July 9, 2024
BY Erin Voegele
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Renewables are expected to account for more than 24% of U.S. electricity generation in 2025, expanding to 26% in 2026, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released Dec. 9.
The U.S. Energy Information Administration reduced its 2026 production forecast for renewable diesel in its latest Short-Term Energy Outlook, released Dec. 9. The production forecast for other biofuels, including SAF, was maintained.
A group of five oil state senators on Dec. 8 sent a letter to U.S. EPA Administrator Lee Zeldin asking the agency to scrap plans to reallocate RFS renewable volume obligations (RVOs) waived via the small refinery exemption (SRE) program.
A new economic analysis finds that EPA’s proposal to assign 50% of the RIN credits to imported biofuels and biofuels made from imported feedstocks compared to domestic would strengthen domestic soybean markets.
The U.S. Court of Appeals for the D.C. Circuit on Dec. 8 ordered the U.S. EPA to provide an update regarding the current status of its proposal to set 2026 RFS RVOs. The update must be filed with the court within seven days.