IAE AG successfully tests V2500 engine on 100% sustainable aviation fuel (SAF). / SOURCE: RTX
March 22, 2024
BY RTX
Advertisement
Advertisement
Boeing and Wagner Sustainable Fuels will collaborate on growing the sustainable aviation fuel (SAF) industry to help meet Australia’s airline demand for jet fuel which is expected to increase by 75% over the next 25 years.
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.
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.
A coalition of 36 biofuel producers, ag groups, airlines and other SAF stakeholders on April 24 sent a letter to Agriculture Committee leaders in the House and Senate urging them to provide support for SAF in the upcoming Farm Bill.
Neste and New Jersey Natural Gas have announced NJNG will fuel its medium-duty trucks and associated equipment with Neste MY Renewable Diesel to help reduce greenhouse gas (GHG) emissions.