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Differing RINs estimates creates confusion, market spikes

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By Susanne Retka Schill

April 16, 2013

Business Markets 

Confusion remains over how to interpret and compare various estimates of renewable identification number availability, said Nick Paulson, assistant professor in the Department of Agricultural and Consumer Economics at the University of Illinois.

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Ceres Inc. has released financial results for the second quarter of its 2013 fiscal year, which ended Feb. 28. The company also provided an operational update, noting progress with its sweet sorghum and switchgrass varieties.

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The Beat Goes On

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By Mike Bryan

April 16, 2013

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Scaling the Wall … Again

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By Bob Dinneen

April 16, 2013

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The USDA has proposed a series of changes to make it easier for agricultural producers and rural small businesses to apply for renewable energy and energy efficiency funding.

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Site preparation has begun and plans are being finalized for a formal groundbreaking ceremony to be held in the next few weeks at the country's first sweet sorghum-to-ethanol plant being built by Southeast Renewable Fuels LLC in Hendry County, Fla.

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Ethanol producers need to improve the quality, rate of extraction.

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Stillage, CO2 become valuable inputs in synergistic design

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The patent battle between Gevo Inc. and Butamax Advanced Biofuels LLC is continuing with recent action in the U.S. Patent and Trademark Office. Unsurprisingly, the two companies had different views on the event.

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The U.S. EPA has published data on renewable identification numbers (RINs) generated under the renewable fuel standard (RFS) during February 2013.

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INTL FCStone Inc. is planning its first energy outlook conference to address both oil and biofuel outlooks and discuss available risk management tools.

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The U.S. Energy Information Administration has released the April 2013 issue of its Short-Term Energy and Summer Fuels Outlook. The report addresses projected gasoline prices, ethanol production levels, blending, and the impact of higher RIN prices.

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U.S. ethanol exports decreased by a third from January to February, landing at a total of 42.5 million gallons of denatured and undenatured (non-beverage) ethanol, according to the most recent government data.

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Corn farmers have seen dramatically higher prices in recent years, increasing the profitability of farming and the prosperity of rural communities. A significant portion of this increase is being offset by higher production costs.

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IRFA: Baxter has driven around the world two times on E15

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By Iowa Renewable Fuels Association

April 11, 2013

The Iowa Renewable Fuels Association has announced that after a month of E15 sales at Kountry Korner, Baxter residents have successfully driven the equivalent of more than two trips around the world on E15.

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The U.S. Energy Information Administration has published updated data on alternative fuels and vehicles through 2011. The analysis addresses several alternative transportation fuels, including E85, hydrogen, electricity, natural gas and propane.

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Two University of Illinois economists are proposing to freeze renewable fuel standard (RFS) mandates in 2014 and 2015 at 2013 levels, arguing it represents a pragmatic way forward.

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The International Energy Agency Bioenergy Task 39 group recently published a report that outlines progress on more than 100 advanced biofuel projects under development worldwide.

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The Biofuels Center of North Carolina recently awarded $684,000 for six projects to accelerate the renewable fuels industry in western North Carolina. Awards were determined through a competitive, peer-reviewed process.

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The public comment period on the U.S. EPA's proposed rule for the 2013 renewable fuel standard (RFS) is now closed. According to the rulemaking's docket folder on Regulations.gov, nearly 50 public comments were submitted on the proposal.

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A United Kingdom company hopes the purchase of Appomattox Bio Energy, a failed U.S. ethanol plant, will be the boost it needs to start construction on a 200 MMly (52 MMgy) ethanol plant in Grimsby, England.

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CME Group is working on the specifications for three contracts to be offered on renewable identification numbers (RINs), including one for ethanol and one for biodiesel. The contracts should be available for trading on the NYMEX by the end of May.

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For ethanol producers with on-site rail spurs, rail safety training could help avoid accidents causing injury, amputations and death as well as serious financial impacts to the company.

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Project development is in the financing stage for a nitrogen fertilizer facility to be co-located with Tharaldson Ethanol Inc., a 153 MMgy facility located in Casselton, N.D. The fertilizer plant would produce urea, anhydrous ammonia and UAN.

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A safety training course for ethanol producers will be held April 10-11 in Brookings, S.D., sponsored by the Engineering Extension Office, College of Engineering, at South Dakota State University. It qualifies as a 10-hour OSHA training course.

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Lee Enterprises Consulting of Little Rock, Ark., the world's largest alternative and renewable fuel consulting group, is pleased to announce the formation of a strategic alliance with ICM Inc. of Colwich, Kan.

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The Renewable Fuels Association has responded to the questions posed by the U.S. House of Representatives' Committee on Energy and Commerce in a white paper entitled, "Examining 'Blend Wall' Challenges."

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In a new FarmDocDaily post University of Illinois professors Scott Irwin and Darrel Good discuss the on-going cost of renewable fuel standard (RFS) compliance and the price of gasoline.

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The USDA has published a notice of funding availability for the Rural Energy for America Program for fiscal year 2013. The program provides financial assistance in the form of grants and guaranteed loans for renewable energy projects.

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