May 8th, 2024
The Treasury Department and IRS on April 30 released new guidance on the SAF tax credit and announced the launch of the 40BSAF-GREET 2024 model, which incorporates a pilot-program to encourage the use of climate-smart ag practices for SAF feedstocks.
U.S. Senate Agriculture, Nutrition and Forestry Committee Chairwoman Debbie Stabenow, D-Mich., and House Agriculture Chairman Glenn “GT” Thompson, R-Pa., on May 1 released outlines for competing versions of the 2024 Farm Bill.
Valero Energy Corp. on April 25 announced that its SAF project in Texas is progressing ahead of schedule and expected to be operational this year. The company also reported its ethanol and renewable diesel operations were profitable during Q1.
UK to implement SAF mandate beginning in 2025
By Erin Voegele
a few seconds ago
The U.K. government on April 25 confirmed plans to create a sustainable aviation fuel (SAF) mandate that will require 22% of all jet fuel in flights taking off from the U.K. to come from sustainable sources by 2040.
Nebraska Gov. Jim Pillen on April 24 signed a legislative package that includes a tax credit to support the production of SAF within the state. The tax credit applies to eligible SAF that achieves at least a 50% GHG emissions reduction.
Neste Corp. released first quarter results on April 25, reporting that the company’s operations were negatively impacted by weaker renewable diesel margins during the three-month period. SAF sales volumes are expected to increase throughout 2024.
Advertisement
Advertisement
According to a new analysis by NORA, the Northeast heating oil industry has achieved a nearly 26% reduction in GHG emissions through a combination of energy efficiency improvements and increased use of renewable fuels such as Bioheat Fuel
The U.S. exported 45,891.8 metric tons of biodiesel and biodiesel blends of B30 and greater in March, according to data released by the USDA Foreign Agricultural Service on May 2. Biodiesel imports reached 116,141.1 metric tons during the month.
EIA: US biofuel capacity down slightly in February, feedstock consumption up
By Erin Voegele
a few seconds ago
Total U.S. biofuels operable production capacity fell slightly in February, according to data released by the U.S. Energy Information Administration on April 30. Feedstock consumption was up when compared to both the previous month and February 2023.
On April 29, nine trade associations representing feedstock providers, advanced biofuel producers, and low-carbon fuel customers wrote to the U.S. EPA, urging the agency to propose and finalize robust 2026 RFS volumes by the statutory deadline.
CVR Energy Inc. on April 30 confirmed that the feedstock pretreatment unit at the Wynnewood biorefinery in Oklahoma has begun operations. The company also continues to evaluate the development of two proposed SAF projects.
PBF Energy Inc. on May 2 announced that its St. Bernard Renewables facility operated well during the first quarter of this year, producing an average of 18,000 barrels per day of renewable diesel during the quarter.
Carbon Capture & Storage Summit
June 10-12, 2024
MINNEAPOLIS CONVENTION CENTER | MINNEAPOLIS,MINNESOTA
Capturing and storing carbon dioxide in underground wells has the potential to become the most consequential technological deployment in the history of the broader biofuels industry. Deploying effective carbon capture and storage at biofuels plants will cement ethanol and biodiesel as the lowest carbon liquid fuels commercially available in the marketplace. The Carbon Capture & Storage Summit will offer attendees a comprehensive look at the economics of carbon capture and storage, the infrastructure required to make it possible and the financial and marketplace impacts to participating producers.View More
Biodiesel Summit: Sustainable Aviation Fuel & Renewable Diesel
June 10-12, 2024
MINNEAPOLIS CONVENTION CENTER | MINNEAPOLIS,MINNESOTA
The Biodiesel Summit: Sustainable Aviation Fuel & Renewable Diesel is a forum designed for biodiesel and renewable diesel producers to learn about cutting-edge process technologies, new techniques and equipment to optimize existing production, and efficiencies to save money while increasing throughput and fuel quality. View More
2024 International Fuel Ethanol Workshop & Expo
June 10-12, 2024
MINNEAPOLIS CONVENTION CENTER | MINNEAPOLIS,MINNESOTA
Now in its 40th year, the FEW provides the ethanol industry with cutting-edge content and unparalleled networking opportunities in a dynamic business-to-business environment. As the largest, longest running ethanol conference in the world, the FEW is renowned for its superb programming—powered by Ethanol Producer Magazine —that maintains a strong focus on commercial-scale ethanol production, new technology, and near-term research and development. The event draws more than 2,000 people from over 31 countries and from nearly every ethanol plant in the United States and Canada.View More
Employer Job Package
Post unlimited 30-day online listings with the Biodiesel Job Package!
Unlimited Job Posts for 1 year!
