration has announced its Renewable Energy and Energy Efficiency Advisory Committee will hold a virtual opening meeting on Dec. 3. The meeting is the first of REEEAC’s current charter term.

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CARB votes to adopt LCFS updates

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By Erin Voegele

November 12, 2024

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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The U.S. exported 67,975.3 metric tons of biodiesel and biodiesel blends of B30 or greater in September, according to data released by the USDA on Nov. 5. Biodiesel imports were at 88,055.9 metric tons for the month.

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Missouri Attorney General Andrew Bailey on Nov. 1 sent a letter to the California Air Resources Board demanding the agency rescind proposed changes to its LCFS. CARB is expected to vote to adopt proposed LCFS amendments on Nov. 8.

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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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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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