In this analyst note we establish a modeling framework and evaluate the viability of technologically ready ethanol production coupled to capture in the United States. The analysis considers different units and activities of operation, location, and lifecycle carbon emission assessment to find out the key bottlenecks in the ethanol-ccs value chain.
In recent years, the North American energy landscape has been undergoing a transformative shift towards sustainability and environmental responsibility. One of the key enablers in this transition is the Renewable Natural Gas (RNG) market, a sector that has gained significant momentum and attention across the continent. RNG, also known as biomethane, is a renewable energy source derived from organic materials, such as agricultural waste, food waste, landfill wastes, and wastewater. It is a low-carbon alternative to traditional natural gas and holds the potential to significantly reduce greenhouse gas emissions while providing a reliable and sustainable energy source.
The North American market for renewable diesel is expected to experience remarkable growth, driven by supportive regulatory frameworks, increasing consumer demand for sustainable fuels, and a growing awareness of the need to combat climate change. As per our research, the North American renewable diesel consumption stood at 6.9 billion liters in 2022 and is projected to reach 27.3 billion liters by 2030.
North America Renewable Natural Gas Market Outlook reports the RNG production and economics in North America using cCarbon's CarbonOutlook TM RNG Model. One of the main highlights of the analyst note is the cost of RNG production and potential to generate credits from different state and federal level incentive program. It gives a snapshot to RNG developers and off takers about the state of the incentive market for RNG in 2022 vis a vis 2030. This note also provides a view at the entity level for RNG production from 2018 to 2030.
The Sustainable Aviation Fuel market size stood at US$1.1 billion in 2022, up from US$50 million in 2019 registering an annually compounded growth rate of 115.38%. As per cCarbon estimates, the market is expected to reach value of US$29.7 billion by 2030. The main driver of growth is the need to reduce Greenhouse gas (GHG) emissions.
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