EPA’s 411 on RINs & RVOs

Joanna Schroeder

A recent “Today in Energy” brief published by the U.S. Energy and Information Administration takes a look at how the Environmental Protection Agency (EPA) monitors Renewable Identification Numbers (RIN) and Renewable Volume Obligations (RVO) as part of the Renewable Fuel Standard (RFS). RVOs are the targets for each refiner or importer of petroleum-based gasoline or diesel fuel, while RINS allow …

advance biofuels, Biodiesel, biofuels, Ethanol, RINS

Siouxland Energy Steps Up to Step Down Gas Prices

Joanna Schroeder

As gas prices continue to rise, the ethanol industry is taking a bold step to ensure consumers save at the pump. While E10 and E15 are saving drivings money with each gallon, now flex fuel drivers who use E85 can save even more money. Siouxland Energy and Livestock Cooperative (SELC), a 60 million gallon per year ethanol plant in Sioux …

Alternative energy, E15, E85, Ethanol, RINS

Study: RIN Prices for E85 Expansion

Joanna Schroeder

According to recent study by FAPRI-MU higher biofuel blending requirements through the Renewable Fuel Standard (RFS) increase the incentives to use higher biofuel blends, as seen by high Renewable Identification Number (RIN) prices so far this year. The study began with baseline projections for biofuel and agricultural markets and then built on a series of assumptions about how the RFS …

Biodiesel, biofuels, Ethanol, RINS

RINs Could Be Key to Aviation Biofuels Viability

John Davis

The Environmental Protection Agency’s (EPA) decision that makes aviation biofuel, better known as biojet, eligible for Renewable Identification Numbers (RINs) could make those green fuels viable for the aviation industry. This piece from Platts says the aviation industry could qualify for D4 biodiesel, D5 advanced biofuel or D7 cellulosic diesel RINs, despite jet fuel being exempt from RINs obligations. “The …

aviation biofuels, biofuels, biojet fuel, RINS

CME to Offer Biodiesel, Ethanol RIN Futures Contracts

John Davis

Trader CME Group will be offering nine new futures contracts for Renewable Identification Numbers (RINs) for biodiesel and ethanol, among other renewables. This company news release says they’ll be listed by and subject to the rules and regulations of NYMEX. “With the recent increase in volatility in RINs prices, we’ve seen strong interest from our customers and other market participants …

Biodiesel, Ethanol, RFS, RINS

Kinder Morgan to Blend Biodiesel in Las Vegas, Phoenix

John Davis

Energy company Kinder Morgan has announced it will soon start blending biodiesel at its Las Vegas and Phoenix terminals. This Reuters article says the company made the decision based, in part, on the upswing in Renewable Identification Numbers values: The company is benefitting from a spike in the price of renewable credits, known as RINs. The move is “positive for …

Biodiesel, RINS

Genscape Launches 1M QAP-B-Assured RINs

Joanna Schroeder

Through Genscape’s Quality Assurance Plan (QAP), there are now 1,058,000 QAP-B Renewable Identification Numbers (RINa) available for identification to obligated parties using Genscape’s RIN Integrity Network, a visual platform where obligated parties identify producers offering QAP RINs. Genscape’s validation process utilizes the its monitoring technology to offer a cost-effective and truly independent solution to ensure producers are meeting the EPA’s …

biofuels, RINS

Growth Energy Heads to the Hill

Joanna Schroeder

Growth Energy and its members are heading to Capitol Hill today to meet with legislators regarding the benefits of the ethanol industry. In particular, participants will discuss the value of E15, the Renewable Fuel Standard (RFS) and the issues surrounding Renewable Identification Numbers (RINs). This morning, the Growth Energy leadership team, CEO Tom Buis, and Co-Chairmen of the Board General …

Audio, Ethanol, Growth Energy, RFS, RINS

AgFanatics Talk Ethanol & RINs

John Davis

A podcast we’ve talked about on our sister website, AgWired.com is the AgFanatics … AgriVisor Account Manager Cory Winstead and AgriVisor Risk Management Specialist Nick Klump, who talk ag issues on a regular basis. No surprise that ethanol and Renewable Identification Numbers (RINs) made it onto their radar, as it is a topic pretty important in ag circles. In this …

Ethanol, GROWMARK, News, RINS

Analysis: RIN Prices Not Pushing Up Gas Prices

John Davis

Contrary to what some in oil industry are trying to tell the public, the recent rise in prices for Renewable Identification Numbers (RINs), the government’s tracking system to make sure companies are properly complying with federal rules about using renewable energy, is not pushing up gas prices. University of Illinois analysts Scott Irwin and Darrel Good say RINs also don’t …

Research, RINS