On Nobember 30, EPA released the Finalized Renewable Volume Obligation (RVO) for 2019 under the Renewable Fuel Standard. The RVO is higher than what was originally proposed last June.
Bio-mass based diesel increased to 2.43 gallons for the year 2020. Advanced Biofuel increased by 15 percent from 2018 to 2019 and was finalized at 4.92 billion gallons. Cellulosic Ethanol increased from 288 million gallons to 418 gallons. Bio-mass based diesel will remain at 2.1 billion gallons for the year 2019 as the obligation was set in 2017 for 2018-2019 and cannot be changed. Finally, the Total Renewable has increased from 19.29 billion gallons to 19.92 billion gallons.
These final volumes are an increase over the June proposal. Initially, EPA proposed Advanced Biofuel to be 4.88 billion gallons and the Total Renewable to be 19.88 billion gallons.
The 2019 finalized Renewable Volume Obligation is a welcomed change to the biofuels industry. In a statement about the release, Acting Administrator Andrew Wheeler indicated a focus on the needs of industry stakeholders in the Renewable Fuel Standard. “Issuing the annual renewable volume obligations rule on time is extremely important to all stakeholders impacted by the Renewable Fuel Standard program,” said EPA Acting Administrator Andrew Wheeler. EPA is required by the Clean Air Act to formally publish the annual Renewable Volume Obligation by November 30. EPA continues to work with the U.S. Department of Agriculture and the U.S. Department of Energy to implement the RFS program. Read the entire EPA news release here.