EIA sees renewable diesel production jumping to 5.1B gallons/day by 2024

In Washington, the Energy Information Agency says U.S. production capacity for renewable diesel could increase significantly through 2024, based on announced projects and those that are under construction. Growing targets for state and federal renewable fuel programs and incentives for renewable diesel production are driving this expansion. As of the end of 2020, we estimate U.S. production capacity for renewable diesel totaled nearly 0.6 billion gallons per year (gal/y), or 38,000 barrels per day (b/d), and we forecast it to reach 5.1 billion gal/y (330,000 b/d) by 2024