USGC deepening conversation with Canada over biofuel market opportunities

January 1, 2025 |

In Canada, the U.S. Grains Council (USGC) Regional Ethanol Manager for the European Union, United Kingdom and Canada was recently in Calgary, Alberta in Canada to meet with leading fuel refiners and blenders to discuss their biofuel integration plans and how U.S. producers and exporters can be of assistance. Canada remains the largest U.S. ethanol export destination market in both volume and value terms. During marketing year (MY) 2023/2024, volumes reached 655 million gallons, up 11 percent from MY 2022/2023.

In March, Canada announced it will invest more than $11 million toward renewable fuels projects including hydrogen, renewable diesel and natural gas, cellulosic ethanol and synthetic fuels. The measure is part of the country’s Clean Fuel Fund, introduced in 2021, that committed more than $1 billion over five years to develop new or expand existing clean fuel production facilities.

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Category: Fuels

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