The newly converted Braya Renewable Fuels refinery in Come By Chance, NL, overlooking Placentia Bay. / SOURCE: CNW Group/Braya Renewable Fuels
June 19, 2024
BY Erin Voegele
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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.
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.
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.
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.
On Jan, 7, the Oregon Department of Environmental Quality approved NXTClean Fuel’s 401 water permit, confirming that NXTClean’s renewable fuels facility can safely operate within Oregon’s strict environmental protection regulations.