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Castlerock Green Energy announces investment by Nexus Development Capital

August 9, 2024

BY CastleRock Green Energy

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Mann, Kaptur urge Treasury to include domestic requirements in 45Z guidance

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By Erin Voegele

10 hours ago

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More than three dozen members of the U.S. House of Representatives are urging the U.S. Treasury Department to ensure only fuels manufactured from domestically sourced feedstocks qualify for the upcoming 45Z Clean Fuel Production Credit.

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The U.S. exported 88,432.8 metric tons of biodiesel and biodiesel blends of B30 and greater in July, according to data released by the USDA FAS on Sept. 4. U.S. biodiesel imports were at 86,483 metric tons for the month.

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On Aug. 30, Korean Air began using domestically produced SAF for the first time on flight KE719 from Seoul Incheon to Tokyo Haneda. Korean Air is the first Korean flag carrier to operate commercial flights partially powered by SAF produced in Korea.

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The U.S. Department of Energy Bioenergy Technologies Office (BETO) is overseeing a call for industry partnerships to connect industry stakeholders with the capabilities of the Feedstock-Conversion Interface Consortium.

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Operable U.S. biofuels production capacity increased in June, with gains for both ethanol and renewable diesel, according to data released by the U.S. Energy Information Administration on Aug. 30. Feedstock consumption was up for the month.

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