December 28, 2011

EPA announces final numbers for 2012 RFS


Recently, the EPA announced the 2012 RFS2 numbers for renewable fuels. By 2022, the annual renewable fuel target is 36 billion gallons as set in the RFS2. To reach this goal, each year the EPA calculates a percentage standard of renewable fuels that must be sold.

The table below compares the volumes and percentages for 2011 and for 2012 EPA numbers.EPA numbers

When comparing the 2011 and 2012 numbers, renewable fuels volumes will increase approximately 1.25 billion gallons for 2012, and we can expect a 1.22% increase of all fuel used to be a renewable fuel in 2012.

The amount of cellulosic biofuel will increase over 2 million gallons in 2012 compared to 2011. There are a couple cellulosic ethanol plants in the Midwest that should begin production in 2012.

Also, slight increases in biomass-based biodiesel and advanced biofuel volumes in 2012 compared to 2011 are shown.

These standards, set by the EPA, for 2012 ensure that a minimum volume of renewable fuel is sold as required by the Energy Independence and Security Act of 2007.

For more information, visit the EPA website here.

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