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EPA: 2.06 billion RINs generated in April

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By Erin Voegele

May 16, 2024

OperationsBusinessPolicy

More than 2.06 billion RINs were generated under the Renewable Fuel Standard in April, up from 1.84 billion generated during the same month of last year, according to data released by the U.S. EPA on May 16.

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The U.S. EPA released updated small refinery exemption (SRE) data on May 16, reporting that no new SRE petitions have been filed under the Renewable Fuel Standard in the past month. A total of 38 SRE petitions remain pending.

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A group of 25 trade organizations on May 15 sent a letter to Treasury Secretary Janet Yellen urging the agency to release guidance for the 45Z clean fuels production tax credit along with any necessary updated GREET models.

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The U.S. Court of Appeals for the District of Columbia Circuit on May 14 upheld the renewable volume obligations (RVOs) set by the U.S. EPA for Renewable Fuel Standard compliance years 2020, 2021 and 2022.

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Iowa Gov. Kim Reynolds on May 9 signed legislation that, in part, boosts funding for the state’s renewable fuel infrastructure program that helps retail fuel stations install equipment to supply higher blends of ethanol and biodiesel.

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The U.S. Department of Energy on May 7 issued a request for information seeking stakeholder input on ways to decarbonize the off-road transportation sector, including through the use of biodiesel, renewable diesel, RNG and other renewables.

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U.S. Senate Agriculture, Nutrition and Forestry Committee Chairwoman Debbie Stabenow, D-Mich., and House Agriculture Chairman Glenn “GT” Thompson, R-Pa., on May 1 released outlines for competing versions of the 2024 Farm Bill.

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The Treasury Department and IRS on April 30 released new guidance on the SAF tax credit and announced the launch of the 40BSAF-GREET 2024 model, which incorporates a pilot-program to encourage the use of climate-smart ag practices for SAF feedstocks.

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On April 29, nine trade associations representing feedstock providers, advanced biofuel producers, and low-carbon fuel customers wrote to the U.S. EPA, urging the agency to propose and finalize robust 2026 RFS volumes by the statutory deadline.

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Nebraska Gov. Jim Pillen on April 24 signed a legislative package that includes a tax credit to support the production of SAF within the state. The tax credit applies to eligible SAF that achieves at least a 50% GHG emissions reduction.

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A coalition of 36 biofuel producers, ag groups, airlines and other SAF stakeholders on April 24 sent a letter to Agriculture Committee leaders in the House and Senate urging them to provide support for SAF in the upcoming Farm Bill.

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The USDA on April 23 awarded more than $43 million in grants through the Higher Blends Infrastructure Incentive Program to support projects that will increase the availability of domestic biofuels in 15 states.

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EcoEngineers on April 15 announced the expansion of its services in compliance with the Canadian Clean Fuel Regulations. The company has been granted a scope extension by the ANSI National Accreditation Board (ANAB).

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Nearly 1.91 billion RINs were generated under the Renewable Fuel Standard in March, down from 1.92 billion generated during the same month of 2023, according to data released by the U.S. EPA on April 18.

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The U.S. EPA on April 18 released updated small refinery exemption (SRE) data, reporting that two additional SRE petitions have been filed under the Renewable Fuel Standard in the past month. A total of 38 SRE petitions are now pending.

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A joint statement issued by President Joe Biden and Japanese Prime Minster KISHIDA Fumio on April 10 outlines the intentions of the two countries to cooperate on expanding the availability SAF including SAF made from ethanol.

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Minnesota begins transition to B20 for summer months

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By Minnesota Soybean Research & Promotion Council

April 15, 2024

Now in its seventh year since the B20 requirements were enacted, the state of Minnesota is beginning its transition toward a 20-percent biodiesel blend (B20) during the summer months.

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Colonial Oil Industries Inc. will pay a $2.8 million civil penalty and purchase and retire 9 million RINs at an estimated price of $12.2 million under a settlement agreement reached with the EPA and Justice Department related to CAA violations.

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Ethanol Producer Magazine announced the keynote speakers for the 2024 International Fuel Ethanol Workshop & Expo (FEW) being held June 10-12, 2024 at the Minneapolis Convention Center in Minneapolis, Minnesota.

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The Startup World Cup, the world’s largest startup pitch competition, will select one winner from Pitch Day at the International Fuel Ethanol Workshop & Expo to compete in the Startup World Cup Finale.

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The RFA is urging federal officials to use a 30-year time frame to account for LUC emissions as they work to complete the upcoming 40BSAF-GREET model, which will be used to calculate emissions reductions for the SAF tax credit.

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The U.S. EPA has rescheduled a planned webinar on the biogas regulatory reform rule (BRRR) provisions of the Renewable Fuel Standard program. The webinar, originally scheduled for April 4, will now take place April 12 from 11:00-3:30 p.m. ET.

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The U.S. Department of Transportation’s Federal Aviation Administration on April 1 opened a $269 million funding opportunity under its Airport Improvement Program. SAF infrastructure projects are among those eligible for the funding.

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Legislation introduced in the Illinois Senate aims to create a technology-neutral clean fuel standard (CFS) that would reduce the carbon intensity of transportation fuels by 20% by 2038.

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The U.S. EPA on March 21 released updated RIN data, reporting that nearly 2.02 billion RINs were generated under the RFS in February, up from 1.91 billion generated the previous month and 1.76 billion generated in February of last year.

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The U.S. EPA released updated SRE data on March 21, reporting that one new SRE petition has been filed under the RFS in the past month. A total of 36 SRE petitions are now pending, up from 35 that were pending as of mid-February.

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US farm, biofuel leaders seek certainty on SAF

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By Growth Energy and Renewable Fuels Association

March 21, 2024

A multi-state coalition of biofuel leaders and farm advocates called on President Biden’s Treasury Department to swiftly resolve any questions standing in the way of efforts to scale up U.S. production of SAF.

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World Energy LLC on March 18 announced it has been invited by the U.S. Department of Energy to submit the Part II Application for an approximately $2 billion loan guarantee to support a proposed SAF project.

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President Joe Biden, Agriculture Secretary Tom Vilsack and U.S. EPA Administrator Michael Regan on March 19 recognized National Agriculture Day by honoring the farmers and ranchers who produce our nation’s food, feed, fuel and fiber.

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The Michigan Senate Committee on Energy and Environment on March 14 held a hearing to consider legislation introduced last year that aims to create a tax credit to support the purchase of sustainable aviation fuel (SAF).

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