Renewable Identification Numbers (RINS) Steve Wagner, VP; Merrick & Company

Size: px
Start display at page:

Download "Renewable Identification Numbers (RINS) Steve Wagner, VP; Merrick & Company"

Transcription

1 Renewable Identification Numbers (RINS) Steve Wagner, VP; Merrick & Company

2 The Energy Independence and Security Act of 2007 H.R.6 DEFINITIONS Conventional biofuel is ethanol derived from corn starch. Achieve a 20% greenhouse gas (GHG) emissions reduction compared to baseline lifecycle GHG emissions. Advanced biofuels is derived from renewable biomass, and achieves a 50% GHG emissions reduction requirement. Cellulosic biofuels is renewable fuel derived from any cellulose, hemicellulose, or lignin, that is derived from renewable biomass, and achieves a 60% GHG emission reduction requirement. PRE0065 2

3 Renewable Fuel Standard Sets forth a phase-in for renewable fuel volumes beginning with 9 billion gallons in 2008 and ending at 36 billion gallons in Year Conventional Biofuel (A) Advanced Biofuel (B=C+D) Cellulosic Biofuel (C) Undifferentiated Advanced Biofuel (D) Total RFS (A+B) PRE0065 3

4 RFS2 Renewable Fuel Volumes PRE0065 4

5 What s a RIN? (Renewable Identification Number) A RIN is a 38-digit alpha, numerical series that is designed to catalog each gallon of renewable fuel produced Details such as the type of renewable fuel, producer, plant origin and even the batch it was produced in The RIN to be handed off when the product is sold The RIN is meant to show that an obligated party a refiner, blender and importer, as defined by the Energy Law is meeting their Renewable Volume Obligation (RVO) under the RFS. PRE0065 5

6 Simple Fuel / RIN Transactions Producer makes RINs at time of production of RF or time of title transfer of the RF PRE0065 6

7 Got RINs? RINs, an environmental currency created by the EPA, will play a large role in increasing the use of renewable energy. Vilsacz RIN Type Definition RIN Price* 12 Month Average D6 Conventional from Corn Starch $ $0.985 D4 Biomass-based Diesel $ $1.450 D5 Advanced Biofuel >50% Reduction GHG $ $0.680 D3 Cellulosic Biofuel >60% Reduction GHG $ $0.750 D7 Cellulosic Diesel N/A N/A * OPIS Chicago weekly average 7/8/2013 PRE0065 7

8 Advanced Biofuel (D5) Approved Pathways and Feed Stocks: Biodiesel (mono alkylester) derived from oil seed crops (soy, canola, fats, safflower, etc.) Sugar cane derived ethanol (Brazil, Indonesia) Indirect land use changes (ILUC) = 0gm CO 2 /MJ; whereas ILUC for Midwest corn = 30.5gm CO 2 /MJ Cellulosic biofuels (ethanol, biobutanol) Waste derived ethanol from separated food waste (Merrick fuel grade ethanol plant at Miller-Coors) Petition process with the EPA to expand feedstock eligibility or production technology for >50% GHG emission reduction Corn fiber; Crop residues; Giant reed; Napier grass; Energy cane; Yard waste; Slash; MSW; Wood residues; Food wastes PRE0065 8

9 Blending economics for an obligated party* Ethanol wholesale rack** 7/8/2013 Unleaded gasoline Biodiesel B100 (w/ EV 1.5) Ultra low sulphur diesel Advantage Ethanol Advantage Petroleum Gallon price for Biodiesel includes 1.5 RINs $1.078/RIN x 1.5 EV Gallon price for Biodiesel includes blender credit = $2.41/gal = $2.81/gal = $0.40/gal = $4.92/gal = $2.88/gal = $2.04/gal = $1.62/gal = $1.01/gal Advantage Biodiesel = $0.59/gal Because of the RFS mandate imposed on obligated parties * Obligated party is a blender, refiner, or oil company that sells transportation fuels. ** OPIS Chicago PRE0065 9

10 Issues and Uncertainties CAFE Standards are contradictory to E15 and higher blends (w/deployed engine technology) Cellulosic biofuels are not commercially available 2012 RVO for obligated parties reduced to 6MM gallons Buyout provision is $0.78 per gallon (D3 price) California s low carbon fuel standard applies ILUC penalties to corn and oil seed crops, but not those grown in California! Fraudulent RINs know your counter party Buyer beware Food vs. Fuel PRE

AGRICULTURE FOR FOOD AND FOR BIOENEGY: IS IT POSSIBLE?

AGRICULTURE FOR FOOD AND FOR BIOENEGY: IS IT POSSIBLE? GLOBAL SUSTAINABLE BIOENERGY PROJECT AGRICULTURE FOR FOOD AND FOR BIOENEGY: IS IT POSSIBLE? Dr. Rodolfo Quintero-Ramírez March 24 th, 2010 Sao Paulo, Brazil ? FOOD ANIMAL FEED AGRICULTURE BIOENERGY BIOPRODUCTS

More information

The Journal of Science Policy & Governance

The Journal of Science Policy & Governance The Journal of Science Policy & Governance POLICY MEMO: INCREASING SUSTAINABLE BIOMASS THROUGH PRODUCTION TAX CREDITS BY Ashley Paulsworth ashley0paulsworth@gmail.com Executive Summary As various tax credits

More information

Woody Biomass Supply and Demand 1

Woody Biomass Supply and Demand 1 Woody Biomass Supply and Demand 1 Bryce Stokes, Ph.D. Senior Advisor Navarro Research & Engineering, Inc. Department of Energy, Golden Field Office Golden, CO Introduction Forest biomass is one of the

More information

Fig A 9 Environmental, social and economic aspect from biofuels production Source: IEA (2011)(International Energy Agency, 2011)

Fig A 9 Environmental, social and economic aspect from biofuels production Source: IEA (2011)(International Energy Agency, 2011) Second and third generation of biofuels i 1. Introduction Biofuels can be classified into 3 generations: First, second and third generation The 2 nd generation biodiesel includes liquid fuels derived from

More information

California Energy Commission California Perspective on Biofuels and Energy

California Energy Commission California Perspective on Biofuels and Energy California Energy Commission California Perspective on Biofuels and Energy USDA/USDOE Biomass Research and Development Technical Advisory Committee Meeting November 19, 2015 Emeryville, California Tim

More information

A Conversational Guide to Renewable Identification Numbers (RINs) in the U.S. Renewable Fuel Standard

A Conversational Guide to Renewable Identification Numbers (RINs) in the U.S. Renewable Fuel Standard www.theicct.org BRIEFING MAY 2014 A Conversational Guide to Renewable Identification Numbers (RINs) in the U.S. Renewable Fuel Standard The U.S. Renewable Fuel Standard (RFS2) promotes the use of biofuels

More information

Chuck Neece Director Research and Development FUMPA BioFuels

Chuck Neece Director Research and Development FUMPA BioFuels Chuck Neece Director Research and Development FUMPA BioFuels What is Biodiesel? Just give me the Facts! Biodiesel is Not! Just filtered grease or oil in your tank This would not be chemically changed to

More information

Global Bioenergy Partnership

Global Bioenergy Partnership Global Bioenergy Partnership Working together to promote bioenergy for sustainable development RECENT EU AND US PROPOSALS IN THE FIELD OF BIOFUELS: THE CRITICAL ASPECTS OF SUSTAINABILITY 13 May 2009 MEDREC

More information

From Biomass. NREL Leads the Way. to Biofuels

From Biomass. NREL Leads the Way. to Biofuels From Biomass NREL Leads the Way to Biofuels The Wide World of Biofuels Fuel Source Benefits Maturity Grain/Sugar Ethanol Biodiesel Corn, sorghum, and sugarcane Vegetable oils, fats, and greases Produces

More information

STATEMENT OF HOWARD GRUENSPECHT DEPUTY ADMINISTRATOR ENERGY INFORMATION ADMINISTRATION U.S. DEPARTMENT OF ENERGY BEFORE THE

STATEMENT OF HOWARD GRUENSPECHT DEPUTY ADMINISTRATOR ENERGY INFORMATION ADMINISTRATION U.S. DEPARTMENT OF ENERGY BEFORE THE STATEMENT OF HOWARD GRUENSPECHT DEPUTY ADMINISTRATOR ENERGY INFORMATION ADMINISTRATION U.S. DEPARTMENT OF ENERGY BEFORE THE COMMITTEE ON ENERGY AND COMMERCE SUBCOMMITTEE ON ENERGY AND POWER UNITED STATES

More information

California Low Carbon Fuel Standard: Opportunities and Obstacles. Provided to:

California Low Carbon Fuel Standard: Opportunities and Obstacles. Provided to: California Low Carbon Fuel Standard: Opportunities and Obstacles Provided to: October 10, 2013 Gregory Staiti Director, Energy Compliance Services Weaver and Tidwell, L.L.P. Overview Program Basics Annual

More information

Biofuels from Microalgae: The Promise and Challenge of Algae as a Renewable Source of Biofuels

Biofuels from Microalgae: The Promise and Challenge of Algae as a Renewable Source of Biofuels Biofuels from Microalgae: The Promise and Challenge of Algae as a Renewable Source of Biofuels Mike Hightower 1 and Ron Pate 2 1 Sandia National Laboratories, Energy Systems Analysis 2 Sandia National

More information

The European Renewable Energy Directive and international Trade. Laurent Javaudin Delegation of the European Commission to the U.S.

The European Renewable Energy Directive and international Trade. Laurent Javaudin Delegation of the European Commission to the U.S. The European Renewable Energy Directive and international Trade Laurent Javaudin Delegation of the European Commission to the U.S. The European Union 27 Member States 490 million people 2 Outline The Present:

More information

Petroleum and Renewable Fuels Supply Chain. Megan Boutwell, David J. Hackett & Michael L. Soares Stillwater Associates LLC

Petroleum and Renewable Fuels Supply Chain. Megan Boutwell, David J. Hackett & Michael L. Soares Stillwater Associates LLC Petroleum and Renewable Fuels Supply Chain Megan Boutwell, David J. Hackett & Michael L. Soares Stillwater Associates LLC February 2014 DISCLAIMER Stillwater Associates LLC prepared this paper at the request

More information

State Ethanol Blending Laws

State Ethanol Blending Laws State Ethanol Blending Laws This paper examines the recently passed ethanol blending laws in North Carolina, South Carolina (both currently under litigation), and Missouri. These blending laws effectively

More information

Governor s Executive Order, 09-05 Dept. of Ecology, Air Quality Program Bob Saunders

Governor s Executive Order, 09-05 Dept. of Ecology, Air Quality Program Bob Saunders Governor s Executive Order, 9-5 Dept. of Ecology, Air Quality Program Bob Saunders New Date New Topic Format Mar 25 May 18 Jul 17 Alternatives Input; possibly review econ input highhlights, i.e.investment,

More information

March 2016. Biodiesel Industry Overview & Technical Update

March 2016. Biodiesel Industry Overview & Technical Update March 2016 Biodiesel Industry Overview & Technical Update 1 Topics for Today: Biodiesel Industry Overview Biodiesel Benefits Biodiesel ASTM Fuel Specifications & Quality Legislative Updates Impacting Demand

More information

Technical/Business Planning: For Small-Scale Oilseed Processing and Biodiesel Production

Technical/Business Planning: For Small-Scale Oilseed Processing and Biodiesel Production Agricultural Marketing Resource Center Value-added Agriculture Profile Iowa State University November 2008 Technical/Business Planning: For Small-Scale Oilseed Processing and Biodiesel Production By Gary

More information

Enhancing International Cooperation on Biomass

Enhancing International Cooperation on Biomass Enhancing International Cooperation on Biomass 1 Biofuels- issues, challenges and options J. Gururaja Energy and Dransport Branch Department of Economic and Social Affairs United Nations New York > 2 Key

More information

Energy Offices Meeting

Energy Offices Meeting NASEO 2014 Mid Atlantic Regional State 25x 25: Progressing Towards the Goal Ernie Shea Project Coordinator May 1, 2014 Valley Forge, PA Energy Offices Meeting 25x 25: A National Alliance Formed through

More information

Figure 1. EPA Waste Management Hierarchy

Figure 1. EPA Waste Management Hierarchy Bio-Based Products and Chemicals, Waste-to-Energy Scoping Analysis U.S. Environmental Protection Agency Office of Resource Conservation and Recovery April 2015 1.0 Background The U.S. Environmental Protection

More information

The Impact of the Low Carbon Fuel Standard and Cap and Trade Programs on California Retail Diesel Prices. California Trucking Association

The Impact of the Low Carbon Fuel Standard and Cap and Trade Programs on California Retail Diesel Prices. California Trucking Association The Impact of the Low Carbon Fuel Standard and Cap and Trade Programs on California Retail Diesel Prices California Trucking Association 4148 East Commerce Way Sacramento, CA 95834 916 373-3500 www.caltrux.org

More information

Liquid Biofuels for Transport

Liquid Biofuels for Transport page 1/11 Scientific Facts on Liquid Biofuels for Transport Prospects, risks and opportunities Source document: FAO (2008) Summary & Details: GreenFacts Context - Serious questions are being raised about

More information

Renewable Energy Programs in the 2008 Farm Bill

Renewable Energy Programs in the 2008 Farm Bill University of Nebraska - Lincoln DigitalCommons@University of Nebraska - Lincoln Congressional Research Service Reports Congressional Research Service 1-1-2010 Renewable Energy Programs in the 2008 Farm

More information

A REVIEW ON SECOND GENERATION BIOFUEL: A COMPARISON OF ITS CARBON FOOTPRINTS ABSTRACT

A REVIEW ON SECOND GENERATION BIOFUEL: A COMPARISON OF ITS CARBON FOOTPRINTS ABSTRACT A REVIEW ON SECOND GENERATION BIOFUEL: A COMPARISON OF ITS CARBON FOOTPRINTS B. K. Highina, I. M. Bugaje Department of Chemical Engineering University of Maiduguri, Borno State, NIGERIA & B. Umar Department

More information

GLOBAL BIOFUELS OUTLOOK 2010-2020 MAELLE SOARES PINTO DIRECTOR BIOFUELS EUROPE & AFRICA WORLD BIOFUELS MARKETS, ROTTERDAM MARCH 23, 2011

GLOBAL BIOFUELS OUTLOOK 2010-2020 MAELLE SOARES PINTO DIRECTOR BIOFUELS EUROPE & AFRICA WORLD BIOFUELS MARKETS, ROTTERDAM MARCH 23, 2011 GLOBAL BIOFUELS OUTLOOK 2010-2020 MAELLE SOARES PINTO DIRECTOR BIOFUELS EUROPE & AFRICA WORLD BIOFUELS MARKETS, ROTTERDAM MARCH 23, 2011 Presentation Overview Global Outlook Biofuels Mandates in 2010 Total

More information

Emerging BioFuel Crops and Technology Kurt Thelen Michigan State University, East Lansing, Michigan ABSTRACT

Emerging BioFuel Crops and Technology Kurt Thelen Michigan State University, East Lansing, Michigan ABSTRACT Emerging BioFuel Crops and Technology Kurt Thelen Michigan State University, East Lansing, Michigan ABSTRACT United States energy policy requires 36 billion gallons of ethanol by the year 2022, with 21

More information

Building a Sustainable Biofuels Business: an Overview of the Market and BP Biofuels

Building a Sustainable Biofuels Business: an Overview of the Market and BP Biofuels Building a Sustainable Biofuels Business: an Overview of the Market and BP Biofuels BP Biofuels a growing alternative Presentation title second line if required Kristen Kurczak, BP Biofuels Johannesburg,

More information

Biofuels: Demand. Ethanol and Biodiesel

Biofuels: Demand. Ethanol and Biodiesel Biofuels: Demand for Ethanol and Biodiesel Example: India Compiled by Dr Shoumen Palit Austin Datta School of Engineering Massachusetts Institute of Technology Dr Shoumen Palit Austin Datta, MIT shoumen@mit.edu

More information

Pocket Guide to ETHANOL 2015

Pocket Guide to ETHANOL 2015 Pocket Guide to ETHANOL 2015 x ETHANOL BASICS Ethanol is a biodegradable, high-octane motor fuel derived from the sugars, starches, and cellulosic matter found in plants. It has been used as a fuel or

More information

2/23/2011. Our Multi-Client Services. Global Biofuels Center. Presentation Overview

2/23/2011. Our Multi-Client Services. Global Biofuels Center. Presentation Overview 2/23/211 Presentation Overview Biofuels Policy & Market Issues in the U.S. Intertek Trends in Energy Kuntal Vora, Manager, Alternative Fuels Service February 1, 211 Capabilities and Product Offerings Global

More information

The future is our most important market Refining with a sustainable vision. Sören Eriksson

The future is our most important market Refining with a sustainable vision. Sören Eriksson The future is our most important market Refining with a sustainable vision Sören Eriksson Preems production and sales Refining 80 % of the total refing capacity in Sweden 30 % of the total refing capacity

More information

INTRODUCTION TO THE ETHANOL SUPPLEMENT

INTRODUCTION TO THE ETHANOL SUPPLEMENT INTRODUCTION TO THE Program planning for export market development must take into account the diversity of market development programs, geographic realities, economic conditions, the nature of constraints

More information

Driving Towards Sustainable Mobility: GM s Role in Biofuels Development and View on E20 Dr. Candace S. Wheeler

Driving Towards Sustainable Mobility: GM s Role in Biofuels Development and View on E20 Dr. Candace S. Wheeler Driving Towards Sustainable Mobility: GM s Role in Biofuels Development and View on E20 Dr. Candace S. Wheeler Global Energy Systems Center General Motors Corporation 1 Key Message General Motors believes

More information

The facts on biodiesel and bioethanol

The facts on biodiesel and bioethanol Renewable biofuels for transport The facts on biodiesel and bioethanol BABFO BRITISH ASSOCIATION FOR BIO FUELS AND OILS RECYCLING CARBON Sustainable development is a key priority for Defra, by which we

More information

Biomass Renewable Energy from Plants and Animals

Biomass Renewable Energy from Plants and Animals Renewable Biomass Biomass Basics Biomass Renewable Energy from Plants and Animals Biomass is organic material made from plants and animals. Biomass contains stored energy from the sun. Plants absorb the

More information

Policy Options for Integrated Energy and Agricultural Markets and Global Biofuels Impacts

Policy Options for Integrated Energy and Agricultural Markets and Global Biofuels Impacts Policy Options for Integrated Energy and Agricultural Markets and Global Biofuels Impacts Wally Tyner Collaborators: Dileep Birur, Tom Hertel, Farzad Taheripour Main Topics Energy and agricultural markets

More information

Natural Gas and Transportation Fuels

Natural Gas and Transportation Fuels Natural Gas and Transportation Fuels Eric Cutter Energy & Environmental Economics, Inc. (E3) Presented to: Natural Gas and Transportation Fuels Subcommittee Boise, Idaho August 2, 2006 353 Sacramento Street,

More information

GG102 Unit 2. Energy Lecture 4. Hydropower and Biofuels

GG102 Unit 2. Energy Lecture 4. Hydropower and Biofuels GG102 Unit 2. Energy Lecture 4 Hydropower and Biofuels Fuel Sources used in the USA Renewables = 8 % of fuel used in the USA Petroleum Fuel Type Natural Gas Coal Nuclear Power Renewable Energy (solar,

More information

Biofuels on the Dutch market. Ranking oil companies in the Netherlands

Biofuels on the Dutch market. Ranking oil companies in the Netherlands Biofuels on the Dutch market Ranking oil companies in the Netherlands Report Delft, February 2013 Author(s): Anouk van Grinsven Bettina Kampman Publication Data Bibliographical data: Anouk van Grinsven,

More information

BIOENERGY IN GERMANY: STATUS QUO AND OUTLOOK

BIOENERGY IN GERMANY: STATUS QUO AND OUTLOOK fnr.de BIOENERGY IN GERMANY: STATUS QUO AND OUTLOOK Berlin 24 Oct 2014 Vincent Pelikan Outline Bioenergy in Germany The Agency for Renewable Resources (FNR) A Success Story Status quo o Bioenergy as a

More information

Introduction to Biofuel

Introduction to Biofuel Introduction to Biofuel April 30, 2009 EEP 142 Presented By: Nan Shi Doris Chen Yu Hui (Becky) Li Songxu (Daniel) Wu The Green Energy Economy Is the Future To describe what s needed to wean the country

More information

The Implications of Increased Use of Wood for Biofuel Production

The Implications of Increased Use of Wood for Biofuel Production Date Issue Brief # ISSUE BRIEF The Implications of Increased Use of Wood for Biofuel Production Roger A. Sedjo and Brent Sohngen June 2009 Issue Brief # 09 04 Resources for the Future Resources for the

More information

Fuel Ethanol in Europe Outlook in the light of policy uncertainty. LMC International, Oxford, UK Platts Biofuels Conference, June 2013 www.lmc.co.

Fuel Ethanol in Europe Outlook in the light of policy uncertainty. LMC International, Oxford, UK Platts Biofuels Conference, June 2013 www.lmc.co. Fuel Ethanol in Europe Outlook in the light of policy uncertainty LMC International, Oxford, UK Platts Biofuels Conference, June 2013 www.lmc.co.uk The EU Fuel Ethanol Market in Context Demand for ethanol

More information

Renewable energy in transport

Renewable energy in transport Renewable energy in transport Source: http://worldwideed.staradvertiserblogs.com/2009/11/23/fun-day-monday-free-transport-from-naia-airport World transport energy use is growing rapidly Source: IEA Energy

More information

OECD-FAO Agricultural Outlook 2012 OECD/FAO 2012. Chapter 3. Biofuels

OECD-FAO Agricultural Outlook 2012 OECD/FAO 2012. Chapter 3. Biofuels OECD-FAO Agricultural Outlook 2012 OECD/FAO 2012 Chapter 3 Biofuels 87 Biofuels were added to the Outlook in 2008 as an emerging sector that would increasingly affect agricultural markets. This has certainly

More information

Comparison between Cotton oil and Sunflower oil fuel mixtures

Comparison between Cotton oil and Sunflower oil fuel mixtures Comparison between Cotton oil and Sunflower oil fuel mixtures CHARALAMPOS ARAPATSAKOS, ANASTATIOS KARKANIS, DIMITRIOS CRISTOFORIDIS, MARIANTHI MOSCHOU, IOANNIS PANTOKRATORAS Department of Production and

More information

Badger State Ethanol, LLC Request for Fuel Pathway Determination under the RFS Program Office of Transportation and Air Quality

Badger State Ethanol, LLC Request for Fuel Pathway Determination under the RFS Program Office of Transportation and Air Quality Badger State Ethanol, LLC Request for Fuel Pathway Determination under the RFS Program Office of Transportation and Air Quality Summary: Badger State Ethanol, LLC ( Badger State ) submitted an Efficient

More information

Papapostolou 1, E. Kondili 1, J.K. Kaldellis 2

Papapostolou 1, E. Kondili 1, J.K. Kaldellis 2 Technological and Environmental Impacts Evaluation of Biomass and Biofuels Supply Chain Papapostolou 1, E. Kondili 1, J.K. Kaldellis 2 1 Optimisation of Production Systems Lab 2 Soft Energy Applications

More information

UK experience of the Renewable Transport Fuel Obligation (RTFO) and policies to promote the development of waste-derived and advanced biofuels

UK experience of the Renewable Transport Fuel Obligation (RTFO) and policies to promote the development of waste-derived and advanced biofuels UK experience of the Renewable Transport Fuel Obligation (RTFO) and policies to promote the development of waste-derived and advanced biofuels European Biofuels Technology Platform 6 th Stakeholder Plenary

More information

Mobilizing agricultural crop residues for energy and higher value bio-products

Mobilizing agricultural crop residues for energy and higher value bio-products Mobilizing agricultural crop residues for energy and higher value bio-products Niclas Scott Bentsen 1, Patrick Lamers 2, Charles Lalonde 3, Maria Wellisch 4, Virginia H. Dale 5, Ian Bonner 2, Jacob Jacobson

More information

USDA Loans, Loan Guarantees, and Grants for Rural Energy Projects

USDA Loans, Loan Guarantees, and Grants for Rural Energy Projects August 20, 2009 USDA Loans, Loan Guarantees, and Grants for Rural Energy Projects Opportunities for Renewable Energy Companies and Suppliers The U.S. Department of Agriculture ( USDA ) has established

More information

The$Mortar$is$Nearly$Set$ $

The$Mortar$is$Nearly$Set$ $ The$Mortar$is$Nearly$Set$ $ The$Consequences$of$Exceeding$ the$blendwall$in$2013$and$2014$ $ $ $ $ $ $ $ $ $ $ $ $ Ben$Montalbano$ $ $ $ $ $ $ $ $ $ $ $ July$22,$2013$ Introduction Ethanol, when blended

More information

DOE Office of Biological & Environmental Research: Biofuels Strategic Plan

DOE Office of Biological & Environmental Research: Biofuels Strategic Plan DOE Office of Biological & Environmental Research: Biofuels Strategic Plan I. Current Situation The vast majority of liquid transportation fuel used in the United States is derived from fossil fuels. In

More information

EBB Presentation State of Play of European Biodiesel. Raffaello Garofalo. European Biodiesel Board. Secretary General EBB

EBB Presentation State of Play of European Biodiesel. Raffaello Garofalo. European Biodiesel Board. Secretary General EBB EBB Presentation State of Play of European Biodiesel 1. Brief Presentation of the European Biodiesel Market and perspective Market Status Trends of energy consumption in the EU 2. International biodiesel

More information

The United States and Biofuels and Biobased Products Newsletter March 2012

The United States and Biofuels and Biobased Products Newsletter March 2012 Office of Agricultural Affairs U.S. Embassy, Paris The United States and Biofuels and Biobased Products Newsletter March 2012 To our readers: We, the Office of Agricultural Affairs U.S. Embassy France,

More information

EU policy outlook on biofuels

EU policy outlook on biofuels EU policy outlook on biofuels PLATTS Biofuels Seminar, 13 April 2016. Geneva Ruta Baltause European Commission, DG - Renewable and CCS Unit Agreed headline targets 2030 Framework for Climate and 2020-20

More information

Introduction to our Business in Valmet. Marita Niemelä VP, Strategy Pulp & Energy 20 August 2014

Introduction to our Business in Valmet. Marita Niemelä VP, Strategy Pulp & Energy 20 August 2014 Introduction to our Business in Valmet Marita Niemelä VP, Strategy Pulp & Energy 20 August 2014 Valmet in brief Metso Demerger Two independent stock listed companies Metso is a global supplier of technology

More information

Well-to-Wheels Energy and Emission Impacts of Vehicle/Fuel Systems Development and Applications of the GREET Model

Well-to-Wheels Energy and Emission Impacts of Vehicle/Fuel Systems Development and Applications of the GREET Model Well-to-Wheels Energy and Emission Impacts of Vehicle/Fuel Systems Development and Applications of the GREET Model Michael Wang Center for Transportation Research Argonne National Laboratory California

More information

Ethanol Report April 2007 Written by Matthew Page, Co-Manager of the Alternative Energy Fund

Ethanol Report April 2007 Written by Matthew Page, Co-Manager of the Alternative Energy Fund Ethanol Report April 2007 Written by Matthew Page, Co-Manager of the Alternative Energy Fund Ethanol: Fuel for thought. The sun, rich mid-america farmland, water and a little patience. These simple, wholesome

More information

DISCUSSION PAPER. Ex Post Costs and Renewable Identification Number (RIN) Prices under the Renewable Fuel Standard

DISCUSSION PAPER. Ex Post Costs and Renewable Identification Number (RIN) Prices under the Renewable Fuel Standard DISCUSSION PAPER June 2015 RFF DP 15-22 Ex Post Costs and Renewable Identification Number (RIN) Prices under the Renewable Fuel Standard G a b r i e l E. Lade, C. - Y. Cyn t h i a L i n, a n d Aa r o n

More information

BIOFUELS. Market situation. Projection highlights

BIOFUELS. Market situation. Projection highlights 3. COMMODITY SNAPSHOTS BIOFUELS Market situation Cereals, oilseeds and vegetable oil prices in 2014 continued their decrease in nominal terms. This, coupled with the strong decline in crude oil prices

More information

New Energy Solutions from Biosciences: Research Activities at the Energy Biosciences Institute

New Energy Solutions from Biosciences: Research Activities at the Energy Biosciences Institute New Energy Solutions from Biosciences: Research Activities at the Energy Biosciences Institute BioRefine Annual Seminar November 2, 2011 Dr. Susan Jenkins, Managing Director The Energy Bioscience Institute

More information

CONTRIBUTION OF THE ETHANOL INDUSTRY TO THE ECONOMY OF THE UNITED STATES IN 2014

CONTRIBUTION OF THE ETHANOL INDUSTRY TO THE ECONOMY OF THE UNITED STATES IN 2014 CONTRIBUTION OF THE ETHANOL INDUSTRY TO THE ECONOMY OF THE UNITED STATES IN 2014 Prepared for the Renewable Fuels Association by John M. Urbanchuk Managing Partner February 2015 The U.S. ethanol industry

More information

U.S. ECONOMIC IMPACT OF ADVANCED BIOFUELS PRODUCTION:

U.S. ECONOMIC IMPACT OF ADVANCED BIOFUELS PRODUCTION: U.S. ECONOMIC IMPACT OF ADVANCED BIOFUELS PRODUCTION: Perspectives to 2030 February 2009 U.S. Economic Impact of Advanced Biofuels Production: Perspectives to 2030 February 2009 Executive Summary The

More information

Industrial Symbiosis in Biofuel Industries: A case for improved environmental and economical performance Michael Martin

Industrial Symbiosis in Biofuel Industries: A case for improved environmental and economical performance Michael Martin Industrial Symbiosis in Biofuel Industries: A case for improved environmental and economical performance Michael Martin Environmental Technology and Management Michael.Martin@liu.se What do you know about

More information

Biomass Issues. John Christopher Madole Associates, Inc. presentation to the Minnesota Department of Commerce September 12, 2007

Biomass Issues. John Christopher Madole Associates, Inc. presentation to the Minnesota Department of Commerce September 12, 2007 Biomass Issues John Christopher Madole Associates, Inc. presentation to the Minnesota Department of Commerce September 12, 2007 Biomass Issues Feedstocks-- Harvesting, Transporation & Storage Process Technology

More information

City of Columbus Green Fleet Action Plan

City of Columbus Green Fleet Action Plan City of Columbus Green Fleet Action Plan 2011-2014 Department of Finance and Management Division of Fleet Management 1 City of Columbus Green Fleet Action Plan 2011-2014 Mayor Michael B. Coleman Section

More information

Global Biofuels Outlook to 2020. Alternative Aviation Fuel In Asia Singapore February 15-16, 2012

Global Biofuels Outlook to 2020. Alternative Aviation Fuel In Asia Singapore February 15-16, 2012 Global Biofuels Outlook to 2020 Alternative Aviation Fuel In Asia Singapore February 15-16, 2012 Overview 1. Global Product Demand 2. Global Biofuels Mandate 3. Biofuels Penetration in the Global On-road

More information

Oilseed, Biodiesel and Ethanol Subsidies & Renewable Energy Mandates: US Federal & Selected State Initiatives

Oilseed, Biodiesel and Ethanol Subsidies & Renewable Energy Mandates: US Federal & Selected State Initiatives Oilseed, Biodiesel and Ethanol Subsidies & Renewable Energy Mandates: US Federal & Selected State Initiatives Agricultural Marketing Policy Center Linfield Hall P.O. Box 172920 Montana State University

More information

Youngs California's Energy Future UCB Bioeconomy 2011. Heather Youngs, PhD Bioenergy Analyst University of California, Berkeley

Youngs California's Energy Future UCB Bioeconomy 2011. Heather Youngs, PhD Bioenergy Analyst University of California, Berkeley Heather Youngs, PhD Bioenergy Analyst University of California, Berkeley Key Policies that guided this analysis ObjecJves Policy/Report Goals and Milestones California* Petroleum ReducJon Reducing California

More information

Environmental Protection Agency

Environmental Protection Agency Vol. 78 Thursday, No. 158 August 15, 2013 Part II Environmental Protection Agency 40 CFR Part 80 Regulation of Fuels and Fuel Additives: 2013 Renewable Fuel Standards; Final Rule VerDate Mar2010 18:06

More information

The Next Generation Near-Zero Emission Natural Gas Vehicles

The Next Generation Near-Zero Emission Natural Gas Vehicles The Next Generation Near-Zero Emission Natural Gas Vehicles Jeff Reed Director of Emerging Technologies Southern California Gas Company November 29, 2011 1 2006 The Gas Company. All copyright and trademark

More information

DSM Position on Sustainable Biomass

DSM Position on Sustainable Biomass Corporate Public Affairs Het Overloon 1, 6411 TE Heerlen, the Netherlands www.dsm.com April 2012 DSM Position on Sustainable Biomass Key messages DSM is a leading Life Sciences and Materials Sciences company

More information

11 th Annual JMP Securities Research Conference

11 th Annual JMP Securities Research Conference NASDAQ: PEIX 11 th Annual JMP Securities Research Conference May 16, 2012 Cautionary Statements With the exception of historical information, the matters discussed in this presentation including, without

More information

Bioenergy. a carbon accounting time bomb

Bioenergy. a carbon accounting time bomb Bioenergy a carbon accounting time bomb Andy Hay (rspb-images.com) 3 4 Background: a carbon accounting time bomb Carbon debt of woody biomass 7 Carbon laundering biofuels and indirect land use change 10

More information

THE FUTURE OF THE SCHOOL BUS

THE FUTURE OF THE SCHOOL BUS THE FUTURE OF THE SCHOOL BUS INTRODUCTION School buses across the country bring 24 million students to school every day. 1 They are a constant presence in our children s lives, and yet they have scarcely

More information

Policy Options for Integrated Energy and Agricultural Markets. Wally Tyner Farzad Taheripour

Policy Options for Integrated Energy and Agricultural Markets. Wally Tyner Farzad Taheripour Policy Options for Integrated Energy and Agricultural Markets Wally Tyner Farzad Taheripour Market Integration In the past, agricultural markets have been well integrated. Markets for different energy

More information

2015 -- S 0417 S T A T E O F R H O D E I S L A N D

2015 -- S 0417 S T A T E O F R H O D E I S L A N D LC001 01 -- S 01 S T A T E O F R H O D E I S L A N D IN GENERAL ASSEMBLY JANUARY SESSION, A.D. 01 A N A C T RELATING TO TAXATION -- CARBON PRICING AND ECONOMIC DEVELOPMENT INVESTMENT ACT OF 01 Introduced

More information

Training Workshop: RETScreen for Assessing Renewable Energy Projects

Training Workshop: RETScreen for Assessing Renewable Energy Projects Training Workshop: RETScreen for Assessing Renewable Energy Projects November, 2009 Sponsored by Energy Sector Management Assistance Programme Coordinated by The World Bank Presented by Dr. Roland R Clarke

More information

The Economic Impact of the Biodiesel Industry on the U.S. Economy

The Economic Impact of the Biodiesel Industry on the U.S. Economy The Economic Impact of the Biodiesel Industry on the U.S. Economy A study for: National Biodiesel Board November 2013 Research and analysis to inform your business decisions LMC International Oxford 4

More information

The sunliquid process - cellulosic ethanol from agricultural residues. Dr. Markus Rarbach Group Biotechnology Biofuels & Derivatives

The sunliquid process - cellulosic ethanol from agricultural residues. Dr. Markus Rarbach Group Biotechnology Biofuels & Derivatives The sunliquid process - cellulosic ethanol from agricultural residues Dr. Markus Rarbach Group Biotechnology Biofuels & Derivatives 2 A globally leading company in specialty chemicals 6 116 235 4 Sales

More information

LAW OF BIOFUELS Tax Issues

LAW OF BIOFUELS Tax Issues LAW OF BIOFUELS Tax Issues Charles S. Lewis III Stoel Rives LLP 600 University Street, Suite 3600 Seattle, WA 98101 206-386-7688 cslewis@stoel.com Robert T. Manicke Stoel Rives LLP 900 SW Fifth Avenue,

More information

ACORE WHITE PAPER: CO-LOCATION REQUIREMENTS UNDER

ACORE WHITE PAPER: CO-LOCATION REQUIREMENTS UNDER ACORE WHITE PAPER: CO-LOCATION REQUIREMENTS UNDER THE RFS IMPEDE ADVANCED BIOFUELS DEVELOPMENT I) INTRODUCTION The Renewable Fuel Standard (RFS) was passed with bipartisan support in the Energy Security

More information

A Business Case Analysis of Opportunities and Challenges

A Business Case Analysis of Opportunities and Challenges PNNL-17351 Biofuels in Oregon and Washington A Business Case Analysis of Opportunities and Challenges Prepared by Pacific Northwest National Laboratory Biofuels in Oregon and Washington: A Business Case

More information

Review of the Boston Consulting Group Understanding the Impact of AB32 Report. Final Report

Review of the Boston Consulting Group Understanding the Impact of AB32 Report. Final Report Review of the Boston Consulting Group Understanding the Impact of AB32 Report Final Report Prepared for California Business Alliance for a Green Economy Date: October 5, 2012 Prepared by TIAX LLC 20813

More information

RISK FACTORS IN ETHANOL PRODUCTION

RISK FACTORS IN ETHANOL PRODUCTION RISK FACTORS IN ETHANOL PRODUCTION David Coltrain Extension Assistant, Department of Agricultural Economics Kansas Cooperative Development Center Kansas State University Manhattan, KS 66506 785-532-1523

More information

Rudolph Diesel demonstrated the diesel engine at the 1900 Worlds Fair running on Peanut Oil! In WWII, the US Government closely looked at biodiesel

Rudolph Diesel demonstrated the diesel engine at the 1900 Worlds Fair running on Peanut Oil! In WWII, the US Government closely looked at biodiesel Rudolph Diesel demonstrated the diesel engine at the 1900 Worlds Fair running on Peanut Oil! In WWII, the US Government closely looked at biodiesel as an alternative fuel in case our petroleum supply line

More information

The etuber - A Very High Yielding, Sustainable Feedstock for ABF Biofuels, Plastics and High Value Co-Products

The etuber - A Very High Yielding, Sustainable Feedstock for ABF Biofuels, Plastics and High Value Co-Products The etuber - A Very High Yielding, Sustainable Feedstock for ABF Biofuels, Plastics and High Value Co-Products CAREnergy of SC: Dr. Janice Ryan- Bohac, PhD BIO World Congress 2015 EE-Tuber Allows Expansion

More information

Hydrothermal Upgrading of Lignite and Biomass. Dr Bill Rowlands Chief Scientist Ignite Energy Resources & Licella

Hydrothermal Upgrading of Lignite and Biomass. Dr Bill Rowlands Chief Scientist Ignite Energy Resources & Licella Hydrothermal Upgrading of Lignite and Biomass Dr Bill Rowlands Chief Scientist Ignite Energy Resources & Licella Advisory Forward looking statements This presentation contains "forward looking statements"

More information

October 16, 2014. UNICA s Comments on Brazilian Sugarcane Ethanol Availability for the LCFS.

October 16, 2014. UNICA s Comments on Brazilian Sugarcane Ethanol Availability for the LCFS. October 16, 2014 VIA ELECTRONIC MAIL Mike Waug Branch Chief, Alternative Fuels Section California Air Resources Board 1001 I Street Sacramento, CA 95814 RE: UNICA s Comments on Brazilian Sugarcane Ethanol

More information

What are biofuels? Pocket K No. 24. Biotechnology for Green Energy: Biofuels

What are biofuels? Pocket K No. 24. Biotechnology for Green Energy: Biofuels Pocket K No. 24 Biotechnology for Green Energy: Biofuels What are biofuels? Biofuels are alternative fuels made from plant and plant-derived resources. Biofuels are used mainly for transportation. There

More information

NNPC Automotive Biomass Ethanol Programme Renewable Energy Division (RED) NNPC BIOFUELS DEVELOPMENT IN NIGERIA Presentation for National Conference on Clean Air, Clean Fuels and Vehicles May 2006 Agenda

More information

Sweden. Biofuels Annual. Clearance Office: All - FAS. Date: 6/24/2009 GAIN Report Number: SW9008

Sweden. Biofuels Annual. Clearance Office: All - FAS. Date: 6/24/2009 GAIN Report Number: SW9008 Voluntary - Public Clearance Office: All - FAS Date: 6/24/2009 GAIN Report Number: SW9008 Sweden Post: Stockholm Biofuels Annual Report Categories: Bio-Fuels Approved By: Stephen Huete Prepared By: Bettina

More information

Biofuels in Canada: Tracking progress in tackling greenhouse gas emissions from transportation fuels

Biofuels in Canada: Tracking progress in tackling greenhouse gas emissions from transportation fuels Biofuels in Canada: Tracking progress in tackling greenhouse gas emissions from transportation fuels Canadian biofuel mandates, volumes, feedstocks and avoided greenhouse gas emissions March 29 th, 2016

More information

Study Guide. Biofuel vs Petroleum-based fuel Exam questions will relate the lectures to each other

Study Guide. Biofuel vs Petroleum-based fuel Exam questions will relate the lectures to each other Study Guide Biofuel vs Petroleum-based fuel Exam questions will relate the lectures to each other Advantages and disadvantages of the different fuels (methanol, ethanol, bioethanol, and biodiesel) and

More information

G u d b r a n d R ø d s r u d Te c h n o l o g y D i r e c t o r B u s i n e s s D e v e l o p m e n t B o r r e g a a r d A S

G u d b r a n d R ø d s r u d Te c h n o l o g y D i r e c t o r B u s i n e s s D e v e l o p m e n t B o r r e g a a r d A S IBioIC s 2nd Annual Conference, Glasgow, 28.-29. January 2016. Session 6: What does success look and feel like BORREGAARD 70 YEARS+ EXPERIENCE IN RUNNING A LEADING INTEGRATED BIOREFINERY G u d b r a n

More information

Energy in 2020: Assessing the Economic Effects of Commercialization of Cellulosic Ethanol

Energy in 2020: Assessing the Economic Effects of Commercialization of Cellulosic Ethanol Energy in 2020: Assessing the Economic Effects of Commercialization of Cellulosic Ethanol by Stefan Osborne Office of Competition and Economic Analysis Executive Summary U.S. dependence on imports of crude

More information

Analysis of Whether the Prices of Renewable Fuel Standard RINs Have Affected Retail Gasoline Prices

Analysis of Whether the Prices of Renewable Fuel Standard RINs Have Affected Retail Gasoline Prices Analysis of Whether the Prices of Renewable Fuel Standard RINs Have Affected Retail Gasoline Prices A Whitepaper Prepared for the Renewable Fuels Association Key Findings Changes in prices of renewable

More information

Alternative fuels. The way forward

Alternative fuels. The way forward Alternative fuels The way forward Contents Foreword Alternative fuels - an overview Different alternatives - with different prerequisites The five most promising fuels Energy efficiency Land use efficiency

More information