Latest news with #RenewableFuelStandard
Express Tribune
7 days ago
- Business
- Express Tribune
EPA proposes higher biofuel blending
Listen to article President Donald Trump's administration on Friday proposed to increase the amount of biofuels that oil refiners must blend into the nation's fuel mix over the next two years, driven by a surge in biomass-based diesel mandates. After months of lobbying on the issue, the biofuels industry welcomed the move, which also included measures to discourage biofuel imports. The US Environmental Protection Agency proposed total biofuel blending volumes at 24.02 billion gallons in 2026 and 24.46 billion gallons in 2027, up from 22.33 billion gallons in 2025. Under the Renewable Fuel Standard, refiners are required to blend large volumes of biofuels into the US fuel supply or purchase credits, called RINs, from those that do. Small refiners can apply for an exemption to the requirements if they can prove the obligations would cause undue harm. The proposal is driven in part by an increase in biomass-based diesel requirements. EPA set a quota of 7.12 billion biomass-based diesel RINs for 2026 — a measurement of the number of tradable credits generated by blending the fuel. It said it projected that mandate would lead to the blending of 5.61 billion gallons. The EPA expressed the biomass-based diesel requirement in billion RINs in accordance with the agency's proposal to reduce the number of RINs that could be generated from imported biofuels. After accounting for the reduction for imported biofuels, the EPA said it projected the number of RINs generated for biomass-based diesel would be 1.27 per gallon in 2026 and 1.28 RINs per gallon in 2027. Previously, the EPA projected the average gallon of biomass-based diesel generated 1.6 RINs.
Yahoo
21-05-2025
- Business
- Yahoo
Ethanol Industry Report 2025-2030: Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework
The global ethanol market is experiencing growth due to government support for renewable energy production, coupled with company-driven innovation in ethanol production methods and the discovery of new applications for ethanol. Ethanol Market Dublin, May 21, 2025 (GLOBE NEWSWIRE) -- The "Ethanol Market - Forecasts from 2025 to 2030" report has been added to global ethanol market is projected to grow at a CAGR of 3.37% over the forecast period, increasing from US$56.018 billion in 2025 to US$66.115 billion by 2030. Market Growth Drivers: Increasing Demand for Renewable Energy: The global push for renewable energy sources is a primary driver, as societies aim to reduce reliance on non-renewable fuels and develop environmentally friendly energy production methods. Government Policies: Government regulations promoting renewable fuels are crucial for ethanol market growth. Many governments have implemented strategies to encourage the adoption of renewable fuels, such as blending policies that mandate the inclusion of ethanol in gasoline at specific minimum percentages. New product launches: Leading companies in the ethanol sector are investing in business expansion through various strategies, such as mergers and acquisitions, partnerships, and new product launches. Ethanol is sustainable: Ethanol is a sustainable and renewable fuel that can aid in lowering greenhouse gas emissions. Regional Outlook: North America: North America is expected to hold a major market share due to strong support from the U.S. government, such as the Renewable Fuel Standard, which mandates blending ethanol into gasoline. The abundant availability of corn, the primary feedstock for ethanol production in the region, provides a cost-effective resource base. In 2022, annual U.S. renewable energy generation surpassed coal for the first time. Asia-Pacific: The Asia-Pacific region is predicted to witness rapid expansion, driven by its rising ethanol production capacity and the presence of major corporations. The region's extensive agricultural resources, including sugarcane, corn, and cassava, provide plentiful feedstock for ethanol manufacturing. Latin America: The availability of abundant feedstock for ethanol production is a major factor responsible for the growth of the ethanol market in Latin America. Brazil is expected to hold a major revenue share in the region due to its growing ethanol production and export. Europe: The Europe ethanol industry is set for significant growth because of stringent environmental regulations and a push for renewable energy sources. Reasons for buying this report:: Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub- segments. Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy. Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments. Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment. Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises. Report Coverage: Historical data & forecasts from 2022 to 2030 Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis Competitive Positioning, Strategies, and Market Share Analysis Revenue Growth and Forecast Assessment of segments and regions including countries Company Profiling (Strategies, Products, Financial Information, and Key Developments) ADM Alto Ingredients, Inc. POET, LLC. Bunge North America, Inc. Gevo Green Plains Inc. Greenfield Global Inc. Cargill, Incorporated Kanoria Chemicals & Industries Ltd. Valero Jubilant Ingrevia Limited Sekab Global Ethanol Market is analyzed into the following segments: By Grade 95% Ethanol Absolute (99-100%) Ethanol Denatured Ethanol By Source Natural Synthetic By Application Personal Care & Cosmetics Pharmaceutical Food and Beverage Transportation Energy Others By Geography North America United States Canada Mexico South America Brazil Argentina Others Europe United Kingdom Germany France Spain Others Middle East and Africa Saudi Arabia UAE Israel Others Asia Pacific Japan China India South Korea Indonesia Thailand Others Key Attributes: Report Attribute Details No. of Pages 140 Forecast Period 2025 - 2030 Estimated Market Value (USD) in 2025 $56.02 Billion Forecasted Market Value (USD) by 2030 $66.12 Billion Compound Annual Growth Rate 3.3% Regions Covered Global For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Ethanol Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Sign in to access your portfolio
Yahoo
15-05-2025
- Business
- Yahoo
US EPA sends biofuel-blending volume proposal to White House for review
NEW YORK -The U.S. Environmental Protection Agency has sent a proposed rule to the White House for review on the amount of biofuels that oil refiners must blend into their fuel beginning in 2026. Under the Renewable Fuel Standard, oil refiners must blend billions of gallons of biofuels into their fuel or buy tradable credits from those that do.
Reuters
15-05-2025
- Business
- Reuters
US EPA sends biofuel-blending volume proposal to White House for review
NEW YORK, May 15 - The U.S. Environmental Protection Agency has sent a proposed rule to the White House for review on the amount of biofuels that oil refiners must blend into their fuel beginning in 2026. Under the Renewable Fuel Standard, oil refiners must blend billions of gallons of biofuels into their fuel or buy tradable credits from those that do.
Yahoo
12-05-2025
- Business
- Yahoo
Green Methanol Market worth $11.18 billion by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., May 12, 2025 /PRNewswire/ -- The report "Green Methanol Market by Feedstock (Biomass, Green Hydrogen, CCS), Derivative (Formaldehyde, Dimethyl Ether & Methyl Tert-Butyl Ether, Gasoline, Methanol-to-Olefin, Solvents), Application (Chemical Feedstock, Fuel), and Region - Global Forecast to 2030", green methanol market is projected to grow from USD 2.59 billion in 2025 to USD 11.18 billion by 2030, achieving a CAGR of 34.0% during that period. This growth is driven by a rising focus on reducing greenhouse gas emissions and addressing climate change, which is increasing the demand for green methanol as a sustainable alternative to traditional fossil fuel-derived methanol. Additionally, government policies that promote renewable energy usage and aim to decrease greenhouse gas emissions are further fueling investment and expansion in the green methanol market. Browse in-depth TOC on "Green Methanol Market" 170 – Tables50 – Figures200 – Pages Download PDF Brochure: From 2025 to 2030, the biomass segment will be the largest, by volume, in the green methanol market. The biomass segment is a rapidly growing component of the green methanol market, leveraging a range of organic materials such as agricultural residues, forestry waste, and municipal solid waste. Biomass is a renewable resource that can be replenished consistently, ensuring a reliable supply for methanol production. Furthermore, government incentives for using renewable resources like biomass make the production of biomethanol economically attractive. Compared to other renewable sources, such as hydrogen derived from electrolysis, biomass is often a more cost-effective feedstock. By application, the fuel segment will be the fastest growing in the green methanol market from 2025 to 2030. The transportation sector, especially shipping, requires low-carbon alternatives to comply with strict emissions regulations. Green methanol is emerging as a sustainable substitute for conventional fossil fuels. The International Maritime Organization (IMO) has implemented regulations aimed at reducing greenhouse gas emissions, which has increased interest in green methanol as a marine fuel due to its lower emissions compared to traditional bunker fuels. Additionally, government incentives and subsidies for green fuels are promoting the adoption of green methanol as a primary alternative fuel in various applications, including vehicles and ships. Green methanol is a leading option in the transition to a sustainable and low-carbon energy future. Request Sample Pages: North America is the leading region in the green methanol market. North America leads in the green methanol market in terms of CAGR, driven by regulatory support such as Canada's Clean Fuel Standard and the US Renewable Fuel Standard. Technological advancements, such as Carbon Clean Solutions' MTJet™ for sustainable aviation fuel, and significant industry collaborations, such as those of Methanex and Gevo Inc., further boost growth. Government funding and incentives, along with growing adoption in the maritime and aviation sectors, underscore the region's commitment to sustainable energy solutions. Additionally, investments in carbon capture and utilization technologies and the integration of green methanol with hybrid electric systems enhance its appeal across various industries, positioning North America at the forefront of the global green methanol market. Request Customization: Leading global green methanol manufacturers include Enerkem Inc. (Canada), Carbon Recycling International Inc. (Iceland), Methanex Corporation (Canada), Proman (Switzerland), and Södra (Sweden). Get access to the latest updates on Green Methanol Companies and Green Methanol Market Size Browse Adjacent Market: Green Bio Chemicals Market Research Reports & Consulting Related Reports: Methanol Market - Global Forecasts to 2030 Green Hydrogen Market - Global Forecasts to 2030 Biopolymers Companies Kaolin Companies Fuel Additives Companies About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter , LinkedIn and Facebook . Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content: SOURCE MarketsandMarkets Sign in to access your portfolio
