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Diamond Green RD plant lacks power for restart

  • Market: Biofuels, Emissions, Oil products
  • 02/09/21

Diamond Green Diesel cannot predict when it will restart the largest US renewable diesel (RD) plant until power cut by Hurricane Ida is restored.

The 19,000 b/d Norco, Louisiana, facility remained under "a thorough assessment" following Hurricane Ida, joint venture partner Darling Ingredients said.

"Power restoration is key to being able to comment further on when the plant could be restarted," the company said today.

Ida devastated electrical infrastructure in the New Orleans region when it roared ashore on 29 August with winds exceeding 150 mph (241 kph). The storm downed all eight of the region's major electrical transmission lines, knocking over 2,000 miles of electric transmission infrastructure. Service began returning to parts of New Orleans early yesterday, but officials warn it could take weeks to fully restore electricity to the region. Inundating rains meanwhile flooded homes, refineries and other sites along the Mississippi river.

Renewable Energy Group has not commented on the status of its roughly 5,000 b/d renewable diesel plant in Geismar, further west of New Orleans.

Diamond Green continues to work with suppliers, logistics services and utilities on assessments. Conditions must also improve for employees, who may still face power, water and sewer outages as well as their own personal property damage, the company added.

Renewable diesel is an increasingly lucrative fuel that moves seamlessly in existing petroleum infrastructure and can be used without limit by current vehicle fuel systems. The fuel generates credits needed to comply with US Renewable Fuel Standard mandates as well as low carbon fuel standards in California and Oregon.

Demand for the fuel has attracted refinery conversions that could drive up renewable diesel supplies over the next four years and drive down costs to comply with those regulatory programs.


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31/03/25

EU commission's CO2 tweak for cars imminent: Update

EU commission's CO2 tweak for cars imminent: Update

Updates with likely date for approval Brussels, 31 March (Argus) — The European commission could approve a legal proposal for a limited revision of the bloc's 2019 regulation setting CO2 emission performance standards for new passenger cars and light commercial vehicles (LCVs) on 1 April, an official said. A draft proposal circulating does not change the substance of the 2019 rules but specifies a three-year compliance period (2025-2027) used to calculate potential excess emissions premiums. And the 29-page legal proposal does not alter the bloc's 2030 emissions reduction target to reduce economy-wide CO2 emissions by 55pc, compared to 1990. Nor does it lower the overall CO2 emission standards, the commission said. If agreed by the European Parliament and EU member states, the "one-off" three-year compliance period over 2025-2027, instead of an annual assessment, would provide additional flexibility for vehicles manufacturers, while maintaining investor certainty and predictability, the commission added. The 2019 regulation requires annual EU fleet-wide average CO2 emissions from new cars and new vans to be reduced in five-year intervals. For each year in 2025–2029, a target reduction of 15pc, compared with 2021 values, would normally be applied. Without any legal change approved by parliament and EU states, manufacturers exceeding their specific emissions targets, would have to pay excess emission premiums of €95 per g/km for each new vehicle registered. The commission is also "accelerating" work on a review that will commence "in good time this year", said the commission's energy and climate spokesperson Anna-Kaisa Itkonen. But she had "nothing new" on whether compliant fuels could be expanded beyond e-fuels to include other low-carbon and zero-carbon, such as biofuels. By Dafydd ab Iago Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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EU commission expects CO2 tweak for cars soon


31/03/25
News
31/03/25

EU commission expects CO2 tweak for cars soon

Brussels, 31 March (Argus) — The European commission expects to "very soon" release a legal proposal for a limited revision of the bloc's 2019 regulation setting CO2 emission performance standards for new passenger cars and light commercial vehicles (LCVs). A draft proposal circulating does not change the substance of the 2019 rules but specifies a three-year compliance period (2025-2027) used to calculate potential excess emissions premiums. And the 29-page legal proposal does not alter the bloc's 2030 emissions reduction target to reduce economy-wide CO2 emissions by 55pc, compared to 1990. Nor does it lower the overall CO2 emission standards, the commission said. If agreed by the European Parliament and EU member states, the "one-off" three-year compliance period over 2025-2027, instead of an annual assessment, would provide additional flexibility for vehicles manufacturers, while maintaining investor certainty and predictability, the commission added. The 2019 regulation requires annual EU fleet-wide average CO2 emissions from new cars and new vans to be reduced in five-year intervals. For each year in 2025–2029, a target reduction of 15pc, compared with 2021 values, would normally be applied. Without any legal change approved by parliament and EU states, manufacturers exceeding their specific emissions targets, would have to pay excess emission premiums of €95 per g/km for each new vehicle registered. The commission is also "accelerating" work on a review that will commence "in good time this year", said the commission's energy and climate spokesperson Anna-Kaisa Itkonen. But she had "nothing new" on whether compliant fuels could be expanded beyond e-fuels to include other low-carbon and zero-carbon, such as biofuels. By Dafydd ab Iago Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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World Bank loans Peru $500mn for climate adaptation


31/03/25
News
31/03/25

World Bank loans Peru $500mn for climate adaptation

Lima, 31 March (Argus) — The World Bank loaned Peru $500mn to fund public climate adaptation programs, including investments for developing its burgeoning renewable energy sector, distributed generation and electric mobility. This new funding, requested by Peru's government and approved by the World Bank, aims to build on reforms to strengthen Peru's climate resilience and adaptation. Peru is considered among the countries most vulnerable to disasters driven by climate change, including earthquakes, flash floods, landslides and glacier melting. The loan will go toward funding energy transitions in key sectors like electricity and transportation, as well as developing sustainable cities and clean technologies, the World Bank said. It is also expected to strengthen disaster risk management through a national coalition of government agencies tasked with prevention and mitigation of disasters, including climate-related ones. These initiatives could include implementing a geo-referenced information system that helps in early mitigation and decision-making. Peru has had a sluggish transition in its renewables sector, but last year wind power production grew by 66pc and solar by 32pc over the year prior. In January, overall renewable power production grew by 16pc over the same month last year, with hydroelectricity leading most of that growth. Peru's electricity grid is mostly powered by natural gas — about 51pc thermoelectricity, 38pc hydropower, 7pc wind and 3pc solar electricity. Peru's congress passed a new electricity law in January, easing the path for renewable energy companies to compete for public electricity contracts and potentially reduce costs. Though the law has not yet been implemented, it faced stiff opposition from Peru's oil and gas industry which argued it gave unfair favoritism to renewable companies. By Bianca Padró Ocasio Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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Global energy mix evolves as electricity demand surges


28/03/25
News
28/03/25

Global energy mix evolves as electricity demand surges

Climate change is becoming a bigger factor behind electrification, but cleaner energy use is slowing the growth in global emissions, writes Georgia Gratton London, 28 March (Argus) — A substantial increase in electricity demand — boosted by extreme weather — drove an overall rise in global energy demand in 2024, lifting it well above the average pace of increase in recent years, OECD energy watchdog the IEA announced this week. This led to a rise in natural gas consumption, although renewables and nuclear shouldered the majority of the increase in demand, leaving oil's share of total energy demand below 30pc for the first time. Global energy demand rose by 2.2pc in 2024 compared with 2023 — higher than the average demand increase of 1.3pc/yr between 2013 and 2023 — according to the Paris-based agency's Global Energy Review . Global electricity consumption increased faster, by 4.3pc, driven by record-high temperatures — that led to increased cooling needs — as well as growing industrial consumption, the electrification of transport and the rapid growth of power-hungry data centres needed to support the boom in artificial intelligence, the IEA says. Renewables and nuclear covered the majority of growth in electricity demand, at 80pc, while supply of gas-fired power generation "also increased steadily", the IEA says. New renewable power installations reached about 700GW in 2024 — a new high. Solar power led the pack, rising by about 550GW last year. The power generation and overall energy mix is changing, as economies shift towards electrification. The rate of increase in coal demand slowed to 1.1pc in 2024, around half the pace seen in 2023. Coal remained the single biggest source of power generation in 2024, at 35pc, but renewable power sources and nuclear together made up 41pc of total generation last year, IEA data show. Nuclear power use is expected to hit its highest ever this year, the agency says. And "growth in global oil demand slowed markedly in 2024", the IEA says, rising by 0.8pc compared with 1.9pc in 2023. A rise in electric vehicle (EV) purchases was a key contributor to the drop in oil demand for road transport, and this offset "a significant proportion" of the rise in oil consumption for aviation and petrochemicals, the IEA says. Blowing hot and coal Much of the growth in coal consumption last year was down to "intense heatwaves" — particularly in China and India, the IEA found. These "contributed more than 90pc of the total annual increase in coal consumption globally", for cooling needs. The IEA repeatedly noted the significant effect that extreme weather in 2024 had on energy systems and demand patterns. Last year was the hottest ever recorded, beating the previous record set in 2023, and for CO2 emissions, "weather effects" made up about half of the 2024 increase, the watchdog found. "Weather effects contributed about 15pc of the overall increase in global energy demand," according to the IEA. Global cooling degree days were 6pc higher on the year in 2024, and 20pc higher than the 2000-20 average. But the "continued rapid adoption of clean energy technologies" restricted the rise in energy-related CO2 emissions, which fell to 0.8pc in 2024 from 1.2pc in 2023, the IEA says. Energy-related CO2 emissions — including flaring — still hit a record high of 37.8bn t in 2024, but the rise in emissions was lower than global GDP growth. Key "clean energy technologies" — solar, wind and nuclear power, EVs and heat pumps — collectively now prevent about 2.6bn t/yr CO2 of emissions, the IEA says. But there remains an emissions divide between advanced and developing economies. "The majority of emissions growth in 2024 came from emerging and developing economies other than China," the agency says, while advanced economies such as the UK and EU cut emissions last year and continue to push ahead with decarbonisation. Global energy suppy by fuel EJ Growth ±% 2024 2023 2022 24/23 23/22 Total 648 634 622 2.2 1.8 Renewables 97 92 89 5.8 3.1 Nuclear 31 30 29 3.7 2.2 Natural gas 149 145 144 2.7 0.7 Oil 193 192 188 0.8 1.9 Coal 177 175 172 1.2 2.0 Global power generation by fuel TWh Growth ±% 2024 2023 2022 24/23 23/22 Total 31,153 29,897 29,153 4.2 2.6 Renewables 9,992 9,074 8,643 10.0 5.0 Nuclear 2,844 2,743 2,684 3.7 2.2 Natural gas 6,793 6,622 6,526 2.6 1.5 Oil 738 762 801 -3.2 -4.8 Coal 10,736 10,645 10,452 0.9 1.8 Global power generation by country TWh Growth ±% 2024 2023 2022 24/23 23/22 World 31,153 29,897 29,153 4.2 2.6 US 4,556 4,419 4,473 3.1 -1.2 EU 2,769 2,718 2,792 1.9 -2.6 China 10,205 9,564 8,947 6.7 6.9 India 2,059 1,958 1,814 5.2 7.9 Global CO2 emissions by country mn t Growth ±% 2024 2023 2022 24/23 23/22 World 37,566 37,270 36,819 0.8 1.2 US 4,546 4,567 4,717 -0.5 -3.2 EU 2,401 2,455 2,683 -2.2 -8.5 China 12,603 12,552 12,013 0.4 4.5 India 2,987 2,836 2,691 5.3 5.4 *includes industrial process emissions — IEA Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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ISCC aware EU mulling certification recognition: Update


28/03/25
News
28/03/25

ISCC aware EU mulling certification recognition: Update

Adds comment from the European Commission London, 28 March (Argus) — The ISCC, an international certification system for sustainability, said today that it is aware of discussions in an EU committee about future recognition of its certification for waste-based biofuels. It said there is no legal basis for any planned measures. Industry participants said yesterday that the EU Committee on Sustainability of Biofuels, Bioliquids, and Biomass Fuels is drafting implementing regulations that would include a two-and-a-half year pause to obligatory acceptance of ISCC EU certification for waste-based biofuels. "This action is said to be subject to further legal scrutiny and will need approval by member states," the ISCC said. Currently, member states accept EU-recognised voluntary scheme certification as proof that fuel or feedstocks are compliant with the bloc's Renewable Energy Directive (RED) sustainability criteria. Market participants told Argus that discussions have centred around giving individual countries more choice. "Other voluntary schemes would not be able to fill the gap. The measure would be a severe blow to the entire market for waste-based biofuels and would seriously jeopardise the ability of the obligated parties to comply with blending mandates," the ISCC said. The ISCC has been singled out in a discriminatory way and has supported European Commission and member states' investigations into alleged fraud, it said. "We are more than surprised by this step […and] are unable to see the rationale of the planned measure, which seems ad hoc and baseless," it added. Secretary-general of the European Biodiesel Board (EBB) Xavier Noyon told Argus that, if confirmed, the suspension would affect thousands of operators. "At this time, member states are refusing to comment, and we call on the commission to urgently clarify any decisions of this nature that are on the table," he said. The EBB published its own proposed revision to the RED implementing legislation last month, which expanded the supervisory power of member states over voluntary schemes and certification bodies. The European Commission confirmed that the committee met on 26 March to discuss sustainable certification, promotion of biofuels, avoidance of double counting, and alleged fraud. "We are still working on our examination of this alleged fraud in biodiesel imports from China," said commission energy spokesperson Anna-Kaisa Itkonen. But the commission has not taken any decision yet and cannot allude to "possible" scenarios, she said. By John Houghton-Brown, Simone Burgin and Dafydd ab Iago Send comments and request more information at feedback@argusmedia.com Copyright © 2025. Argus Media group . All rights reserved.

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