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EIA: Renewable diesel production to expand by 30% annually in 2024, 2025

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By Erin Voegele

February 07, 2024

Advanced BiofuelsBusiness

The U.S. Energy Information Administration currently expects renewable diesel production to increase by approximately 30% annually in both 2024 and 2025, according to the agency’s latest Short-Term Energy Outlook, released Feb. 6.

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Nevada Gov. Joe Lombardo and the Nevada Governor’s Office of Economic Development on Jan. 25 approved $11.72 million in tax abatements for a 120 MMgy renewable diesel and SAF project under development by Edgewood Renewables LLC.

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Total U.S. biofuel operatable production capacity was up slightly in November, with gains for ethanol, according to data released by the U.S. Energy Information Administration on Jan. 31. Total feedstock consumption was down slightly from October.

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Enerkem announced on Jan. 30 that it will be retiring its Enerkem Alberta Biofuels plant in Edmonton. The company said the facility has achieved its main objective of completing the scale-up of Enerkem’s industry-leading technology.

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Vertex Energy Inc. on Jan. 23 released an operational update, reporting that the renewable diesel production unit at its refinery in Mobile, Alabama, produced approximately 3,900 barrels per day during the fourth quarter of 2023.

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Valero Energy Corp. released Q4 financial results on Jan. 25, reporting an increase in renewable diesel production volumes despite lower margins. The SAF project under development in Texas remains on schedule for completion next year.

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Honeywell announced that Acelen Renewables has selected its Ecofining technology to help support the efficient production of a targeted 20,000 barrels per day SAF and renewable diesel at its facility in Bahia, Brazil.

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Biomass Magazine has announced the general session speakers for the 17th Annual International Biomass Conference & Expo taking place March 4-6, 2024 at the Greater Richmond Convention Center in Richmond, Virginia.

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Approved Oil Co. has announced the successful performance of its renewable diesel in NYC’s recent frigid temperatures. The performance of the fuel shows it is more than capable of meeting the demands of the most extreme climates.

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Topsoe on Jan. 23 announced it has signed a licensing and engineering agreement with Preem to provide its HydroFlex technology for renewable diesel and SAF production to Preem’s refinery conversion project in Lysekil, Sweden.

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The U.S. EPA’s 2023 RFS data shows that U.S. production of biomass-based diesel – including biodiesel, renewable diesel, SAF, and heating oil – reached 4 billion gallons in 2023, according to Clean Fuels Alliance America.

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The International Energy Agency released a new report on Jan. 11, Renewables 2023, predicting that global biofuel demand will expand by 38 billion liters (10.4 billion gallons) between 2023 and 2028.

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NYC took a monumental step towards clean air and a sustainable future on Jan. 11 with the grand opening of the city's first retail fuel station dispensing renewable diesel. The project is a collaboration between Sprague and Sonomax.

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Ethanol Producer Magazine and BBI International announced that they are now accepting speaker presentation proposals for the 2024 International Fuel Ethanol Workshop & Expo. The event will be held June 10-12, 2024, in Minneapolis, Minnesota.

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El Barbary Hassan, department professor and scientist in the Mississippi State University’s Forest and Wildlife Research Center, has received a $610,000 NIFA grant to take foundational steps toward producing viable fuels from agricultural waste.

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TransLink is introducing renewable diesel into its bus fleet as a cleaner fuel option, in order to reduce greenhouse gas (GHG) emissions. Renewable diesel comes from organic waste, such as used cooking oil or waste animal fats, or vegetable oils.

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The USDA recently awarded two Delaware State University researchers a three-year just under $300,000 grant for a project that could leverage the properties of microalgae toward energy and cancer treatment purposes.

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In research supported by the U.S. DOE Bioenergy Technologies Office, a team of scientists examined the unique properties of phosphorus uptake in the algal strains living in the Revolving Algal Biofilm (RAB) systems.

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Neste has completed the strategic study launched in September 2022, and begins a gradual transformation of its crude oil refinery in Porvoo, Finland into a leading renewable and circular solutions refining hub.

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The government of British Columbia on Dec. 11 released regulations for its revamped low carbon fuels program, becoming the first jurisdiction in North America to require the use of sustainable aviation fuels (SAF).

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Hawaiian Electric’s proposal to replace six fossil-fuel generators at its Waiau Power Plant with efficient flex-fuel units that can be fueled with biodiesel, renewable gas or hydrogen will advance to the next phase of an energy procurement process.

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Rep. Mariannette Miller-Meeks, R-Iowa, on Dec. 7 introduced a bill that aims to allow companies to preserve renewable identification number (RIN) credits under the Renewable Fuel Standard for renewable fuel used in ocean-going vessels.

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Green Impact Partners Inc. has received approval from the Alberta government for construction and operation of the Future Energy Park, a biorefinery that will produce RNG, low-carbon ethanol and wet distillers grains.

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Neste has partnered with Coleman Oil Company, a leading provider of fuels, biofuels, lubricants, and related products, to enable cities and businesses to have easier access to Neste MY Renewable Diesel in the state of Washington in the U.S.

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Biomass Magazine on Dec. 6 released the agenda for the 17th Annual International Biomass Conference & Expo taking place March 4-6, 2024 at the Greater Richmond Convention Center in Richmond, Virginia.

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Approved Oil Company on Dec. 1 announced it has secured a multi-year deal with the New York City Department of Citywide Administrative Services to supply renewable diesel to the fleets of various New York City agencies.

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A coalition of over 20 organizations and companies launched the Partnership for Electric Pathways to work with the U.S. EPA to secure a viable pathway for renewable electricity to get credit under EPA's Renewable Fuel Standard program.

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Swedish fuel company Preem on Nov. 27 announced it will invest SEK 5.5 billion ($532.82 million) to convert its refinery in Lysekil, Sweden, to produce renewable diesel and sustainable aviation fuel (SAF).

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Santa Maria Renewable Resources has selected Topsoe as its technology provider and will implement the company’s Hydroflex and H2bridge technologies at its planned biorefinery in Texas. Chemex Global will provide FEED for the plant.

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The U.S. Department of Commerce’s International Trade Administration has announced its Renewable Energy and Energy Efficiency Advisory Committee will hold a virtual meeting on Nov. 30. The meeting is open to the public, but registration is required.

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