At the 2023 ADI Forum, Heath DePriest, VP of Renewable Fuels, Phillips 66, joined Uday Turaga, CEO of ADI Analytics, to discuss the rapidly evolving renewable fuels industry. The competitive landscape in renewable fuels is currently a dynamic mix of consolidation and technological innovation. While the renewable fuels sector sees acquisitions of smaller entities by larger ones, significant innovation continues with companies like Global Clean Energy Holdings pioneering novel feedstocks.
Economic incentives, notably the Low Carbon Fuel Standard (LCFS) credits, play a crucial role in the viability of renewable fuels. However, the value of these credits is subject to market fluctuations as supply increases with more projects coming online. The emerging market for Sustinable Aviation Fuel (SAF) remains opaque, with its pricing relative to conventional jet fuel uncertain due to production complexities and the potential value of co-products for the chemical industry.
About ADI Analytics
ADI is a prestigious, boutique consulting firm specializing in oil and gas, energy, and chemicals since 2009. We bring deep expertise in a broad range of markets where we support Fortune 500, mid-sized and early-stage companies, and investors with consulting services, research reports, and data and analytics, with the goal of delivering actionable outcomes to help our clients achieve tangible results.
We also host the ADI Forum that brings c-suite executives together for meaningful dialogue and strategic insights across the oil & gas, energy transition, and chemicals value chains. Learn more about the ADI Forum.
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