U.S. Renewable Diesel Projects Widespread, but Flow to California
Attachment: US renew diesel 0723
July 21, 2023--Researched by Industrial Info Resources (Sugar Land, Texas)--Industry watchers believe renewable diesel will play an important role in the future U.S. energy mix, but to date nearly all of its domestic consumption has been in California, according to recent findings from the U.S. Energy Information Administration (EIA). But the state only accounted for a fraction of U.S. renewable diesel production in 2021, with most coming from energy stalwarts like Louisiana and Pennsylvania.
Industrial Info is tracking more than $23 billion worth of active and proposed renewable diesel projects across the U.S., including $3.8 billion worth in California. More than $5 billion of the total is attributed to projects nearing or under construction.
Companies featured: Chevron Corporation (NYSE:CVX), PBF Energy Incorporated (NYSE:PBF), Honeywell International (NASDAQ:HON), Eni Sustainable Mobility, Eni SpA (NYSE:E), Shell plc (NYSE:SHEL), Global Clean Energy Holdings Incorporated, World Energy LLC and SEP-I LLC.
