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EIA increases forecasts for 2025 biodiesel production, renewable diesel consumption

December 12, 2024

BY Erin Voegele

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Terviva secures investment from Idemitsu to scale sustainable pongamia production for SAF

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By Terviva Inc.

January 17, 2025

FeedstocksBusinessSustainable Aviation Fuels

Terviva Inc. on Jan. 14 announced a strategic investment from Idemitsu Kosan Co. Ltd. Idemitsu, in partnership with Terviva and Australia-based Stanmore is beginning a trial plantation of Terviva’s pongamia in Queensland, Australia.

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London-based Heathrow Airport on Jan. 10 announced it targeting 5% sustainable aviation fuel (SAF) use in 2025. To support that goal, the airport is offering £86 million ($105.27 million) to airlines under its pioneering SAF incentive scheme.

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The U.S. DOE, USDA and FAA on Jan. 13 released Sustainable Aviation Fuel (SAF) Grand Challenge 2021-2024 Progress Report, which underscores the importance of continued investment in the rapidly growing biofuels industry.

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The U.S. EIA maintained its forecasts for 2025 renewable diesel and biodiesel production in its latest Short-Term Energy Outlook, released Jan. 14. The 2025 outlook for “other biofuel” production, including SAF, was also unchanged.

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Calumet Inc. on Jan. 10 announced the closing of a $1.44 billion U.S. Department of Energy loan guarantee to fund construction of Montana Renewables’ MaxSAF initiative, which aims to boost SAF capacity at the biorefinery to 300 MMgy.

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