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A Renewable Identification Number (or RIN) is a serial number assigned to a batch of biofuel for the purpose of tracking its production, use, and trading as required by the United States Environmental Protection Agency's Renewable Fuel Standard (RFS) implemented according to the Energy Policy Act of 2005 and the Energy Independence and Security Act of 2007.
The Renewable Fuel Standard (RFS) is an American federal program that requires transportation fuel sold in the United States to contain a minimum volume of renewable fuels. It originated with the Energy Policy Act of 2005 and was expanded and extended by the Energy Independence and Security Act of 2007 .
In mid-2011, GCEH, Emerald Biofuels, and Honeywell's UOP LLC submitted a joint Renewable Fuel Standard pathway application to the U.S. EPA for Jatropha. [3] A pathway is necessary for Jatropha-based renewable fuels to qualify for generating Renewable Identification Numbers (RINS) under the Energy Policy Act of 2005.
The U.S. Renewable Fuel Standard currently requires oil refiners to blend billions of gallons of biofuels like corn-based ethanol into their fuel each year, or buy credits known as RINs from other ...
The Renewable Fuel Standard called for 7.5 billion US gallons (28 × 10 ^ 6 m 3) of biofuels to be used annually by 2012, expanding the market for biofuels. [ 11 ] The EPA announced that the 2009 Renewable Fuel Standard will require most refiners, importers, and non-oxygenate blenders of gasoline to displace 10.21% of their gasoline with ...
Under the standard, every gallon of Camelina oil-based biofuel produced in the U.S. by qualified producers receives a unique Renewable Identification Number, or RIN, certifying it as a Federally approved advanced biofuel. Only fuels produced from approved pathways can be used to meet the EPA mandated minimums for advanced biofuels blending ...