
SOURCE: U.S. Energy Information Administration
February 2, 2024
BY Erin Krueger
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The U.S. EPA on Jan. 15 released data showing nearly 23.25 billion renewable identification numbers (RINs) were generated under the Renewable Fuel Standard in 2025, down more than 8% when compared to 2024.
Bunge’s Brazilian operation has become the first company to certify soybeans for use in the production of SAF under the ISCC CORSIA PLUS protocol, an advanced certification recognized by the International Civil Aviation Organization.
Renewables are currently expected to account for more than 26% of U.S. electricity generation in 2026, expanding to 28% in 2027, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released Jan. 13.
The U.S. Energy Information Administration currently expects the production of renewable diesel and other biofuels, including SAF, to expand in 2027, according to the agency’s latest Short-Term Energy Outlook, released Jan. 13.
The USDA on Dec. 31 announced the per-acre payment rates for $11 billion of the $12 billion farm aid package announced in December. U.S. corn, soybean and sorghum farmers will receive respective per-acre payments of $44.36, $30.88, and $48.11.