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.
U.S. soybean production was up 5% last year, according to the 2024 Crop Production Annual Summary released Jan. 10 by the USDA's National Agricultural Statistics Service. Soybean yields were also up from 2023.
Treasury and the IRS on Jan. 10 released guidance on the 45Z clean fuels production credit, including a notice of intent to propose regulations and a notice providing the annual emission rate table for the credit.
The USDA reduced its forecast for 2024-’25 soybean use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Jan. 10. The forecast for soybean oil prices is unchanged.
The Missouri Agricultural and Small Business Development Authority (MASBDA) announced it has invested nearly $3.4 million in projects that increase the distribution and use of higher blends of ethanol and biodiesel in the State of Missouri.
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.
Bayer on Jan. 9 announced a deal with Canada-based Smart Earth Camelina Corp., whereby Bayer has acquired their camelina germplasm, intellectual property, and materials to expand its global leadership position in biomass-based feedstock markets.
Neste and Bayer have signed an MOU aimed at developing a winter canola ecosystem in the U.S, including identifying partners and developing the value chain together, and scaling winter canola production as a raw material for renewable products.
SK Energy has successfully exported sustainable aviation fuel (SAF) to Europe, marking a first for a Korean refiner. This milestone comes just four months after the company commenced commercial production, completing a global value chain for SAF.
Neste and KPI OceanConnect, a global provider of marine energy solutions, collaborate on the supply of Neste MY Renewable Diesel to the marine sector in Singapore in partnership with Global Energy for operational delivery in Singapore waters.
The U.S. exported 16,879.6 metric tons of biodiesel and biodiesel blends of B30 or greater in November, according to data released by the USDA Foreign Agricultural Service on Jan. 7. Biodiesel imports were at 76,519.5 metric tons for the month.
Tidewater Renewables Ltd. has filed a countervailing (anti-subsidy) and anti-dumping duty complaint with the Canada Border Services Agency. The complaint targets unfairly traded imports of renewable diesel from the U.S.
The USDA has appointed 36 members to serve on the newly formed Greenhouse Gas Technical Assistance Provider and Third-Party Verifier Program Advisory Council, informally known as the Growing Climate Solutions Act Advisory Council.
The U.K.’s sustainable aviation fuel (SAF) mandate officially came into force on Jan. 1. By law, SAF must now account for at least 2% of all jet fuel in flights taking off from the U.K. The mandate is set to expand to 10% in 2030 and 22% in 2040.
Vertex Energy Inc. could be required to retire over 18.7 million RIN by March 31, 2025, to satisfy its 2023 and 2024 RFS blending obligations under a proposed Consent Decree and Environmental Settlement Agreement lodged by the U.S. government.
U.S. operable biofuels production capacity increased slightly in October, with a small gain for ethanol, according to data released by the U.S. EIA on Dec. 31. Feedstock consumption was down when compared to October 2023.
The U.S. EPA on Jan. 2 denied two small refinery exemptions (SREs) for RFS compliance year 2023, according to updated data posted to the agency’s online SRE data dashboard. No other actions were taken and 129 SRE petitions remain pending.
The U.S. is on pace to surpass 5 billion gallons of biodiesel and renewable diesel consumption for the first time, capping a 2024 that saw increased efforts from states and growing public support for clean transportation fuel.
Global Clean Energy Holdings Inc., a renewable fuels innovator and camelina producer, on Dec. 20 announced that its Bakersfield Renewable Fuels Facility is commercially operational, producing approximately 250,000 gallons of renewable diesel daily.
Moeve and easyJet have signed a memorandum of understanding to accelerate the decarbonization of air transport by promoting SAF. The agreement gives easyJet access to SAF for six years on the airline’s route network in Spain.
The National Renewable Energy Laboratory, with support from the U.S. Department of Energy Bioenergy Technologies Office (BETO), recently released the Sustainable Aviation Fuel Blending and Logistics report.
Kansas State University biochemists have used synthetic biology techniques to significantly increase the amount of acetyl-triacylglycerols in pennycress and camelina. The achievement could benefit biofuel producers.
The U.S. DOE has announced its intent to issue funding to support high-impact research and development (R&D) projects in two priority areas: sustainable propane and renewable chemicals and algal system cultivation and preprocessing.
NATSO, SIGMA, the American Trucking Associations, National Association of Convenience Stores, SABR the National Energy & Fuels Institute are applauding the introduction of the Biodiesel Tax Credit Extension Act of 2024.
The U.S. EPA on Dec. 19 released data showing that 2.03 billion RINs were generated under the RFS in November, up from 2.01 billion generated during the same month of 2023. Nearly 22.9 billion RINs were generated during the first 11 months of 2024.
The U.S. EPA on Dec. 19 released updated small refinery exemption (SRE) data reporting that one new SRE petition has been filed under the Renewable Fuel Standard during the past month. According to EPA, 131 SRE petitions are currently pending.
The USDA Rural Business Cooperative Service on Dec. 13 announced it is extending the deadline to apply for the agency’s Section 9003 loan guarantee program. Applications must now be submitted before Dec. 31.
Current barriers to higher biomass-based diesel blends have been identified along with strategies to address them.
Biodiesel capacity in the U.S. and Canada dipped slightly stable in 2024, with several renewable diesel producers reporting headwinds and lower margins alongside a drove of SAF projects in various stages of development.
Air New Zealand on Dec. 18 announced its largest purchase of sustainable aviation fuel (SAF) to date, securing more than 30 million liters from Neste to be uplifted from Los Angeles and San Francisco through to February 2026.
Advertisement