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EIA: Fuel ethanol production up 2%, stocks up slightly

SOURCE: U.S. Energy Information Administration

July 26, 2023

BY Erin Voegele

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UK confirms plans to set SAF mandate at 2% for 2025

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By Erin Voegele

10 hours ago

MarketsPolicySustainable Aviation Fuels

The U.K. Department for Transport on July 22 sent a written statement to the U.K. Parliament confirming that, subject to Parliamentary approval, the agency will introduce a sustainable aviation fuel (SAF) mandate starting on Jan. 1, 2025.

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The European Biodiesel Board, representing the European producers of biodiesel (HVO & FAME), has successfully obtained provisional anti-dumping duties in its trade case against Chinese biodiesel flooding the EU market.

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American Airlines consumed 2.7 million gallons of SAF in 2023, according to its 2023 Sustainability Report. While that volume of SAF use was up 4% when compared to 2022, it accounted for less than 1% of total fuel use during the year.

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Renewable diesel margins could experience a modest increase this fall, according to CoBank’s latest Quarterly Research Report. If realized, that boost to margins could mitigate softening demand for soybean oil in the biofuel market.

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The International Air Transport Association has called on South Africa to mobilize its experience, resources, and infrastructure to accelerate the development of sustainable aviation fuel (SAF) production.

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