Renewable diesel demand is booming. Last year, U.S. refiners expanded capacity to be able to supply 2.6 billion gallons of the lower-carbon fuel. And that production capacity could double in the next two years.
At the same time, EIA estimates the U.S. had about 2.3 billion gallons of annual biodiesel capacity at the end of 2022. In late 2022, renewable diesel production capacity exceeded biodiesel production capacity for the first time.
Both renewable diesel and biodiesel play important roles in a more sustainable transportation sector. But do you know what the differences between these two fuels are?