Renewable Identification Numbers (RINs) prices jumped sharply after tge Environmental Protection Agency (EPA) released its final numbers for the amount of biodiesel and ethanol to be blended into the nation’s fuel supply. This analysis from University of Illinois’ Scott Irwin and Darrel Good says not only were the EPA numbers a shock and reflected in the RINs’ prices, but it …
Explaining Dropping Biodiesel RIN Prices
The price for D4 biodiesel renewable identification numbers (RINs) has dropped by more than 50 cents since the middle of June, leaving many scratching their heads and asking, “Why?” Analysts from the University of Illinois have an explanation. The first factor contributing to the decline in D4 biodiesel RINs prices is the price of soybean oil, which is the main …
Justice Cracks Down on Biodiesel RIN Defrauders
To maintain the integrity of government incentives for biodiesel, the feds are cracking down on defrauders. This news release from the U.S. Department of Justice says four individuals have been sentenced for their part in the $23 million scheme. Dean Daniels, 52, Richard Smith, 57, Brenda Daniels, 45 and William Bradley, 58, all of Florida, pleaded guilty and were sentenced …
EPA, Justice Settle with Utah RIN Violator
The U.S. Environmental Protection Agency (EPA) and the U.S. Department of Justice (DOJ) have reached a settlement with a Utah-based company that was alleged to have generated more than 7.2 million invalid renewable fuel credits worth more than $2 million. This news release from the EPA says Washakie Renewable Energy, LLC generated the Renewable Identification Numbers, or RINs, from the …
TruMarx Offers Biodiesel and RINs Transactions on COMET
TruMarx Data Partners is now offering biodiesel and renewable identification numbers (RINs) transactions on COMET, the energy industry’s on-demand platform for custom bilateral OTC transactions. COMET now supports direct bilateral transactions for biodiesel and assigned RINs, separated D4 RINs, and RIN-less biodiesel (wet gallons). This new capability allows users to: • Electronically and confidentially structure their transaction to include important …
Cellerate Receives D3 RIN Certification
The Environmental Protection Agency (EPA) has given D3 Renewable Identification Numbers (RINs) certification to Quad County Corn Processors (QCCP) for its cellulosic ethanol produced with Cellerate process technology. The technology is a collaboration between Syngenta and Cellulosic Ethanol Technologies, a subsidiary of QCCP. The biorefinery earned D3 pathway approval from the EPA on Oct. 7, 2014 and Quality Assurance Program …
Report Sheds Light on Biodiesel RINs Behavior
What the federal government ends up doing about the proposed amount of biodiesel and ethanol to be blended into the nation’s fuel supply will have an effect on the valuable renewable identification numbers (RINs) used by blenders and fuel producers. This report from the University of Illinois is the latest in the series of articles from the school’s Ag and …
Impact of Ethanol Mandates on Fuel Prices Nill
Professors Sebastien Pouliot and Bruce A. Babcock with Iowa State University’s Center for Agricultural and Rural Development (CARD) have released a new paper, “Impact of Ethanol Mandates on Fuel Prices When Ethanol and Gasoline are Imperfect Substitutes“. The authors note papers that consider the two transportation fuels “equal” have been of limited use in informing current policy debates because the …
Oberon Fuels Receives Biogas RFS Approval
Oberon Fuels has received approval as a renewable fuel under the Renewable Fuel Standard (RFS) from the Environmental Protection Agency (EPA) for its biogas-based dimethyl ether (DME) fuel. The company’s biogas-based DME is now eligible for high value D-Code 3 (cellulosic) and D-Code 5 (advanced) renewable identification numbers (RINs). The EPA determined that biogas-based DME produced from the Oberon process …
DF Cast: Ethanol Innovators Talk New Tech at ACE Conf.
Any manufacturer is looking to get more out of their operations, and it’s certainly no different for biofuel makers. In this edition of the Domestic Fuel Cast, we hear from four innovators who talked about their operations and how they are on the cutting edge of biofuel producing technologies during the recent at the American Coalition for Ethanol conference. Among …