American biofuel firms and refiners will reach less than 50 percent of their renewable diesel production targets for 2025, according to a study released on Jan. 18 from consultancy Cerulogy. The 2025 renewable diesel goals, which have been touted by the Biden Administration, will most likely fall short due to policy and feedstock constraints. Petroleum refiners across the country are being incentivized by the U.S. government to modify facilities to process waste and vegetable oils into renewable energy sources. The Energy Information Administration expects renewable diesel production capacity in the United States to increase from 1 billion gallons currently to more than 5 billion gallons per year by 2024. Cerulogy says that the program will likely yield no more than approximately 2 billion gallons of total renewable diesel production capacity by 2025 with a total of 3 million, far short of the projected goal. It appears that the other 2 billion …
Study Says That US Refiners Will Fail to Produce 50 Percent of Projected Renewable Diesel Output for 2025
January 19, 2022
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