EPA Approves Pathway for Isobutanol as an Advanced Biofuel Provides Route for Gevo to Generate Potentially More Valuable D5 RINs at Luverne

Gevo, (NASDAQ:GEVO), announced that the US Environmental Protection Agency (EPA) has approved the pathway for isobutanol produced at Gevo’s Luverne, MN plant to be an advanced biofuel under the Renewable Fuel Standard Program (RFS). This is the first time that the EPA has approved a pathway for an advanced biofuel that uses starch from feed corn to produce an alcohol.

As quoted in the press release:

With a partial substitution of fossil based energy sources that are currently used at Luverne with green energy sources, such as biogas, it should be possible for Gevo to achieve the 50% or greater greenhouse gas emissions (GHG) reduction needed to claim the advanced D5 Renewable Identification Number (RIN) according to the pathway approval.

A RIN is a serial number assigned to biofuels for the purpose of tracking their production, use and trading, as required under the RFS. RINs can be sold and traded, and as a result carry a monetary value, which is linked to the biofuels that generate the RINs.

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