US capability to supply biofuels elevated 7% in 2023.
Capability to supply biofuels elevated 7% in the USA throughout 2023, reaching 24 billion gallons per yr (gal/y) at the beginning of 2024, led by a 44% enhance in a class we name renewable diesel and different biofuels. Different biofuels consists of renewable heating oil, renewable jet gasoline (also called sustainable aviation gasoline), and renewable naphtha and gasoline.
Given continued state and federal tax incentives, regulatory insurance policies, plant expansions, and projected new plant development, we count on U.S. biofuels manufacturing capability to proceed growing.
Capability positive aspects by gasoline
Capability at U.S. producers of renewable diesel and different biofuels totaled 4.3 billion gal/y in January 2024, 1.3 billion gallons extra per yr than in 2023. Gasoline ethanol—primarily produced from corn kernel starch and blended with gasoline—accounts for many of U.S. biofuels manufacturing capability. U.S. gasoline ethanol manufacturing capability elevated about 2% between January 2023 and January 2024, reaching 18.0 billion gal/y. U.S. biodiesel manufacturing capability stayed primarily flat, totaling 2.1 billion gal/y in January 2024.
Biofuel manufacturing capability by state
Most U.S. biofuels manufacturing capability is situated in Iowa, with greater than 5.4 billion gal/y. Fourteen states situated largely within the Midwest, the Gulf Coast, and the West Coast areas account for 90% of U.S. biofuels manufacturing capability.
New crops
In January 2024, biofuels producers in 22 states reported including renewable diesel and different biofuels capability, in contrast with 17 states in 2023. New crops began producing renewable diesel and different biofuels in Alabama, California, Louisiana, Pennsylvania, and Washington.
Louisiana within the Gulf Coast area and California within the West Coast area every have greater than 1 billion gallons of renewable diesel and different biofuels manufacturing capability. These two areas symbolize greater than 80% of U.S. renewable diesel and different biofuels manufacturing capability.
Biodiesel capability elevated by 3.8 million gal/y between January 2023 and January 2024. Despite the fact that there have been new reporting crops, situated in Florida and Kentucky, there have been additionally plant closures in Georgia, Iowa, Oregon, and South Carolina.
Gasoline ethanol manufacturing capability
Gasoline ethanol manufacturing capability elevated by 2% in the USA between January 2023 and January 2024. The Midwestern states of Iowa, Nebraska, Illinois, South Dakota, Minnesota, and Indiana every have greater than 1.4 billion gallons of gasoline ethanol manufacturing capability. This Midwest area has appreciable corn manufacturing, which is the first feedstock for gasoline ethanol manufacturing.
We up to date the next studies in August:
READ the most recent information shaping the biofuels market at Biofuels Central
US capability to supply biofuels elevated 7% in 2023. supply
