Neste released second quarter financial results on July 28, reporting robust demand for renewable products during the three-month period and record quarterly comparable sales margin of $865 per ton, up from $700 per ton during the Q2 2021.
Strategic Biofuels has announced that the State of Louisiana recently enhanced its CSS legislation with provisions that provide additional carbon dioxide (CO2) reservoir storage security for projects in Caldwell Parish.
Consortium commits $18M for green marine fuel supply chain
By Global Centre for Maritime Decarbonisation
July 26, 2022
The Global Centre for Maritime Decarbonisation is leading a consortium of 18 industry partners to launch a drop-in biofuels pilot project to establish an assurance framework for ensuring the supply chain integrity of green marine fuels.
Clean Fuels Alliance America has released for immediate review and execution the newest version of its Bioheat Fuel Trademark License Agreement. This new agreement has been developed cooperatively by Clean Fuels and NORA.
A new study that evaluates several approaches to reducing GHG and other emissions from medium and heavy-duty vehicles from 2022-2032 finds considerable advantages with advanced diesel technology particularly when using biofuels.
The U.S. EPA and Growth Energy on July 22 filed a consent decree agreement with the U.S. District Court for the District of Columbia that requires the agency to proposed 2023 RFS RVOs by Nov. 16, 2022, and finalize the 2023 RVOs by June 14, 2023.
The U.S. EPA has released updated renewable identification number (RIN) data showing that nearly 1.85 billion RINs were generated under the Renewable Fuel Standard in June, up from 1.77 billion RINs generated during the same month of 2021.
The U.S. EPA on June 21 published updated data on small refinery exemptions (SREs) filed under the Renewable Fuel Standard, reporting that no new SRE petitions have been filed in the past month. Three SRE petitions are currently pending.
A group of 24 senators on July 19 sent a letter to U.S. EPA Administrator Michael Regan urging the agency to set strong 2023 and 2024 Renewable Fuel Standard renewable volume obligations (RVOs) for biomass-based diesel.
Optimus Technologies Inc. on July 19 announced CARB's Emissions Certification and Compliance Division has issued executive orders that will allow the company to begin its Stage 1 Pilot Program for the Vector System in California.
Koch Engineered Solutions announces that its affiliate company, Optimized Process Designs, has executed a definitive EPC agreement with Fidelis New Energy LLC for the proposed Grön biofuels facility in Louisiana.
The U.S. EPA on June 30 approved a RFS fuel pathway filed by Renewable Energy Group Inc. that will allow the company's biorefinery in Geismar, Louisiana, to generate D4 and D5 RINs for certain biofuels produced using carinata oil feedstock.
The prices of RIN credits—a compliance mechanism used for the RFS program administered by the U.S. EPA—have remained high in 2022. So far this year, D4 RINs peaked on April 28 at $1.91 per gallon and D6 RINs peaked on June 7 at $1.68 per gallon.
Clean Fuels Alliance America on July 13 wrote to President Joe Biden and other administration officials to highlight the biodiesel and renewable diesel industry's contribution to job growth in the clean energy sector.
U.S. biofuels consumption has risen in 2022 and that growth is expected to continue, according to the U.S. EIA's latest Short-Term Energy Outlook, released July 13. Renewable diesel is expected to account for much of the increase.
For the first time in aviation history a CORSIA certified batch of SAF was delivered to a commercial airline. Neste delivered a batch of its Neste MY Sustainable Aviation Fuel to American Airlines at San Francisco International Airport.
The USDA maintained its forecast for 2022-'23 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released July 12. The 2022-'23 soybean outlook is for lower production and lower prices.
The Michigan Soybean Committee has announced formation of the Michigan Advanced Biofuels Coalition (MiABC), which promotes the use of advanced biofuels, including biodiesel, renewable diesel and sustainable aviation fuel (SAF).
Decarbonizing agriculture is critical for the U.S. to reach net zero emissions by 2050. A new data-driven approach looks at practices that are good for the earth and profitable for farmers, according to Argonne National Laboratory.
Labor organizers and unions in Oregon have rallied together to endorse Next Renewable Fuels' proposed $2 billion renewable diesel project at Port Westward. The project is expected to create 3,500 construction jobs and 240 permanent jobs.
The U.S. exported 100,259.3 metric tons of biodiesel and biodiesel blends of B30 and greater in May, up from both 70,214.1 metric tons in April and 82,320.3 metric tons in May 2021, according to data released by the USDA FAS on July 7.
Kohler Power Systems, part of Kohler Co., has announced that its entire offering of mission-critical diesel generators is compatible with hydrotreated vegetable oil (HVO). No adaptations to the installed generators are required.
U.S. operable production capacity for ethanol and renewable diesel expanded in April, while biodiesel capacity fell slightly, according to data released by the U.S. EIA on July 5. Feedstock consumption was up when compared to April 2021.
Downey Ridge Environmental Co., developer of Greasezilla, announces that the brown grease advanced biofuel offtake produced by Greasezilla systems is now a qualified feedstock for RIN credits under the Renewable Fuel Standard.
The U.S. Department of Energy on June 28 released its 2022 U.S. Energy and Employment Report, which includes new data on employment in the biofuels and bioenergy sectors. In general, employment in these sectors was up when compared to 2020.
Victor, Neste partner to reduce private jet charter emissions
By Neste Corp.
June 30, 2022
Neste and Fly Victor, the on-demand private jet company, announced a partnership. Starting June 29, Victor members can purchase Neste MY Sustainable Aviation Fuel (SAF) for every private jet booking globally.
Tidewater Renewables Ltd. has announced a multi-year agreement with an investment-grade company to sell Federal Clean Fuel Regulation (CFR) credits that it will receive through the production and sale of fuels at its British Columbia biorefinery.
The Canadian government on June 29 published final Clean Fuel Regulations, which will require fuel producers and suppliers to meet increasingly stringent carbon reduction goals for gasoline and diesel.
U.S. farmers have planted an estimated 88.3 million acres of soybeans in 2022, up 1 percent when compared to last year, according to the USDA National Agricultural Statistics Service's Acreage report, released June 30.
IATA: Incentives needed to increase SAF production
By International Air Transport Association
June 29, 2022
The International Air Transport Association called for governments to urgently put in place large-scale incentives to rapidly expand the use of SAF as aviation pursues its commitment to achieving net zero carbon emissions by 2050.
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