Karbone

Award-winning Financial Services firm providing cutting edge Commodity Brokerage and Market Advisory to the Renewable Energy and Decarbonization sectors

[Karbone @KARBONEINC]

After 15 years of helping to keep the lights on with the cleanest and cheapest resources available, we're proud to say that our commitment to a sustainable energy transition remains unchanged.

Thank you all for this first 15, and cheers to the next! (3/3)

[Karbone @KARBONEINC]

This week marks the 15th anniversary of Karbone!

Since our launch in 2008, we've had the privilege of serving 5000+ market participants across renewable energy and decarbonization markets. (1/3)

[Karbone @KARBONEINC]

We've grown our deal flow to over $1 billion per year, across three offices and an increasingly global footprint. We're honored by the trust and reliance our clients have placed with us. (2/3)

[Karbone @KARBONEINC]

“But the turmoil has made rewriting power contracts common in the U.S. renewable industry, he said. ‘It is a sign of energy transition, turmoil and volatility,’ he said.”

To learn more about how to navigate the ever-changing PPA marketplace, contact the Karbone team (3/3)

[Karbone @KARBONEINC]

Tumultuous times in the energy transition! @WSJ asked Karbone Managing Partner, Jonathan Burnston, about the ongoing impacts of rising costs on renewable #PPA contract structures: https://t.co/sVfdBg7DbA (1/3)

[Karbone @KARBONEINC]

“A few years ago, you would be blacklisted if you helped a developer renegotiate a power-purchase contract, said Jonathan Burnston, a managing partner at Karbone, a New York-based financial-services firm.” (2/3)

[Karbone @KARBONEINC]

…which occurred in Q2 2022 with nearly 5 million gallons receiving credits. All eyes are on #CARB for their next workshop, occurring on August 16th, 2023 to continue discussions on changes to be made to the #LCFS program. (5/5)

[Karbone @KARBONEINC]

The California Air Resource Board released its Q1 2023 Data Update for its Low Carbon Fuel Standard (#LCFS). As the first update under 2023’s new CI benchmark, most renewable fuels in the program showed notable decreases in crediting, and varied change in volumes. (1/5)

[Karbone @KARBONEINC]

Between the changing distribution of competitive feedstocks and expanding production capacity of #RenewableDiesel and other marginal biofuels, the SAF volumetric jump seems logical. However, Q1’s SAF volume is still 200,000+ gallons below the historical max for the program…(4/5)

[Karbone @KARBONEINC]

With feedstock competition between #RenewableDiesel, #Biodiesel, and Sustainable Aviation Fuel (#SAF) continuing, a 200% leap in SAF volume this quarter could indicate a redistribution of feedstock allocation by fuel type. (3/5)

[Karbone @KARBONEINC]

Still the largest credit supplier under the CA LCFS, #RenewableDiesel showed an 8% increase in volumes from Q4 2022 to Q1 2023. Notably, RD volumes finally overtook conventional #Diesel, which fell nearly 30% in volume in the same time period. (2/5)

[Karbone @KARBONEINC]

@wombat_ee We feel pretty good about it, and so does the industry!
LFG has been an important part of the renewable energy mix since the 70-80's. The only real limitations are scale, and the feasibility of connecting smaller projects to the grid.

[Karbone @KARBONEINC]

After much anticipation, the @EPA released the final #RVOs for 2023, 2024, and 2025 #RenewableFuels:

#eRINs, a portion of the #D3 RVO to be attributed to #CNG for Electricity, have not been included. Thus, the final D3 requirement is much lower than proposed in December 2022.

[Karbone @KARBONEINC]

Team day trip to the largest municipal recovery facility in the US! Thank you @SMRecycles for an informative tour of the Sunset Park recovery facility and a look into the largest sorting system of its kind–processing 1,000 tons a day of NYC residential waste. We 💚 #wastetovalue!

[Karbone @KARBONEINC]

Karbone’s volumetric forecast for 2022 averaged within 5% of reported volumes across all fuels included in the CA LCFS Program. Contact the desk for more information on our new LCFS #MarketFundamental Forecast on the Karbone Data Hub, and our 10-Year Merchant Curve Forecast.

[Karbone @KARBONEINC]

The #LCFS credit bank grew 2% to a record 15.1 million in Q4 2022, according to @AirResources data released today. While deficits grew 5%, the pace was not enough to match soaring volumes of #RenewableDiesel, #CompressedNaturalGas, and #Electricity credits.

[Karbone @KARBONEINC]

Our expertise in #GHG/Environmental/#CarbonMarkets will facilitate a shared value between #EnvironmentalProtection regulation and #EconomicGrowth. We aim to ensure equitable project execution through a holistic understanding of Guatemala's social, geographic, and legal landscape.

[Karbone @KARBONEINC]

Karbone’s Carbon Brokerage team is proud to announce our participation in the development of the Guatemalan Forestry Protocol through the @climatereserve!

See working group details here:
https://t.co/xFTZkhHMUF

[Karbone @KARBONEINC]

@OilandGibbs @TheTerminal Also feedstock prices have gone down significantly over the past year and LCFS credits currently moving upwards–soybean oil futures below $55/lb, LCFS up ~25% since Jan 2023. That means margins less reliant on RINs?

[Karbone @KARBONEINC]

@OilandGibbs @TheTerminal In 2021 BBD production was higher than the RVO–3 billion vs 2.43 billion gallons. Perhaps RVO acts as a floor more than a cap if production is exceeding mandated volumes?