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EU agreement on ILUC caps conventional biofuels at 7 percent

July 31, 2014

BY Ron Kotrba

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DOE releases 45ZCF-GREET model for use with 45Z clean fuel production credit

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By U.S. Department of Energy

3 minutes ago

Policy

The U.S. Department of Energy on Jan. 15 released the 45ZCF-GREET model. The announcement follows the U.S. Department of the Treasury and Internal Revenue Service guidance on the 45Z clean fuels production credit released on Jan. 10.

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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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In 2024, Iowa biodiesel production ticked up to 353 million gallons, up from 350 in 2023. Iowa biodiesel plants managed to power through being undercut by a drastically low RFS blending level, but could not escape uncertainty surrounding tax policy.

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The U.S. DOE Advanced Research Projects Agency-Energy (ARPA-E) has announced $25 million to develop a U.S.-led marine energy hydrocarbon and industrial commodity supply through the deep-water cultivation of seaweed biomass at million-ton scale.

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The U.S. Department of Energy Bioenergy Technologies Office (BETO) announced up to $23 million in funding to support research and development (R&D) of domestic chemicals and fuels from biomass and waste resources.

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