December 18, 2024
BY U.S. Department of Energy
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The U.S. DOE has announced its intent to issue funding to support high-impact research and development (R&D) projects in two priority areas: sustainable propane and renewable chemicals and algal system cultivation and preprocessing.
The U.S. EPA on Dec. 19 released data showing that 2.03 billion RINs were generated under the RFS in November, up from 2.01 billion generated during the same month of 2023. Nearly 22.9 billion RINs were generated during the first 11 months of 2024.
The USDA Rural Business Cooperative Service on Dec. 13 announced it is extending the deadline to apply for the agency’s Section 9003 loan guarantee program. Applications must now be submitted before Dec. 31.
CoBank predicts that U.S. production of renewable diesel and associated fuels will experience a modest boost in 2025 but cautions that policy uncertainty looms over administration of the RFS program, SREs and the impact of potential tariffs.
Congress on Dec. 17 released the text of a short-term funding bill that aims to avoid a partial government shutdown. The package includes provisions allowing year-round sales of E15 and enacting a new one-year extension of the 2018 Farm Bill.