What do RIN experts do? A Renewable Identification Number (or RIN) is a serial number assigned to the volume of a batch of biofuel for the purpose of tracking its production, transfers, trading, and ultimate use or retirement. This is required by the U.S. EPA’s Renewable Fuel Standards (RFS) which was implemented as a result of the Energy Policy Act of 2005 and the Energy Independence and Security Act of 2007.
RIN consultants or RIN experts are those with a background in enforcement or compliance with RFS, RINS, and likely the Low Carbon Fuel Standards (LCFS), and the attendant regulations of each. These experts can do such things as assist in the determination of the RIN “equivalence value” and can show you how to maximize that value. The RIN expert can help outline a strategy for an obligated party to bank excess RINs, or go short on RINs based on price expectations. These experts can also show clients how to separate a RIN without blending the renewable fuel. Often the creation and sale of RINs is the deciding factor in a project’s viability, so it is important to get expert advice as early as possible.
Lee Enterprises Consulting (LEC) offers a wide range of services in biofuels, biochemicals, biotechnologies, biomaterials, synthetic biology commercialization, feedstocks, and hemp/cannabis. The company has business and financial services like due diligence, feedstock availability, grants and loans, and bio market research. The company also offers technical and engineering-related services like techno-economic analysis, environmental evaluations, feasibility studies, risk analysis, and expert witness engagements. The company also has strategic partnerships in place to assist clients with insurance, legal, accounting, plant fabrication, feedstock procurement. With over 150 experts worldwide, Lee Enterprises Consulting also has experts in anaerobic digestion, fermentation, biomass, conversion technologies for things like tires and railroad ties, organic synthesis, fuel additives, ethanol gas, biodiesel fuel including algae biofuels, solid-state and industrial fermentation, green energy grants, ag-biotech, agricultural waste, alcohol fuels, alternative proteins and animal-free products, sustainable foods, beverage fermentation, biocatalysis, biodiesel conversion, biogas production, biomass power, carbon intensity, co2 utilization, combined heat & power, Fischer-Tropsch technology, food waste, hydrothermal carbonization, industrial enzymes, landfill management, microbial fermentation, organic synthesis, plastic pyrolysis, plastic recycling, plastic waste, pyrolysis oil, reactor design, renewable identification number, the Renewable Fuel Standard (rfs2), solid recovered fuels, torrefaction and torrefied biomass, waste to energy, and waste-to-hydrogen. This is a multidisciplinary group of green energy consultants that is a virtual “one-stop-shop” for any client need and handles projects of all types and sizes.
Look at our 150+ experts and the services we provide. Most of our experts are also available to advise and serve as expert witnesses in bioeconomy litigation matters. For the larger projects, we specialize in putting together full-service, interdisciplinary teams with one point of contact. See a video about LEC here. Call us at 1+ (501) 833-8511 or email us for more information.
See also: Low Carbon Fuel Standards.
