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EPA: 1.84 billion RINs generated in May

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By Erin Voegele

June 20, 2022

BusinessPolicyProductionNorth America

The U.S. EPA has released data showing that nearly 1.84 billion renewable identification numbers (RINs) were generated under the Renewable Fuel Standard in May, up from 1.72 billion generated during the same month of last year.

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Cargill on June 15 announced the opening of an advanced biodiesel plant in Ghent, Belgium. The facility, which converts waste oils and residues into renewable fuel, was built by Austria-based BDI BioEnergy International.

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Avfuel Corp. on June 16 announced a multimillion-dollar investment in Alder Fuels—a clean tech company pioneering first-of-its-kind technologies for producing sustainable aviation fuel (SAF) at scale.

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Chevron Corp. on June 13 completed its previously announced acquisition of biofuel producer Renewable Energy Group Inc. The rebranded business segment, Chevron Renewable Energy Group, will remain headquartered in Ames, Iowa.

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The call for speaker presentation ideas is now open for the 2022 National Carbon Capture Conference & Expo (NCCC) taking place Nov. 8-9, 2022, in Des Moines, Iowa. The NCCC will accept speaker abstracts through July 8.

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The U.S. Department of Energy's Bioenergy Technologies Office (BETO) in May released its “BETO 2020 R&D State of Technology� report, which provides a status of research and development efforts and assesses progress made toward BETO goals.

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BDI-BioEnergy International has completed a next-generation biodiesel production plant in Bakersfield, California, for Crimson Renewable Energy, based on BDI’s patented RepCAT technology. The plant, now with an approximate production capacity of 37 MMgy, will mainly operate with waste oils and fats collected in the local region, especially from central and southern California metro area. The companies held a ribbon-cutting ceremony for the completed project in April (pictured above).

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With a flurry of announcements in the first half of 2022, REG announced its pending acquisition, the rebranding of its biofuel line and some new key partnerships.

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While biointermediates present opportunities for biofuel producers, close attention should be paid to regulatory requirements.

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Southwest Airlines Co. on June 1 announced an investment into SAFFiRE Renewables LLC, a company formed by D3MAX LLC, as part of a Department of Energy-backed project to develop and produce scalable, sustainable aviation fuel (SAF).

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Argent Energy, a manufacturer of biofuels in the U.K. and the Netherlands, has announced it is expanding its second-generation biodiesel production capacity in the Port of Amsterdam to 540,000 tons per year.

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Topsoe on May 31 announced Cresta Fund Management will implement its HydroFlex solution for the production of renewable diesel and sustainable aviation fuel (SAF) as part of a refinery conversion project underway in Newfoundland, Canada.

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The U.S. Department of Energy on June 1 opened a $59 million funding opportunity to support the scale-up of integrated biorefineries and greenhouse gas (GHG) reduction in first generation ethanol production.

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Total operable U.S. biofuels production capacity fell by approximately 101 million gallons in March, according to data released by the U.S. Energy Information Administration on May 31. Feedstock consumption, however, was up by 2.845 billion pounds.

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Produced by BBI International, the International Fuel Ethanol Workshop & Expo (FEW) is on pace to be the largest biofuels conference since 2009. The event takes place June 13-15 in Minneapolis, Minnesota.

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The U.S. EPA on May 23 opened a public comment period on a proposed consent decree that would require the agency to issue proposed 2023 RFS RVOs by Sept. 16, 2022, and issue a final rule setting 2023 RVOs by April 28, 2023.

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The U.S. EPA has released data showing that more than 1.7 billion renewable identification numbers (RINs) were generated under the Renewable Fuel Standard in April, up from nearly 1.58 billion generated during the same month of 2021.

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Growth Energy's Emily Skor, Green Plains' Todd Becker and Summit Agricultural Group's Bruce Rastetter will deliver keynote addresses at the 2022 International Fuel Ethanol Workshop & Expo (FEW) taking place June 13-15, 2022, in Minneapolis.

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A team of companies led by SGP BioEnergy joined the Government of Panama announced on May 18 plans to develop a 180,000 barrels per day (2.6 billion gallons per year) advanced biorefinery and SAF production platform in Panama.

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Phillips 66 made a final investment decision on May 11 to move forward with Rodeo Renewed, the project to convert its San Francisco Refinery in Rodeo, California, into one of the world's largest renewable fuels facilities.

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Parkland Corp. announced plans to increase renewable fuel production at its Burnaby Refinery in British Columbia. The company will expand existing coprocessing volumes and build a stand-alone renewable diesel complex.

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The U.S. EPA on May 9 opened a 15-day public comment period on the pool of 20 candidates who have been selected to serve on an external expert panel to peer review the EPA's third triennial report to Congress on biofuels and the environment.

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Clean Fuels Alliance America has released a new study that shows U.S. production of biodiesel and renewable diesel consistently reduces distillate fuel prices by increasing the supply. The price impact was 4 percent in 2022 and 2021.

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Renewable Energy Group Inc. produced 99 million gallons of biodiesel and renewable diesel during the first quarter of 2022, flat with the same period of 2021. Biodiesel production was down, but renewable diesel production was up.

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Total operable biofuels production capacity for ethanol, biodiesel, renewable diesel and related fuels expanded to 21.123 billion gallons per year in February, according to the EIA. Total feedstock consumption was at 24.348 billion pounds.

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The U.S. exported 29,252 metric tons of biodiesel and biodiesel blends of B30 and higher in March, according to data released by the USDA Foreign Agricultural Service on May 4. Biodiesel imports for the month reached 105,175.1 metric tons.

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CVR Energy Inc. on May 2 announced it has successfully completed conversion and startup of the renewable diesel unit at its Wynnewood refinery in Oklahoma. The company also said it is continuing to advance its renewables restructuring plan.

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Marathon Petroleum Corp. released first quarter financial results on May 3, providing an update on its agreement with Neste to form a joint venture for the renewable diesel project under development at its Martinez refinery in California.

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Neste Corp. released first quarter 2022 financial results on April 29, reporting a strong performance for its renewable products segment. Renewable diesel demand was robust during the three-month period, but feedstock markets remained tight.

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The Iowa Senate and Iowa House of Representatives on April 26 each voted to approve legislation introduced by Iowa Gov. Kim Reynolds in January that will increase consumer access to higher blends of ethanol and biodiesel.

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