SOURCE: Cepsa
August 30, 2024
BY Cepsa
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The U.K.’s sustainable aviation fuel (SAF) mandate was signed into law on Nov. 18 and is set to come into force on Jan. 1, 2025. The government has also launched a new Jet Zero Taskforce to revamp efforts to make greener air travel a reality.
Clean Fuels Alliance America on Nov. 26 thanked Reps. Nikki Budzinski, D-Ill., and Mike Carey, R-Ohio, for urging the IRS “to ensure that taxpayers’ registrations under §45Z Clean Fuel Production Credit are completed before January 1, 2025.”
Willis Lease Finance Corp. has announced its subsidiary, Willis Sustainable Fuels (UK) Limited, has entered into a master services agreement (MSA) with McDermott for early EPC related services for its SAF initiative.
Invizyne Technologies Inc., a leading designer of cell-free, enzyme-based biomanufacturing systems, has announced it was awarded a $2 million project to enable enzyme production for cell-free biomanufacturing of SAF.
Simply Blue Group has collaborated with the Assembly of Nova Scotia Mi’kmaw Chiefs to establish a path forward focused on sustainable development of the company’s SAF project under development in Goldboro, Nova Scotia.