PHOTO: ICM INC.
December 20, 2021
BY Holly Jessen
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The U.S. EPA on Jan. 17 released updated data showing that more than 25.22 billion renewable identification numbers (RINs) were generated under the Renewable Fuel Standard in 2024, up from 23.85 billion in 2023.
The USGC was awarded a second round of funding from the USDA under its Regional Agriculture Promotion Program. The award will disperse $16 million to the USGC for use in developing markets for U.S. agricultural exports.
Green Plains Inc. on Jan. 16 announced that key milestones for the “Advantage Nebraska” carbon strategy have been met. The project, which will sequester CO2 from three of the company’s ethanol plants, remains on track to be operational in 2025.
U.S. fuel ethanol production was down approximately 1% the week ending Jan. 10, according to data released by the U.S. Energy Information Administration on Jan. 15. Ending stocks of fuel ethanol were up 4% and exports were down 19%.
The U.S. Energy Information Administration maintained its forecast for 2025 fuel ethanol production in its latest Short-Term Energy Outlook, released Jan. 14. The agency revised up its estimate of 2024 fuel ethanol blending.