The Environmental Protection Agency (EPA) released today its final Renewable Fuel Standard (RFS) renewable volume obligations (RVOs) for 2018.
The agency finalized a total renewable fuel volume of 19.29 billion gallons, including 4.29 billion advanced biofuel – a slight increase from the proposal – and 288 million gallons of cellulosic biofuel. The agency maintained the requirement for conventional renewable fuels like corn ethanol at 15 billion gallons. EPA also kept the requirement for biomass-based diesel at 2.1 billion gallons again for 2019.
Renewable Fuels Association President and CEO Bob Dinneen says they are pleased that the final rule maintains the statutory requirement for ethanol. “The final rule is a marked improvement, increasing both total renewable fuel and cellulosic biofuel volumes by 50 million gallons over the proposed levels. Still, we would encourage EPA to closely monitor the commercialization of new cellulosic technologies, particularly regarding corn kernel fiber conversion, because we believe greater cellulosic production is likely. The RFS needs to remain a forward-looking program, driving investment in these new technologies.”
Hear Dinneen’s comments: RFA CEO Bob Dinneen comments on Final RVO
Growth Energy CEO Emily Skor – “The EPA’s on-time announcement upholds the statutory targets for conventional biofuels, which will provide much-needed certainty for hard-pressed rural communities. We would like to have seen a boost to the target blending levels for cellulosic biofuels, and we will continue to work with the administration to advance the RFS goal of further stimulating growth and showing U.S. leadership in 21st century fuels.”
Skor’s comments: Growth Energy CEO Emily Skor comments on Final RVO
American Coalition for Ethanol CEO Brian Jennings says the advanced biofuel volume of 4.29 billion gallons “represents a modest step in the right direction for the RFS” to “reassure retailers that it makes sense to offer E15 and flex fuels.”
Jennings’s comments – ACE CEO Brian Jennings comments on Final RVO
National Biodiesel Board chief operating officer Doug Whitehead says the industry is disappointed in the final numbers but optimistic moving forward “to right this wrong for future volumes.”
Whitehead’s comments – NBB’s Doug Whitehead comments on Final RVO