U.S. Renewable Energy Policy and Industry slide image

U.S. Renewable Energy Policy and Industry

Renewable Fuel Standard • • • RFS1: 2005 Required gasoline refiners or importers to meet specific volume-based requirements for biofuels. 7.5 billion gallons of renewable fuel to be blended into gasoline by 2012. Renewable identification numbers assigned to each gallon of qualifying fuel to demonstrate compliance and are traded as credits. . RFS2: 2007 Amendment Increased the volume of renewable fuel blend from 9 billion gallons in 2008 to 36 billion gallons by 2022. Included diesel in addition to gasoline, included new categories of renewable fuel (ethanol, biodiesel, and cellulosic biofuels, and other advanced biofuels), and set separate volume requirements for each one. . Revised Quotas 2014-2016 EPA proposed new renewable volume obligations for biofuels in the United States for 2014- 2016. Cut corn ethanol and cellulosic biofuel markets below the original RFS2. Biodiesel sees continued increase from 2014-2016. . The new regulations still must be finalized to be in effect. EPA Proposed Renewable Fuel Standards for 2014, 2015, and 2016 Renewable Fuel Biomass-based diesel Cellulosic Biofuels Other advanced Total biofuel Original New Original Proposed New Proposed Original New Proposed Original New Proposed Original New Proposed 2014 14.4 13.3 1.0 1.6 1.7 0.0 1.0 0.2 18.1 15.9 2015 15.0 13.4 1.0 1.7 3.0 0.1 1.5 0.2 20.5 16.3 2016 15.2 14.0 1.0 1.8 4.2 0.2 2.0 0.5 22.5 17.4 Source: EPA Proposed Renewable Fuel Standards for 2014, 2015, and 2016, and the Biomass-Based Diesel Volume for 2017. Washington, D.C.: EPA. Accessed September 2015, http://www.gpo.gov/fdsys/pkg/FR-2015-06-10/pdf/2015-13956.pdf. (billion gallons) NATIONAL RENEWABLE ENERGY LABORATORY 29 29
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