MARKETWIRE ALERTS

MARKETWIRE ALERTS 

MarketWire Afternoon News for September 29^th

Updated at 5:45 PM ET 

HEADLINES:

— EIA: U.S Renewable Diesel Fuel Capacity at 4.7B Gallons as of Jan. 1

— EIA: U.S Ethanol Capacity at 18.5B Gallons as of January 1

— EIA: U.S Biodiesel Capacity at 2B Gallons as of January 1

— Vistra Commits $1B for New 860MW Gas-Fired Permian Power

— TotalEnergies to Buy 49% of Oklahoma Natural Gas Assets

NEWS:

EIA: U.S Renewable Diesel Fuel Capacity at 4.7B Gallons as of Jan. 1

U.S. production capacity for renewable diesel fuel and other biofuel plant output reached 4.719 billion gallons annually across 19 facilities as of January 1, 2025, according to the Energy Information Administration’s annual Plant Production Capacity report.

The nationwide capacity totaled 308,000 bpd, according to the data released late Friday (9/26).

Gulf Coast PADD 3 dominated output with 2.129 billion gallons annually from six plants that represented 139,000 bpd of capacity and accounted for 30% of total U.S. renewable diesel capacity.

West Coast PADD 5 ranked second, reporting 1.799 billion gallons annually from seven facilities that translated to 117,000 bpd.

Midwest PADD 2 turned out 398 million gallons annually from three points that accounted for 26,000 bpd of production.

Rocky Mountain PADD 4 had 393 million gallons annually from three plants producing 26,000 bpd.

The EIA plans to release the next annual biodiesel capacity report in September 2026.

EIA: U.S Ethanol Capacity at 18.5B Gallons as of January 1

U.S. fuel ethanol production capacity reached 18.477 billion gallons annually across 191 plants as of January 1, 2025, according to the Energy Information Administration’s annual Plant Production Capacity report.

The nationwide capacity totaled 1.205 million bpd, according to the data released late Friday (9/26).

Midwest PADD 2 overwhelmingly dominated production with 17.463 billion gallons annually from 177 facilities that represent 1.139 million bpd of capacity and account for more than 94% of total U.S. fuel ethanol capacity.

Gulf Coast PADD 3 ranked second with 430 million gallons annually from four plants, equivalent to 28,000 bpd of capacity.

Rocky Mountain PADD 4 reported 226 million gallons annually from four facilities, translating to 15,000 bpd. East Coast PADD 1 capacity totaled 190 million gallons annually from two plants, producing 12,000 bpd.

West Coast PADD 5 recorded the smallest capacity with 168 million gallons annually from four plants, equivalent to 11,000 bpd.

The EIA plans to release the next annual fuel ethanol capacity report in September 2026.

EIA: U.S Biodiesel Capacity at 2B Gallons as of January 1

U.S. biodiesel production capacity reached 1.986 billion gallons annually across 48 plants as of January 1, 2025, according to the Energy Information Administration’s annual Plant Production Capacity report.

The nationwide capacity totaled 130,000 bpd, according to the data released late Friday (9/26).

Midwest PADD 2 dominated production with 1.419 billion gallons annually from 28 facilities that represent 93,000 bpd of capacity and account for more than 70% of total U.S. biodiesel capacity.

Gulf Coast PADD 3 ranked second with 256 million gallons annually from six plants, equivalent to 17,000 bpd of capacity.

West Coast PADD 5 reported 183 million gallons annually from five facilities, translating to 12,000 bpd. East Coast PADD 1 capacity totaled 128 million gallons annually from nine plants, producing 8,000 bpd.

Rocky Mountain PADD 4 currently has no biodiesel production capacity, with zero plants operating in the region.

The EIA plans to release the next annual biodiesel capacity report in September 2026.

Vistra Commits $1B for New 860MW Gas-Fired Permian Power

Vistra Corp announced on Monday (9/29) it was investing $1 billion to build 860 MW of new natural gas-fueled capacity to feed the booming energy demands of West Texas, doubling down on its Permian Basin power generation.

The commitment, which comes as Texas grapples with grid reliability concerns, is a “final investment decision” on a key element of Vistra’s capital plan to strengthen the state’s ERCOT grid, the company said.

“Based on our ongoing conversations with customers, we are affirming our multi-year plan to add more than 2,000 MW of new capacity in ERCOT between 2024 and 2028,”  Jim Burke, president and CEO of Vistra, said in a statement.

The two new units will be situated at the existing Permian Basin Power Plant, more than tripling the site’s capacity from more than tripling the site’s capacity from 325 MW to 1,185 MW.

Vistra is targeting Texas’ expanding oil and natural gas industries, whose intensive energy needs have strained local infrastructure. The Permian expansion brings its total new generation investment in the state since 2020 to approximately 3,100 MW.

Beyond the new gas units, Vistra is nearing completion on the Oak Hill solar project and is on track to repower the retiring Coleto Creek Power Plant into a dispatchable gas facility. Vistra has also completed upgrades adding to its existing gas fleet over the past year.

TotalEnergies to Buy 49% of Oklahoma Natural Gas Assets

France’s TotalEnergies announced Monday (9/29) that it has signed an agreement to acquire a 49%minority stake in Continental Resources’ natural gas production assets in Oklahoma’s Andarko Basin. 

The deal strengthens TotalEnergies’ commitment to the U.S. liquefied natural gas value chain and its integrated gas position by securing a long-term supply of what the company described as “low-cost and long-plateau assets.”  The assets are already linked to the Henry Hub through existing midstream infrastructure.

The acquired non-operated shale gas assets are projected to reach a gross production of approximately 350 MMSCFD by 2030, a level expected to be sustained over the long term. This will secure TotalEnergies a net gas production of around 150 MMSCFD

The Anadarko deal complements its recent U.S. expansions, including the 2024 acquisitions of Dorado and Constellation assets in the Eagle Ford Basin. TotalEnergies also currently operates a technical production of approximately 500 MMSCFD in the Barnett Shale.

The latest acquisition will “consolidate TotalEnergies’ integrated LNG position with a competitive low-cost and low-emission gas production” Nicolas Terraz, exploration and production president for the French energy producer, said.

The world’s third-largest LNG player, TotalEnergies held a global portfolio of 40 Mt/y at end-2024.  It aims to increase the share of natural gas in its sales mix to nearly 50% by 2030, as part of its strategy to reduce carbon emissions and facilitate the transition from coal to gas.