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Montana Renewables receives first tranche of $1.44 billion DOE loan guarantee

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By Erin Voegele

11 hours ago

Sustainable Aviation FuelsBusiness

Calumet Inc. on Feb. 18 announced that its subsidiary Montana Renewables LLC has received the first drawdown of approximately $782 million from its $1.44 billion U.S. DOE loan guarantee. The loan will fund the expansion of SAF production capacity.

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Neste Corp. on Feb. 13 released fourth quarter financial results, reporting that its renewables segment was impacted by both market and operational challenges during the three-month period. Sustainable aviation fuel (SAF) sales, however, were up.

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PBF Energy Inc. on Feb. 13 announced that its St. Bernard Renewables facility produced 17,000 barrels per day of renewable diesel during the fourth quarter, up from 13,000 barrels per day during the third quarter.

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The USDA maintained its forecast for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Feb. 11. The outlook for soybean oil prices was also unchanged.

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Calumet Inc. on Feb. 12 reported that the Trump administration has successfully completed the “tactical” review of the $1.44 billion DOE loan guarantee to support expanded SAF production its Montana Renewables facility.

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The U.S. Senate on Feb. 13 voted 72 to 28 to confirm Brooke Rollins to serve as secretary of agriculture. Representatives of the biofuel and bioenergy industries have spoken out in support of her confirmation.

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The U.S. Supreme Court on Feb. 6 denied a request from the Trump administration to pause the SRE lawsuit currently pending before the court. The court is currently scheduled to hear oral arguments for the case on March 25.

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The U.S. Department of Commerce’s International Trade Administration on Feb. 12 announced it would postpone a meeting of the Renewable Energy and Energy Efficiency Advisory Committee that was scheduled to take place that day.

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Sasol, Anglo American and De Beers entered into a joint development agreement on Feb. 4 to pilot the production of feedstock for renewable diesel. The initiative aims to support the development of a value chain for renewable fuels in South Africa.

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At the FrontFuel SynFuels demonstration project in Foulum, Denmark, Topsoe and Sasol have successfully converted biogas and CO2 to a synthetic crude.

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Key players in Europe’s aviation industry, including airlines, airports and manufacturers have outlined to EU policymakers seven critical measures to stimulate sustainable aviation fuel (SAF) production in Europe.

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Clean Fuels Alliance Foundation welcomes new director

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By Clean Fuels Alliance America

February 12, 2025

The Clean Fuels Alliance Foundation has welcomed newly elected director Ezra Finkin to the Clean Fuels Alliance Foundation board of directors. Finkin is the director for corporate affairs and development with Chevron Renewable Energy Group.

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Ginkgo Bioworks on Jan. 23 announced that Ginkgo Automation will design and deploy a flexible, anaerobic-enabled laboratory automation system for the Great Lakes Bioenergy Research Center, a U.S. DOE-funded facility at UW–Madison.

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New research shows most universities can immediately make the switch from petroleum-based energy sources to biofuels to heat campuses in cold weather zones with existing infrastructure, according to Lifecycle Renewables

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To further strengthen their collaboration on reducing emissions in logistics, DHL Group and Neste have agreed to jointly evaluate how Neste’s renewable solutions, such as renewable diesel and SAF, can support DHL in its decarbonization targets.

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Avfuel Corp. on Jan. 31 announced it is expanding the availability of sustainable aviation fuel (SAF) by offering the fuel at three additional supply terminals located in Linden, New Jersey; Pasadena, Texas; and Florida’s Port Everglades.

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Verity Holdings LLC, a subsidiary of Gevo Inc., and Landus have announced a new agreement aimed at unlocking added value for farmers through sustainability premiums via export markets.

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The U.K. Department for Transport has announced it will invest £63 million over the next year under its Advanced Fuels Fund to support SAF producers. The agency also issued a response to its consultation on a revenue certainty mechanism for SAF.

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Moeve and Norwegian signed a contract to accelerate the decarbonization of air transport between Spain and the Nordic region by promoting SAF. Moeve produces SAF at its La Rábida Energy Park (Huelva) from used cooking oils.

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The U.S. exported 19,303.6 metric tons of biodiesel and biodiesel blends of B30 or greater in December, according to data released by the USDA Foreign Agricultural Service on Feb. 5. Biodiesel imports were at 97,4200.7 metric tons for the month.

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The U.S. Department of Commerce’s International Trade Administration has announced the Renewable Energy and Energy Advisory Committee will hold a meeting Feb. 12 in Washington, D.C. The event will also be streamed online.

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The Singapore Airlines (SIA) Group has signed a memorandum of understanding (MoU) to potentially source neat sustainable aviation fuel (SAF) from Aether Fuels, which plans to commence production in five years.

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IATA releases SAF accounting and reporting methodology

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By International Air Transport Association

February 05, 2025

The International Air Transport Association on Jan. 31 released its methodology for accounting and reporting the emissions reduction associated with the use of sustainable aviation fuel (SAF) by airlines.

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Marathon Petroleum Corp. released fourth quarter financial results on Feb. 4, reporting a profitable three-month period for its newly formed renewable diesel segment. Improved earnings are attributed to increased capacity utilization.

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Phillips 66 on Jan. 31 released fourth quarter financial results, reporting improved earnings for its renewable fuels segment on higher margins for its Rodeo complex in California and stronger international results.

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Imperial Oil Ltd. on Jan. 31 confirmed construction on the renewable diesel facility at its Strathcona refinery near Edmonton, Alberta, progressing on schedule. The biorefinery project is on track to being operations in mid-2025.

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Chevron Corp. released fourth quarter financial results on Jan. 31. During an earnings call, company officials confirmed that the renewable diesel expansion project at the Geismar biorefinery in Louisiana is undergoing final commissioning.

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U.S. operatable biofuel production capacity was unchanged in November 2024, according to data released by the U.S. EIA on Jan. 31. Feedstock consumption was up from both the previous month and November 2023.

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Clean Fuels Alliance America hosted its annual Clean Fuels Conference in late January. During the event, experts shared the state of the biobased diesel industry today and the outlook for the near-and long-term.

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The U.S. Department of Energy Bioenergy Technologies Office released the Feedstock-Conversion Interface Consortium Capstone Report. The report summarizes the FCIC’s goals, research activities, and achievements over the past three years.

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