EPA: 1.52 billion RINs generated in March

By Erin Voegele | April 22, 2016

The U.S. EPA has published renewable identification number (RIN) data for March, reporting nearly 1.52 billion RINs were generated during the month, bringing the total for the first three months of the year to more than 4.37 billion.

Nearly 15.34 million D3 cellulosic RINs were generated in March, bringing the net total for the first quarter of 2016 to 30.15 million. More than 1 million D3 RINs have been generated for ethanol so far this year, along with 17.83 million for renewable compressed natural gas and 12.7 million for renewable liquefied natural gas. Most, 28.45 million, D3 RINs have been generated by domestic producers, with 3.09 generated by importers.

In addition a net total of 114,835 D7 cellulosic diesel RINs were generated in March, marking the first time D7 RINs were generated this year. All were generated for cellulosic heating oil by importers.

More than 4.56 million D5 advanced biofuel RINs were generated in March, bringing the net total for the first three months of the year to 12.6 million. Nearly 6.2 million D5 RINs have been generated for ethanol, with 4.15 million generated for naptha, 567,781 generated for heating oil, and 1.69 million generated for nonester renewable diesel. All 12.6 million D5 RINs generated so far this year have been generated by domestic producers.

Nearly 1.25 billion D6 renewable fuel RINs were generated in March, bringing the net total for the first quarter of the year to nearly 3.68 billion. The majority, 3.6 billion, were generated for ethanol, with 1.99 million generated for biodiesel, and 74.6 million generated for nonester renewable diesel. So far this year, 3.6 billion D RINs have been generated by domestic producers, with 4.37 million generated by importers and 74.6 million generated by foreign entities.

Nearly 253.38 million D4 biomass-based diesel RINs were generated in March, bringing the net total for the first three months of the year to 650.25 million. Most, 533.45 million, were generated for biodiesel, with 116.76 million generated for nonester renewable diesel. Nearly 530.3 million D4 RINs were generated by domestic producers, with 64.76 million generated by importers and 55.57 million generated by foreign entities.

As of the close of March, the EPA estimates 4.37 billion RINs have been generated so far this year, with 133.12 million retired, 228.15 million locked and available and 4.01 billion unlocked and available.