3 Alternative Energy Stocks You Need to Know
In the face of a declining overall energy market today, three of our favorite alternative energy stocks posted strong gains on high volume. The Oil Services HOLDRs ETF (OIH) was down 2% and the PowerShares WilderHill Clean Energy ETF (PBW) was down 1.7%. Indeed, the vast majority of the energy stocks that we track were in the red. But bucking the trend were two energy stocks that we have profiled in the recent past and a third company that we will begin covering today. First on the list is our favorite wind energy play, Welwind Energy International...
REG: A Little ADM With Better Growth Prospects
Jim Lane At 8:30am, there’s a standing daily meeting of the key traders in Gary Haer’s sales group at Renewable Eenergy Group's (NASD:REGI aka REG) headquarters in Ames, Iowa. And they’re not kidding. Everyone stands. For 15 minutes there’s the rat-a-tat-tat of rumor, fact, competitors, pricing, spreads, the who’s selling what and where, the buying and selling of diesel, renewable diesel and biodiesel across North America. On most minds this Friday morning, what’s going to happen with corn prices? The USDA late on Thursday released its annual spring plantings report and it was a shocker. Corn acres...
Biofuel Industry Reacts To EPA New Renewable Fuel Standard
Yay or Nay for EPA? RFS Volumes out for 2020, Biodiesel for 2021 – What’s the reaction from industry?
by Jim Lane
What’s the reaction from industry? Coal for Christmas?
Should Santa bring coal for EPA’s stocking this year? Do the biofuels and agriculture industries think the EPA just put coal in their stocking? Is it thumbs up or thumbs down from biofuel industry advocates on last week’s U.S. Environmental Protection Agency renewable fuel volumes? What about the exempted volumes?
The Ruling – Rotten or Respectable?
First, a bit on the EPA ruling that establishes the required renewable volumes under the Renewable Fuel Standard (RFS) program for...
Solazyme’s Parity-Cost, Algae-Based Biodiesel on Sale to Public
Jim Lane $27 per gallon? $15 per gallon? Fooey! Try algae-based fuels at “the same cost as regular diesel.” Month-long pilot program kicks off in the San Francisco Bay Area. In California, Propel Fuels and Solazyme (SZYM) are bringing algae-derived fuel to retail pumps for what we believe to be the first time in history. The two leading renewable fuel brands have come together to offer Solazyme’s algae-based SoladieselBD to drivers through Propel’s Bay Area network of retail renewable fuel locations. The month-long pilot program provides the industry’s first opportunity to test consumer response to this advanced...
The Energy Balance of Snake Oil
It's no secret that money is flooding into the alternative energy sector, but not all of this money comes from sophisticated, investors. Unsophisticated investment is a lighting rod for the scam artists. Because there is both an urgent need to deal with the the problems posed by global warming, energy security, and resource depletion, and the new money is rapidly accelerating the advance of technology in renewable energy, new innovations are very plausible. There are many ways to lose money in alternative energy, even without being taken by a scam. The current emotional...
REG Sells More Biodiesel, Earnings Drop, Acquisitions Are Future Wild Cards
Jim Lane Biodiesel giant Renewable Energy Group (REGI) is up on gallons, down on dollars as market prices weigh on results. In Iowa, REG announced net income of $10.8 million for the second quarter on revenues of $332.9M, a drop from its Q2 2013 net income of $19.6 million, and a 13% drop in revenue despite an 11% lift in gallons produced. The company noted that net income was boosted by a tax benefit of $11.9 million, recognized primarily from the release of a valuation allowance resulting from recording deferred tax liabilities related to the...
EPA Slashes Corn Ethanol Targets Under Proposed Renewable Fuel Standard
Renewable Diesel Takes Smaller Cut Jim Lane “EPA continues to assert authority under the general waiver provision to reduce biofuel volumes based on available infrastructure,” says BIO. “This is a point that will have to be litigated. It goes against Congressional intent.” In Washington, the EPA released its proposed standards for 2014, 2015, and 2016 and volumes for renewable fuels. The volumes, as widely expected, include substantial reductions from the statutory standards in the original 2007 Energy Independence & Security Act. The EPA also released a 2017 proposed standard for biomass-based diesel. Yet, while attracting significant...
Aemetis: Indian Breakthrough, California Expansion
Aemetis, Inc. (AMTX: NasdaqCM) just announced sales of biodiesel to gas stations in India. The sales follow on the heels of a significant ruling in November 2018, by the Bombay High Court to remove restrictions on biodiesel that had barred direct to consumer sales by biofuel manufacturers. The breakthrough into the India market is significant for the company, which has been operating a 50-million gallon integrated chemicals and fuels facility in Kakinada, India for several years.
Demand for renewable fuels has been strongest among fast growing economies like India, where decision makers fear dependence upon imported fossil fuels. India produces only about 1% of global...
Green Star Products to Construct Total Bio-Refineries
Green Star Products Inc (GSPI) announced its plans to construct total Bio-Refinery Complexes for production of both biodiesel and biomass ethanol at each facility. The first Bio-Refinery is planned to be in North Carolina (see GSPI press release dated April 20, 2006) and the location of the second facility is to be announced soon in the northwestern sector of the United States. Each GSPI-designed Bio-Refinery will have a start-up production of between 10 or 20 million gallons per year with quick expansion capabilities. The facility infrastructure will be capable of expanding to 60 million gallons per year...
Oh, No! Renewable Energy Group CEO Departs
Oh, No! Renewable Energy Group CEO Departs
Intirim CEO plans no strategy change
Jim Lane
In Iowa, Renewable Energy Group (REGI) announced that Dan Oh has resigned as President and Chief Executive Officer and as a member of the Company’s Board of Directors. The resignation was effective July 3, 2017. The Board of Directors appointed long-time director Randolph (Randy) L. Howard as Interim President and Chief Executive Officer.
Howard is a 33-year veteran of Unocal, has been on the REG board since 2007 so, a familiar face at 67, may not be in the job for the long-haul, but a strong interim pick.
Oh...
Darling’s Renewable Diesel Diamond
In July 2013, Darling Ingredients (DAR: NYSE) and its joint venture partner Valero Energy (VLO: NYSE) commissioned the largest facility in North America to convert waste animal fats into renewable diesel. The facility was strategic located adjacent to Valero’s petroleum refining installation in Norco, Louisiana.
At the time the facility was capable of pumping out 12,000 barrels of renewable diesel per day that could be dropped directly into Valero’s distribution network and blended with fossil fuel. Even at that production level the facility showed promise to deliver strong dividends back to its owners. The partners named their venture Diamond Green Diesel and celebrated the unparalleled achievement.
The two partners in Diamond Green...
Soladiesel Algae Fuel is a Monster Hit
Jim Lane Sales increase 35 percent at participating test sites and survey results reveal driver preference for algae-based Soladiesel over conventional fuels. In California, Propel Fuels and Solazyme (SZYM) announced that sales grew by 35 percent at Propel stations, offering SoladieselBD in a B20 blend during a 30-day retail pilot program, compared to non-test sites. The pilot was conducted at Propel’s Clean Fuel Points in Redwood City, San Jose, Berkeley, and Oakland. In addition, a follow-on consumer preference study with Propel’s customers found 92 percent of participants noted that they would be more likely to...
FutureFuel’s Future
by Debra Fiakas CFA Last week the president of renewable chemicals producer FutureFuel Corporation (FF: NYSE) turned in his resignation. Lee Mikles is around sixty and seems a bit young for retirement. He had been with the company from day one and served as the chief executive officer through the end of 2012. He owns 2.3 million shares of FutureFuel stock or about 5% of the outstanding shares. Maybe Mikles is just looking for a better paycheck. The last time the company disclosed compensation, Mikles was down for $36,000 in compensation as a director. Along with...
Biodiesel Tax Credit Back In US Budget Deal
by Jim Lane
In Washington, the US Congress passed its budget deal, and among the items in the deal was a retroactive restoration of the $1 per gallon biodiesel tax credit for 2017. The bill did not include a provision for 2018 and future years.
The budget compromise had run into headwinds in the Senate, in the form of a voting delay imposed by Rand Paul of Kentucky, while opposition in the House from a group of Democrats and hardline conservatives had put the bill into some degree of jeopardy.Renewable Energy Group CEO Randy Howard said “We are pleased that Congress recognized...
Hither and Yon: Transmission and Biofuels
In the most recent two installments of Energy Tech Stocks' interview with me cover my views on transmission stocks, and biofuel stocks. Readers of AltEnergyStocks know that I am a big fan of electricity transmission, a theme I keep coming back to. You also know that I have a very ambivalent relationship with both ethanol and biodiesel. So I liked Bill's transmission article, but I just wasn't able to convey to him the subtleties of how I feel about biofuels. But he got one thing right: the owners of biofuel feedstock are likely going to be the biggest winners....
List of Biodiesel Stocks
Biodiesel stocks are publicly traded companies whose business involves producing biodiesel made from oils and fats for use as a fuel diesel engines, either alone or blended with petroleum derived diesel. Common feedstocks include soybean oil, palm oil, and waste oils from the food industry. Biodiesel is the most widely produced and used advanced biofuel, and all biodiesel stocks are also biofuel stocks.
This list was last updated on 7/20/2022.
China Clean Energy Inc. (CCGY)
FutureFuel Corp. (FF)
Green Star Products, Inc. (GSPI)
Greenshift Corporation (GERS)
Methes Energies International (MEIL)
Neste Oil (NEF.F)
PetroSun, Inc. (PSUD)
RDX Technologies, Inc. (RDX.V)
If you know of any biodiesel stock that is...
