The US Environmental Protection Agency (EPA) has announced the finalization of biofuel blending volumes for the coming years. In 2023, the EPA plans to set biofuel blending volumes at 20.94 billion gallons, followed by 21.54 billion gallons in 2024 and 22.33 billion gallons in 2025. These volumes represent an increase from the proposed rule, which had biofuel blending volumes set at 20.82 billion gallons in 2023.
It’s worth noting that the finalized volumes include 15 billion gallons of conventional biofuels, such as corn-based ethanol, in 2023, 2024, and 2025. This represents a decline from the December proposal. However, in 2023, the EPA plans to include 250 million gallons of “supplemental standard,” which is a positive development for the biofuel industry.
The EPA is expected to announce the final rule soon, which will provide more clarity on the agency’s plans for biofuel blending volumes in the coming years. This news is eagerly awaited by stakeholders in the biofuel industry, who are looking for clear guidance on the future of biofuels in the United States.
Tags: Biofuels, Blending, USEPA
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