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Renewable diesel from vegetable oil is a growing substitute for petroleum. [14] California fleets used over 200 million US gallons (760,000 m 3 ) of renewable diesel in 2017. The California Air Resources Board predicts that over 2 billion US gallons (7,600,000 m 3 ) of fuel will be consumed in the state under its Low Carbon Fuel Standard ...
Neste MY Renewable Diesel (formerly NExBTL) is a vegetable oil refining fuel production process commercialized by the Finnish oil and refining company Neste.Whether as an admixture or in its pure form, the fuel is able to supplement or partially replace conventional diesel without problems.
Green diesel may also be called renewable diesel, drop-in biodiesel, hydrotreated vegetable oil (HVO fuel) [47] or hydrogen-derived renewable diesel. [43] Unlike biodiesel, green diesel has exactly the same chemical properties as petroleum-based diesel.
Gravesham Borough Council’s HGV fleet consume about 320,000 litres of diesel per year. ... is to be converted to run on low-emission renewable fuel. ... (HVO). HVO is a biofuel made from ...
A rush by U.S. fuel makers to recalibrate their plants to produce renewable diesel has created a supply glut for low-emissions biofuels, hammering profit margins for refiners and threatening to ...
A renewable diesel boom could also have a profound impact on the agricultural sector by swelling demand for oilseeds like soybeans and canola that compete with other crops for finite planting area ...
In February 2024, the refinery started production of renewable diesel, with production expected to ramp up to 18,000 bpd. [11] [12] However, by December of the same year, Braya was contemplating a temporary shutdown of the refinery due to tight margins and the expiration of the Blenders Tax Credit in the United States. [13]
Refiners such as HollyFrontier Corp and CVR Energy are exploring opportunities to produce renewable diesel to save money on less profitable refineries and offset compliance costs associated with U ...