The complex will also be capable of producing renewable jet fuel, which Phillips 66 said it plans to start producing in the second quarter 2024. (Source: Shutterstock)
The San Francisco Bay Area refinery, being converted by Phillips 66 into a renewable fuels plant, is now processing only renewable feedstocks, the company said April 1, marking a milestone.
About 30,000 bbl/d is currently being produced at the Rodeo Renewable Energy Complex, which encompasses the Rodeo Renewed project. By the end of second-quarter 2024, Phillips 66 aims to have the complex finished and producing more than 50,000 bbl of renewable fuels.
Renewable fuels, which are made using feedstock such as used cooking oil and animal fats, are expected to have a key role in efforts to lower global greenhouse gas emissions. They serve as a lower carbon intense fuel source alternative to traditional petroleum resources.
“The project advances Phillips 66’s long-held strategy to expand our renewable fuels production, lower our carbon footprint and provide reliable, affordable energy while creating long-term value for our shareholders,” Rich Harbison, Phillips 66 executive vice president of refining, said in a news release.
The complex will also be capable of producing renewable jet fuel, which Phillips 66 said it plans to start producing in the second quarter 2024.
Recommended Reading
Equinor, Dominion Place Winning Bids in US Offshore Wind Sale
2024-08-14 - The offshore wind lease sale for two areas in the Central Atlantic brought in nearly $93 million, according to the U.S. Bureau of Ocean Energy Management.
Energy Transition in Motion (Week of Sept. 6, 2024)
2024-09-06 - Here is a look at some of this week’s renewable energy news, including $7.3 billion in clean energy funding for rural Americans.
Energy Transition in Motion (Week of Oct. 11, 2024)
2024-10-11 - Here is a look at some of this week’s renewable energy news, including nearly $7.9 million in bids for geothermal leases in Nevada.
Energy Transition in Motion (Week of Aug. 23, 2024)
2024-08-23 - Here is a look at some of this week’s renewable energy news, including a promising outlook for global offshore wind capacity.
Dominion Energy, Stonepeak Close $2.6B Offshore Wind Deal
2024-10-23 - The close marked the completion of Dominion’s business review targeting $21 billion of debt reduction initiatives.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.