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EPA delays issuing 2014 RVO standards for RFS until sometime in 2015

Green Car Congress

The US Environmental Protection Agency (EPA) will not finalize the 2014 applicable percentage standards (the 2014 Renewable Volume Obligations, RVOs) under the Renewable Fuel Standard (RFS) program until sometime next year. The RFS requires a certain percentage of renewable fuels in the US fuel pool. Background.

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24M raises $21.8M to accelerate SemiSolid battery development and deployment; round led by Kyocera and ITOCHU

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The financing was led by advanced ceramics manufacturer Kyocera Group and leading global trading company, ITOCHU Corporation. 24M’s materials design enables up to 5x the area capacity of standard Li-ion. 24M , part of a team that received $3.5 He previously co-founded American Superconductor and A123 Systems.

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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. A proposal for existing plants is due in 2014, with targeted file rule in 2015.

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EIA: cellulosic biofuels will likely remain well below EISA targets

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Planned cellulosic biofuel production by 2015. Additionally, several more plants with proposed aggregate nameplate capacity of around 250 million gallons could begin production by 2015, EIA said. Source: EIA. Click to enlarge. In addition, many projects have experienced delays in their commercialization attempts.

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Oregon Governor Signs Climate Change Bills, Including Low Carbon Fuel Standard and B2

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Oregon Governor Ted Kulongoski signed into law a series of bills constituting a climate change package that includes a low carbon fuel standard (LCFS), a B2 mandate, and other transportation-related measures. Authorizes the Environmental Quality Commission (EQC) to develop a low carbon fuel standard that would sunset in 2015.

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USDA provides $91M loan guarantee to Cool Planet for biogasoline blendstock plant; biomass pyrolysis and catalytic conversion

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The Cool Planet plant will produce approximately 8 million to 10 million gallons of high-octane, renewable gasoline blendstocks (reformate), as well the biochar, all made from sustainable wood residues. The output from each catalytic array when cooled is comprised of volatile gases, renewable fuel and water.

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KiOR seeks to double cellulosic fuels production at Columbus plant; $50M in from Khosla for Columbus II

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Khosla Ventures and Khosla are prepared to fund these commitments either as part of a broader debt and/or equity financing structure, in connection with a note that would convert at a premium to the current price of the common stock or on alternative terms if requested by KiOR, and mutually agreed by the parties. Earlier post.).

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