November 15, 2024
BY U.S. Department of Energy
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The U.S. EPA on June 18 announced 1.75 billion RINs were generated under the RFS in May, down from 2.07 billion that were generated during the same period of last year. Total RIN generation for the first five months of 2025 reached 9.06 billion.
TotalEnergies and Quatra, the European market leader in the collection and recycling of used cooking oil, have signed a 15-year agreement beginning in 2026, for the supply of 60,000 tons a year of European used cooking oil.
The U.S. EPA on June 13 released a proposed rule to set strong 2026 and 2027 RFS RVOs. The rulemaking also aims to limit the participation of imported fuels and feedstocks, eliminate eRINs, and reduce the 2025 cellulosic RVO.
The USDA maintained its forecast for 2025-’26 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released June 12. The estimate for 2024-’25 soybean use in biofuel production was revised down.
Total U.S. biofuels production, including ethanol, renewable diesel, biodiesel and other biofuels, including SAF, averaged a record 1.39 million barrels per day last year, according to data released by the U.S. EIA on June 9.