BloombergNEF’s Post

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The landscape for producing renewable fuels is shifting. A number of firms have either abandoned, paused or reversed renewable projects, the vast majority using hydroprocessing — the dominant technology for producing renewable diesel and SAF. From Sept 2023 to July 2024, almost 1 billion gallons per year of nameplate capacity have been switched to ‘Paused/Abandoned’ status, according to BNEF’s Global Renewable Fuel Project Tracker. 🔗 Read more: https://lnkd.in/dEmbgunK #RenewableFuels #Hydroprocessing

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The shifting landscape for renewable fuels is certainly concerning, especially with nearly 1 billion gallons of capacity now paused or abandoned. It highlights the challenges the industry faces, particularly with hydroprocessing. It will be crucial to address these hurdles to keep advancing renewable fuel production. 💡

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