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Aemetis provides update of biodiesel, RNG, SAF and ethanol initiatives

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By Erin Voegele

March 11, 2024

Sustainable Aviation FuelsOperationsBusiness

Aemetis Inc. released fourth quarter financial results on March 7, reporting the company achieved important milestones in its biodiesel, RNG, ethanol, SAF and carbon capture business segments last year.

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Following Ryanair’s purchase of 500 metric tons of sustainable aviation fuel (SAF) from OMV in October 2023, the airline on March 8 announced that it will take an additional 500 metric tons of SAF from OMV in 2024.

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SAF One, a platform focused on the development of global SAF solutions, announces the appointment of engineering firm Kent to carry out a technology licensing review for its first synthetic paraffinic kerosene (SPK) production plant.

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The U.K. government has opened a public comment period as part of its effort to avoid market manipulation caused by overlapping domestic and international incentives for sustainable aviation fuel (SAF) and other low carbon fuels.

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Montana Renewables was recognized as the Groundbreaker of the Year and Jason Kessler, president at KESCO Inc., was presented with the Excellence in Bioenergy Award at the 17th Annual International Biomass Conference & Expo.

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Neste has launched its new emission reduction solution, Neste Impact, for businesses looking to reduce the carbon footprint of their air travel and transport activities. The solution is based on purchasing Neste MY Sustainable Aviation Fuel.

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A recent life cycle assessment highlights a notable 22% decrease in the carbon footprint associated with U.S. production of crude soy oil, which is a key feedstock for U.S. biodiesel, renewable diesel and SAF producers.

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Agriculture Secretary Tom Vilsack on March 1 announced a short-term delay in the release of the GREET model for sustainable aviation fuel (SAF), citing the need to get calculations for climate-smart agriculture right.

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Ag Secretary Tom Vilsack expressed confidence that the U.S. EPA will issue an emergency waiver to allow E15 to remain available this summer and discussed the USDA’s ongoing efforts with regard to SAF during a Feb. 28 congressional hearing.

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Southwest Airlines Co. has launched Southwest Airlines Renewable Ventures, a wholly-owned subsidiary dedicated to creating more opportunities to obtain scalable SAF. The carrier also announced a $30 million investment in LanzaJet Inc.

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The government of Singapore has unveiled an action plan that aims to decarbonize the country’s aviation sector. The program will, in part, require flights departing Singapore to be fueled with sustainable aviation fuel (SAF) starting in 2026.

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The U.S. Department of Energy and the U.S. EPA on Feb. 22 released a funding opportunity announcement (FOA), entitled, “Inflation Reduction Act Funding for Advanced Biofuels,” for up to $9.4 million for the development of advanced biofuels.

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Cepsa and Bio-Oils, a subsidiary of Apical, are beginning construction of the largest second-generation biofuels plant in southern Europe. The facility will have the flexibly produce 500,000 tons of SAF and renewable diesel.

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The U.S. Department of Energy has announced its intent to issue funding to support research and development (R&D) projects for converting algae and other wet waste feedstocks to low-carbon fuels, chemicals and agricultural products.

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Technip Energies announces a strategic investment in the United Airlines Ventures Sustainable Flight Fund, which is designed to leverage cross-industry support, providing start-ups working on SAF research, production and technology.

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A Pennsylvania refinery operated by a subsidiary of Delta Air Lines Inc. is evaluating the possibility of producing sustainable aviation fuel (SAF) and other renewable fuels, according to information contained in the company’s annual report.

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Airbus and TotalEnergies have signed a strategic partnership to address the challenges of decarbonizing aviation through SAF. The partnership includes components related to the supply of SAF in Europe and a research and innovation program.

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Neste Corp. released 2023 financial results on Feb. 8, reporting that renewable diesel production was up more than 15% when compared to 2022, with sustainable aviation fuel (SAF) production up nearly 59%.

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Clean Fuels Alliance America welcomed nearly 850 attendees from over 20 countries to connect with key players from the biodiesel, renewable diesel and sustainable aviation fuel industries at the Clean Fuels Conference in Fort Worth, Texas.

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The U.S. Department of Energy’s (DOE) Bioenergy Technologies Office (BETO) released a summary report following its Deploying Purpose-Grown Energy Crops for Sustainable Aviation Fuel (SAF) workshop held June 6-7, 2023, in Kansas City, Missouri.

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Strategic Biofuels and Sumitomo Corporation of Americas, a subsidiary of Sumitomo Corp., have entered into a joint development agreement for the proposed Louisiana Green Fuels project in Louisiana, which has now shifted its focus to SAF production.

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Legislation currently pending in Washington state aims to require airport operators to make a minimum 10% blend of sustainable aviation fuel (SAF) available to private jets owned by individuals or businesses once certain conditions are met.

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Neste and Amelia, a French regional airline, have closed an agreement for the supply of blended Neste MY Sustainable Aviation Fuel. Amelia has been using the SAF for all its flights departing from Amsterdam Airport Schiphol since Jan. 1.

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Future Energy Global, led by former GE Capital Aviation Services Head of Portfolio Strategy Natasha Mann, has launched an innovative financial ecosystem to accelerate the production and uptake of sustainable aviation fuel (SAF).

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Emirates has become the first international airline to join The Solent Cluster, a U.K. initiative focused on low carbon investments established to reduce CO2 emissions from industry, transport and households in the South Coast of England.

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Cathay on Jan. 29 welcomed the successful launch of the Hong Kong SAF Coalition as its co-initiator. The coalition is convened and chaired by Business Environment Council, along with 13 founding partners from the SAF value chain.

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Valero Energy Corp. released Q4 financial results on Jan. 25, reporting an increase in renewable diesel production volumes despite lower margins. The SAF project under development in Texas remains on schedule for completion next year.

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Honeywell announced that Acelen Renewables has selected its Ecofining technology to help support the efficient production of a targeted 20,000 barrels per day SAF and renewable diesel at its facility in Bahia, Brazil.

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Biomass Magazine has announced the general session speakers for the 17th Annual International Biomass Conference & Expo taking place March 4-6, 2024 at the Greater Richmond Convention Center in Richmond, Virginia.

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Ryanair, Europe’s no.1 airline, and Enilive, a company directly controlled by Eni, announced on Jan. 22 that they have signed a letter of intent (LOI) for the long-term supply of Enilive SAF at selected Ryanair airports across Italy.

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