American trucking firms and airlines are on course to consume more renewable diesel than biodiesel for the first time in 2022, marking a significant milestone not just for the domestic fuel sector but also for global edible oil markets.
While renewable diesel and biodiesel are made from the same edible oils and animal fats, different manufacturing methods result in distinct end-product characteristics that have cemented renewable diesel's status as the world's fastest-growing biofuel.
U.S. renewable diesel production capacity has boomed, expanding by more than 90% within 2022 alone to 2.1 billion gallons, from 11 facilities spread mainly across the U.S. Gulf coast region and western states, data from the U.S. Energy Information Administration shows. In the latest harvest, the U.S. soybean area was already 2.3 million hectares larger than corn's - the largest soy crop area advantage over corn in four seasons.
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