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The Renewable Fuel Standard, promulgated by Congress and administered by EPA, has created a relatively new and lucrative pathway for Water Resource Recovery Facilities to generate revenue from biogas. Indeed, EPA has put a high value on biofuels produced from cellulosic feedstock, and has determined wastewater residuals meet the cellulosic criteria, increasing the value of biogas from anaerobic digestion. California has developed a similar program, which can provide additional revenue from biogas generated anywhere in the contiguous United States. There are differences in the programs, but fundamentally both are intended to incentivize renewable energy production and reduce vehicle fossil fuel consumption.
Although there is increased interest in capitalizing on Renewable Fuel Standard and the California Low Carbon Fuel Standard credits, only a handful of Water Resource Recovery Facilities have become registered providers for biogas production from anaerobic digestion systems; hence, the potential revenue from RINs and the LCFS is largely untapped in North America.
Hence, this webcast is intended to provide:
- An understanding the Renewable Fuel Standard, and how it functions.
- An understanding of Renewable Identification Numbers (RINs), issued by the Renewable Fuel Standard, valuation system.
- An understanding the California Low Carbon Fuel Standard (LCFS), and how it functions.
- An understanding of LCFS credit valuation system.
- An understanding of the RIN and LCFS credit transaction process.
Patrick Serfass, American Biogas Council
Will Overly, BlueSource
Greg Kester, California Association of Sanitation Agencies
Drury Whitlock (moderator), CDM Smith
There will be up to 1.25 Professional Development Hours (PDHs) offered for this webcast. Please check with your state accreditation agency to determine if you qualify.