Clean Fuels Alliance America Wednesday released a new report assessing potential global supplies of used cooking oil.
Specifically, the report looks at used cooking oil to meet the growing demand for biodiesel, renewable diesel and sustainable aviation fuel through 2030.
In 2022, global used cooling oil trade reached 3.7 billion gallons.
With anticipated demand and added value from biodiesel and renewable diesel production, the supply could grow to between five billion and ten billion gallons by 2030. With additional global used cooking oil collection, the potential supply could increase by an additional four billion to seven billion gallons.
The report indicates that the United States has the most well-developed used cooking oil collection system, due to long-standing practices for its use and disposal. In 2022, the U.S. supply reached 850 million gallons.
Increasing biodiesel and renewable diesel production incentivizes domestic use of that supply – curbing recent export trends. Global used cooking oil trade reached 1.3 billion gallons in 2022.