NREL study shows biorefineries can boost return selling renewable propane

In Washington, a new study by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) shows biorefineries can increase their financial returns by selling renewable propane versus using it as a processing fuel or as a hydrogen feedstock. The financial findings complement the proven carbon reduction benefits of renewable propane for the transportation, commercial, agricultural and residential sectors.

The NREL study considered several alternate use cases for renewable propane at biorefineries, including using it as a process gas, using it to produce renewable/green hydrogen or selling it to a propane marketer or retailer. The study concluded that when sold as a fuel, biorefineries would receive significant revenue by leveraging renewable fuel credits even without a premium on the price of wholesale propane.