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Latest EIA STEO report revises 2014 ethanol production forecast

September 12, 2013

BY Erin Voegele

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Neste: Renewables margins down in Q2, but SAF production increases

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By Erin Voegele

July 25, 2024

Sustainable Aviation FuelsBusinessOperations

Neste Corp. on July 25 released second quarter results, reporting that operational performance at the company’s facilities was solid during the three-month period despite a very challenging market environment for renewables.

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Valero Energy Corp. released Q2 financial results on July 25, reporting strong performance for both its ethanol and renewable diesel segments. The company’s SAF project in Texas remains on track to begin operations later this year.

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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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