“Power Up Your Portfolio: Top 6 US Biofuel Stocks for 2023

The increasing pressures of climate change and global warming have led to a renewed focus on environmentally-friendly sources of energy. Biofuels are a promising source of renewable energy and numerous companies around the world are investing in biofuel-related technology and projects. While more companies enter the market with new and innovative solutions, some traditional companies are still leading when it comes to biofuel investments. In this article, we’ll take a look at six of the leading US biofuel stocks. First on the list is Green Plains Inc (NASDAQ: GPRE). Headquartered in Omaha, NE, Green Plains has become a leading developer of renewable fuel production technology since its inception in 2004. As of 2021, the company operates nine ethanol production facilities across the US, producing over 1.9 million gallons of ethanol per year. As the US moves towards a greener energy future, Green Plains continues to invest in new technologies and expand its production network. Next on the list is Affect Energy (NASDAQ: FIF). Founded in 2007, Affect Energy operates three biofuelrefineries in Pennsylvania and New Jersey. The company produces the clean fuel food-grade ethanol, biodiesel, and green gasoline. One of Affect’s greatest successes was the development of the first-ever green gasoline, a biodiesel/ethanol blend that is formulated to help reduce emissions from road and vehicular traffic. Affect Energy is committed to providing new clean fuel solutions to the market and continues to look for other ways to reduce its environmental footprint. Third on the list is KiOR (NASDAQ: KIOR). KiOR is a leading renewable energy company that specializes in the production of cellulosic biofuels. As of 2021, KiOR operates seven facilities across the US, with the main facility located in Mississippi. The company produces fuel from non-food biomass, such as wood chips, corn stalks, rice straws, and other agricultural waste. Furthermore, KiOR is actively researching new production processes and working to improve the efficiency of its process. Fourth on the list is Gevo (NASDAQ: GEVO). Gevo is a leader in advanced biofuels and biobased chemicals and has been producing sustainable alternatives to petroleum-based fuels since 2009. Gevo operates a refinery in Minnesota and converts biogas generated from the anaerobic digestion process into renewable energy. In addition to biofuel production, Gevo is also actively researching new ways to reduce emissions from the production and use of transportation fuels. Fifth on the list is Renewable Energy Group (NASDAQ: REGI). Renewable Energy Group is a leading producer of biodiesel, renewable diesel, and biomass-based diesel. The company operates 13 production facilities across the US and produces over 1 billion gallons of renewable diesel and biodiesel each year. Renewable Energy Group is also actively researching new technologies to increase the efficiency of renewable fuel production and reduce its environmental impact. Finally, we have REG Life Sciences (NASDAQ: RLS). REG Life Sciences is a leading provider of advanced biofuels, biochemicals, and lubricants. The company is dedicated to improving the sustainability of biofuel production and is working with a range of technological partners to make the process as efficient as possible. REG Life Sciences currently operates seven production facilities in the US, with a total capacity of over 300 million gallons of renewable fuel. These six US biofuel stocks are leading the way in the renewable energy sector. Green Plains, Affect Energy, KiOR, Gevo, Renewable Energy Group, and REG Life Sciences are providing eco-friendly fuel solutions and spearheading the movement towards a greener future. Whether it’s through advanced biofuels, renewable diesel, biomass-based diesel, or green gasoline, these US biofuel stocks have positioned themselves to benefit from the increasing demand for renewables and contribute to the fight against climate change.