RFS: RIN Generation February '24 Highlights

Is the RIN market tight?

February RIN Generation

RIN generation is up 17% YoY in February to over 2 billion RINs, a record for Feb. Growth occured for all RIN types with D4 RINs leading the way increasing 42% YoY to 732 million RINs.

Instead of going through RIN generation highlights for each category, I am going to go through how each RIN category is short and will need to be filled by D4 RINs, excluding D3 RINs. At the end there is implied D4 demand for 2024.

Alright let’s dig in…