World Perspectives
biofuel

Another Look at the RVOs for Ethanol

On Friday 2 December, WPI broke down the proposed 2023 - 2025 required volume obligations (RVOs) under the Renewable Fuel Standard. The rule was 692 pages long, and away from the top line summary, there are a few other bits of information worth taking a second look at and putting into context with some potential policy changes for E15. First, with regard to ethanol volumes and corn utilization; as noted previously, the RVO for conventional biofuel was set at 15.25 billion gallons in 2024 and 2025. However, EPA’s estimates for those year are that only 14.5 billion gallons of corn ethanol will be used, per the following table. Thus, the full volume is assumed to be met by non-cellulosic advanced biofuel.  Per the trading hierarch...

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WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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