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CARB votes to adopt LCFS updates

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By Erin Voegele

November 12, 2024

Policy Markets 

CARB on Nov. 8 approved updates to its LCFS that aim to reduce the CI of the state’s transportation fuel by 30% by 2030. The updates also alter how a variety of biofuels, including biobased diesel and RNG, participate in the program.

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Gevo Inc. released Q3 financial results on Nov. 7, discussing the impact of the conditional commitment for its DOE loan guarantee and confirming the company’s acquisition of Red Trail Energy remains on track to close in early 2025.

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Veterans to Vance: Renewable fuels key to energy security

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By Renewable Fuels Association

November 12, 2024

Veterans for Renewable Fuels on Nov. 11 sent a letter to Vice President-elect JD Vance, congratulating him on his election, making him aware that veterans make up 16% of the ethanol industry workforce.

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Reps. Mariannette Miller-Meeks, R-Iowa, and Sharice Davids, D-Kan., on Nov. 8 introduced legislation that aims to extend the existing second generation biofuel producer tax credit for an additional year, through 2025.

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The future of the ethanol industry in both the U.S. and Canada will be shaped by the industry’s ability to keep science-based carbon intensity at the forefront, specifically when it comes to life cycle carbon assessment (LCA).

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USDA: 2024 corn yields reach record high

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By Erin Voegele

November 08, 2024

The USDA National Agricultural Statistics Service on Nov. 8 slightly reduced its forecasts for 2024 corn production and yield. Even with those reductions, corn yields are expected to set a record at 183.1 bushels per harvested acre.

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The USDA maintained its forecast for 2024-’25 corn use in ethanol production in its latest World Agricultural Supply and Demand Estimates report, released Nov. 8. The agency increased its estimate for 2023-’24 corn use in ethanol.

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Among the current primary focus areas for the U.S. Grains Council are sustainable aviation fuel, building and expanding global markets and encouraging parallels between U.S. carbon programs and others around the world.

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Alto Ingredients Inc. on Nov. 6 released Q3 financial results, announcing an agreement with Vault 44.01 related to a CCS project in Illinois and indicating the company is considering idling its Idaho ethanol plant in response to falling margins.

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U.S. operable biofuels capacity was at 24.9 billion gallons per year in August, down slightly from the previous month, according to data released by the U.S EIA. Feedstock consumption was up when compared to the previous year.

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U.S. fuel ethanol exporters are on track to export a record amount of the fuel in 2024. The increase in exports this year has largely been driven by demand in countries with biofuel blending mandates and cheaper-than-usual U.S. fuel ethanol prices.

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A steam-generating heat pump technology available in an energy-as-a-service package is giving ethanol producers a zero-capex decarbonization solution.

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U.S. fuel ethanol production expanded by 2% the week ending Nov. 1, according to data released by the U.S. Energy Information Administration on Nov. 6. Ethanol stocks were up 1% and exports were up 82%.

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South Dakota voters on Nov. 5 rejected a law signed earlier this year that pertains to the development of CO2 pipelines within the state. Summit Carbon Solutions confirmed it still plans to file a permit application with the state later this month.

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The RFA, Growth Energy and the IRFA on Nov. 6 issued statements congratulating President Donald Trump on his re-election and committing to work with the upcoming administration to expand the use of E15.

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Archer Daniels Midland Co. on Nov. 4 released preliminary third quarter 2024 highlights, reporting strong performance for its Carbohydrates Solutions business. The company postponed its third quarter earnings call due to accounting errors.

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Aemetis Inc. on Nov. 5 announced strong support for the updated Low Carbon Fuel Standard proposal and strongly urges its adoption by the California Air Resources Board at its meeting on Nov. 8.

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Strength Through Diversification

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By Luke Geiver

November 06, 2024

Chief Ethanol is celebrating 40 years of operation in south-central Nebraska—a milestone made possible by its parent company’s seven-decades-long strategy of enterprise breadth.

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The U.S. exported 148.49 million gallons of ethanol and 1.01 million metric tons of distillers grains in September, according to data released by the USDA on Nov. 5. Exports of ethanol were up, while exports of distillers grains were down slightly.

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The Andersons Inc. released third quarter financial results on Nov. 5, reporting record third-quarter pretax income for its renewables segment on strong operating performance and improved ethanol margins.

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The American Fuel & Petrochemicals Manufacturers on Nov. 1 petitioned the U.S. EPA to waive a portion of the compliance year 2024 Renewable Fuel Standard renewable volume obligation (RVO) for cellulosic biofuel.

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Decoding Decarbonization

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By Katie Schroeder

November 05, 2024

EcoEngineers hosted two webinars in October on reducing ethanol plant emissions. Ultimately, getting into the high-value, low-CI ethanol market is now as much about climate-smart farming as energy-efficient production.

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Missouri Attorney General Andrew Bailey on Nov. 1 sent a letter to the California Air Resources Board demanding the agency rescind proposed changes to its LCFS. CARB is expected to vote to adopt proposed LCFS amendments on Nov. 8.

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In honor of Veterans Day, a special fuel promotion will give local drivers access to a deep fuel discount on two popular ethanol fuel blends, sponsored by Kansas Corn and Veterans for Renewable Fuels.

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USGC staff traveled to Tokyo, Japan in October to participate in the 2024 Sustainable Aviation Fuel (SAF) and Bioethanol Summit, where industry leaders, educators and policymakers gathered to discuss the future of biofuel use.

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Christianson PLLP shares updates on New Mexico’s work to establish and implement its Clean Transportation Fuel Standard.

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LanzaTech Global Inc. has announced plans to develop a commercial-scale carbon capture and utilization (CCU) facility at Herøya Industrial Park in Porsgrunn, Norway. The plant will produce ethanol and is expected to begin operations in 2028.

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ICM has signed an EPC agreement to provide Absolute Energy LLC, with its patented FOT Oil Recovery technology, which enhances oil production while reducing natural gas consumption and improving the facility’s overall energy efficiency.

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Bridgestone Americas on Oct. 22 announced it received a grant from the DOE’s Industrial Efficiency and Decarbonization Office to support the development of a pilot plant that will advance an innovative approach to obtaining butadiene from ethanol.

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Green Plains Inc. released Q3 financial results on Oct. 31, reporting improved ethanol margins. Company officials discussed the successful startup of Green Plains’ Clean Sugar Technology facility and the planned retirement of CFO Jim Stark.

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