Search
Reforms to the US flagship renewable fuels programme have been stalled indefinitely, as pressure from lawmakers in corn growing states scuppered an EPA plan that they feared would hit demand for ethanol.
Total, set to be one of Europe’s biggest producers of biodiesel, faces the...
US President Donald Trump’s administration is expected on 4 June to formally announce revisions to the country’s biofuels laws, along the lines of a compromise drawn up by the White House last month.
The Year 11 certificate market saw some trading activity this week, with the bid and offer range tightening to the narrowest band seen in several weeks.
The US ethanol sector has filed a legal suit challenging the issuance of waivers to specific oil refineries by the Environmental Protection Agency, in the latest round of an escalating political standoff over the country’s energy mix, according to a press release published Wednesday.
Another quiet week saw oil and biofuel prices the predominant influencer of certificate prices, with the range for Year 10 bids and offers moving wider apart while the Year 11 range tightened.
Argentina produced 67,486 cubic metres of bioethanol in March, down nearly 20% from 82,797 cubic metres in the equivalent month in 2017, data from the Ministry of Energy shows.
The European Union has taken a major step towards slapping revised duties on Argentine biodiesel after the bloc’s executive placed the commodity under ‘registration’ on 23 May, a date that could be used to retroactively apply countervailing duties.
Brazil’s plan to increase its mandatory biodiesel blend by 50% to 15% in all retail diesel by 2025, could be a bonanza for the country’s grain crushing industry.
The US biofuel lobby group the Renewable Fuels Association has questioned the way in which Brazil calculates greenhouse gas savings for imported US corn-based ethanol versus Brazilian corn-based ethanol under the country’s flagship Renovabio biofuel programme.
Argentina exported 65,200 mt of biodiesel in March, up compared to 43,000 mt in the same month the previous year, the latest statistics from Argentina’s Ministry of Energy has showed.
Creeping crude prices underpinned the principle moves in the UK’s RTFC market this week, with physical low sulfur diesel prices up over $22/mt from last Friday, to poke just above the $699/mt level.
Upcoming talks to recast the renewable energy directive may focus on limiting the environmental impact of crop-based biodiesels, particularly those derived from soyoil and palmoil.
Argentina is expected to export some 700,000 mt of biodiesel during 2018, down from the 1.2 million mt in 2017, Gustavo Idigoras, a consultant with Carbio, told Energy Census.
It was another week in which trading activity was light and both the buy side and the sell side showed little in the way of clear indications.
Global employment in the biofuels sector expanded 12% last year to 1.93 million, as production of ethanol and biodiesel increased in most major producing countries, renewable energy agency IRENA said in a report published this week.
Argentina’s agriculture minister Luis Etchevehere has held talks with his counterpart, US agriculture secretary Sonny Purdue, to discuss issues including the duties imposed on Argentine biodiesel exports.
UK biomethane producers may soon get clarity from the UK government on whether they will have flexibility for projects to pursue credits from the Renewable Fuels Transport Obligation instead of just claiming subsidies under the Renewable Heating Initiative.
Bids and offers for Year 11 RTFCs were heard bracketing either side of traded levels this week, with bids heard at 18 p, offers heard at 19 p and trades at 18.5 p/certificate.
US ethanol exports in March were the second-biggest ever for a monthly total, totalling 215.1 million gallons (mg), according to government data released this week and analysed by the Renewable Fuels Association (RFA).