Weekly Renewable Diesel Prices Climb, Biodiesel, Ethanol Stay Flat, The Digest Says
Weekly retail prices rose for renewable diesel and remained unchanged for biodiesel and ethanol, according to price assessments by The Digest.For the week of April 22 to April 30, biodiesel's Renewable Fuel Standard value of $1.29 per gallon was unchanged from the previous week. Biodiesel's Low Carbon Fuel Standard value of $0.52/gal is equal to a week ago. Additionally, the biofuel's tax credit value at $1/gal and energy value of $3.27/gal were unchanged. Biodiesel's retail price of $6.08/gal on Thursday was the same as a week ago.Renewable diesel's retail price of $7.08/gal this week is up from $6.67/gal a week ago. RD's energy value of $4.26/gal on Thursday, up from $3.85/gal a week ago. The RD's RFS value is $1.29/gal, unchanged from a week ago. Its tax credit value of $1/gal was unchanged over the week. RD's LCFS value is $0.52/gal, unchanged from a week ago.Ethanol's weekly performance was mixed. Its LCFS value of $0.13/gal is unchanged from a week ago. Ethanol's energy value of $0.74/gal and RFS value of $1.13/gal were all flat from a week ago. Also, the retail price of $2/gal is unchanged from a week ago.For sustainable aviation fuel, its energy value at $4.90/gal was below $5.04/gal a week ago. SAF's retail price of $8.25/gal was down from $8.39/gal a week ago. SAF's RFS value was $1.29/gal, unchanged from a week ago. Its LCFS value at $0.52/gal is unchanged from a week ago, and its tax credit value was unchanged at $1.54/gal.Note: These values are for delivery into a US market with a clean-fuel standard. Conventional ethanol is modeled at a Carbon Intensity of 70, while RD, SAF, biodiesel, and cellulosic ethanol are modeled at a CI of 20, and green hydrogen at CI -5. Individual companies or processes may have CI scores that are higher or lower than those used to calculate LCFS credits.