Archive for December 2024
D4 RIN Price – What’s the Outlook for 2025?
September and October brought bullish predictions for the D4 Renewable Identification Number (RIN). So far they have not played out. What’s the outlook for 2025? Bullish sentiment was in the air this autumn, when D4 RIN market prices rose into the high 70’s from a February low of 39 cents (much like happened with Chicago…
Read MoreWhat’s Next for Cellulosic Biofuels and the D3 RIN Part 6, Quantitative Theoretical Modeling of RIN prices.
Hoekstra Trading’s ATTRACTOR spreadsheet was released in 2020. It uses this diagram of the diesel branch of the Renewable Identification Number (RIN) price control system. NOTE: THE NUMBERS SHOWN IN FIGURE 1 ARE HYPOTHETICAL. If you were a chemical engineer looking at Figure 1, you would instinctively start drawing circles around the “units” and writing…
Read MoreWhat’s Next for Cellulosic Biofuel and the D3 RIN? – Part 5, Impact of EPA’s Partial Waiver on the D3 RIN Price
Read other posts in this series: What’s next for cellulosic biofuels and the D3 RIN? On December 5th 2024, EPA issued a proposal to partially waive the cellulosic biofuel volume requirement for 2024 from 1.09 billion to 0.88 billion Renewable Identification Numbers (RINs). This requirement sets the minimum volume of annual supply of biofuels made…
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