WEBINAR: OPIS’s Renewable Diesel — November 15, 2017
As demand for renewable diesel fuel is expected to rise, find out the current state of the market and what lies ahead.
Renewable diesel, a “drop-in” fuel similar in performance to conventional fossil-based diesel, but with much lower greenhouse gas emissions has become increasingly popular in California as carbon intensity (CI) reductions under the state’s Low Carbon Fuel Standard (LCFS) begin to ramp up.
And demand for the fuel is expected to continue to grow as the state raises the LCFS target CI reductions from 10% by 2020 to 18% by 2030 from a 2010 baseline.
If the LCFS targets are to be met, most program observers agree that renewable diesel sales in the state will have to rise and rise sharply. Under the LCFS, renewable diesel has a 60-80% lower CI than conventional diesel and 50-75% lower CI than soybean-based biodiesel.
As of 2015, San Francisco and Oakland switched their entire diesel fleets to renewable diesel with San Diego and Carlsbad following suit last year. The state government said it would solely rely on renewable diesel for state-owned fleets.
Participate in OPIS’s Renewable Diesel Webinar on Wednesday, November 15 at 2pm ET/11am PT and understand what’s happening in this rapidly changing market. This free 90-minute webinar will address a range of topics, including:
- What is the supply of renewable diesel in California?
- Who are the largest producers and will how quickly will the industry be able to meet rising demand?
- How much of a price premium does renewable diesel have over conventional and biodiesel fuel?
- What role can the Renewable Fuel Standard and LCFS credits play in reducing costs?
- What are the state requirements for handling and labeling renewable diesel fuel?
If you are active in the California fuel market, renewable diesel is something you can’t ignore. Mark your calendar to attend this not-to-be missed free webinar on Wednesday, November 15 at 2pm ET. READ MORE