SOURCE: Novonesis
November 13, 2024
BY Novonesis
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The U.S. Energy Information Administration maintained its 2024 and 2025 forecasts for the production of biodiesel, renewable diesel and other biofuels, including SAF, in its latest Short-Term Energy Outlook, released Nov. 13.
A Florida man pleaded guilty on Nov. 7 for his role in a scheme that generated over $7 million in fraudulent U.S. EPA renewable fuels credits and sought over $6 million in fraudulent tax credits connected to the purported production of biodiesel.
Neste and Air Canada have signed an agreement for the supply of 60,000 metric of neat Neste MY Sustainable Aviation Fuel. Neste will deliver the SAF, blended with conventional jet fuel, to the Vancouver marine terminal starting in December 2024.
NATSO, representing truck stops and travel centers, and SIGMA: America’s Leading Fuel Marketers, on Nov. 8 urged Congress to take action during the Lame Duck session to extend the $1 per gallon biodiesel blenders’ tax credit.
Neste on Nov. 8 announced its Rotterdam refinery has been shut down due to a fire. The fire has been extinguished and did not cause any injuries. Production will be down for several weeks, impacting renewable diesel customer deliveries.