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RSS feed source: US Energy Information Administration
In-brief analysis
October 17, 2024
Capacity to produce biofuels increased 7% in the United States during 2023, reaching 24 billion gallons per year (gal/y) at the start of 2024, led by a 44% increase in a category we call renewable diesel and other biofuels. Other biofuels includes renewable heating oil, renewable jet fuel, also known as sustainable aviation fuel and renewable naphtha and gasoline.
Given continued state and federal tax incentives, regulatory policies, plant expansions, and projected new plant construction, we expect U.S. biofuels production capacity to continue increasing.
Capacity gains by fuel
Capacity at U.S. producers of renewable diesel and other biofuels totaled 4.3 billion gal/y in January 2024, 1.3 billion gallons more per year than in 2023. Fuel ethanol—primarily produced from corn kernel starch and blended with gasoline—accounts for most of U.S. biofuels production capacity.
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