October 27, 2014
BY Holly Jessen
Advertisement
Advertisement
The U.S. Department of Energy on Oct. 14 released guidance that will help clean fuel producers claim the 45Z clean fuel production credit for fuels, feedstocks and pathways not included in the agency’s current 45Z rate table.
The U.S. Department of Energy’s Alternative Fuels and Feedstocks Office on Oct. 14 announced its intent to award up to $60 million to support production and distribution of novel, high-impact chemicals, fertilizers, fuels and feedstock technologies.
U.S. EPA Administrator Lee Zeldin on Oct. 13 announced the agency will propose two options to reallocate 770 million renewable identification numbers (RINs) waived through recent small refinery exemptions (SRE) under the Renewable Fuel Standard.
The USDA maintained its forecast for soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Oct. 9. The outlook for soybean oil prices was also unchanged.
The USDA on Oct. 9 released its latest Crop Production report, predicting soybean production for beans will reach a record high 4.56 billion bushels in 2026, up 1% when compared to the September forecast and up 7% when compared to 2025.