U.S. Senate Agriculture, Nutrition and Forestry Committee Chairwoman Debbie Stabenow, D-Mich., and House Agriculture Chairman Glenn “GT” Thompson, R-Pa., on May 1 released outlines for competing versions of the 2024 Farm Bill.
The Treasury Department and IRS on April 30 released new guidance on the SAF tax credit and announced the launch of the 40BSAF-GREET 2024 model, which incorporates a pilot-program to encourage the use of climate-smart ag practices for SAF feedstocks.
Phillips 66 on April 26 announced its Rodeo biorefinery in San Francisco is expected to be producing 50,000 barrels per day of renewable fuels by the end of Q2. The facility is scheduled to have the capability to produce SAF components by Q3.
Neste Corp. released first quarter results on April 25, reporting that the company’s operations were negatively impacted by weaker renewable diesel margins during the three-month period. SAF sales volumes are expected to increase throughout 2024.
On April 29, 40 companies and organizations that hold a stake in the development and deployment of sustainable aviation fuel united to announce the formation of the Sustainable Aviation Fuel (SAF) Coalition.
Boeing and Wagner Sustainable Fuels will collaborate on growing the sustainable aviation fuel (SAF) industry to help meet Australia’s airline demand for jet fuel which is expected to increase by 75% over the next 25 years.
Valero Energy Corp. on April 25 announced that its SAF project in Texas is progressing ahead of schedule and expected to be operational this year. The company also reported its ethanol and renewable diesel operations were profitable during Q1.
Nebraska Gov. Jim Pillen on April 24 signed a legislative package that includes a tax credit to support the production of SAF within the state. The tax credit applies to eligible SAF that achieves at least a 50% GHG emissions reduction.
A coalition of 36 biofuel producers, ag groups, airlines and other SAF stakeholders on April 24 sent a letter to Agriculture Committee leaders in the House and Senate urging them to provide support for SAF in the upcoming Farm Bill.
WestJet on April 19 announced that it has purchased the first sustainable aviation fuel (SAF) supplied in Canada by Shell Aviation, marking another milestone in WestJet's mission to achieve net-zero emissions by 2050.
Nearly 1.91 billion RINs were generated under the Renewable Fuel Standard in March, down from 1.92 billion generated during the same month of 2023, according to data released by the U.S. EPA on April 18.
Jet2.com on April 16 announced that it will use a blend of sustainable aviation fuel (SAF) at London Stansted Airport in 2024, meaning the leading leisure airline will use SAF on departing flights from two U.K. airports in 2024.
Sustainable Aviation Buyers Alliance has announced the largest ever collection of deals to purchase high-integrity SAF certificates (SAFc), with SABA members committed to channel close to $200 million into purchasing SAFc over five years.
A joint statement issued by President Joe Biden and Japanese Prime Minster KISHIDA Fumio on April 10 outlines the intentions of the two countries to cooperate on expanding the availability SAF including SAF made from ethanol.
Boeing is buying 9.4 million gallons of blended SAF to support its 2024 U.S. commercial operations, reducing its carbon emissions and working to help grow the supply of the fuel globally. This is the company's largest annual SAF purchase.
Neste and Air New Zealand have signed an agreement for the supply of 2.4 million gallons of neat Neste MY Sustainable Aviation Fuel. The agreement follows an earlier SAF delivery to Air New Zealand in 2022.
Desert Jet has partnered with TITAN Aviation Fuels to establish the supply of sustainable aviation fuel (SAF) at its flagship FBO, Desert Jet Center at KTRM, including using SAF for its charter aircraft fleet.
A biorefinery in Sweden developed as a joint venture between Nordic energy group St1 and Swedish forest products company SCA on April 10 commenced commercial operations to produce SAF, renewable diesel, and biobased naphtha and LPG.
The U.S. Department of Energy will award up $18.8 million to address research and development (R&D) challenges in converting algae, such as seaweeds and other wet waste feedstocks, to biofuels and bioproducts.
Strategic Biofuels has received a strategic investment commitment from Magnolia Sustainable Energy Partners, a newly formed Japanese-based investment consortium created by Sumitomo Corporation of Americas and JX Nippon Oil & Gas Exploration Corp.
New Rise Renewables on April 9 announced work is underway to convert its existing renewable diesel plant located near Reno, Nevada, to sustainable aviation fuel (SAF). SAF production is currently expected to commence this summer.
The University of Missouri’s FAPRI in March released a report featuring 10-year baseline projections for U.S. agricultural markets that predicts renewable diesel and SAF production will grow over the next decade while biodiesel production declines.
World Fuel Services will supply the U.K. Ministry of Defence with 5.15 million liters of aviation fuel. The supplied fuel is blended with approximately 40% sustainable aviation fuel (SAF), sourced from Neste.
Ryanair on March 28 announced that it has purchased 1,000 metric tons of sustainable aviation fuel (SAF) from Shell. That volume of SAF is enough to fuel over 200 flights from Stansted to Madrid.
Phillips 66 on April 1 announced that its Rodeo refinery in San Francisco has commenced commercial production of renewable diesel. The facility is expected to begin producing SAF components during the second quarter of this year.
The RFA is urging federal officials to use a 30-year time frame to account for LUC emissions as they work to complete the upcoming 40BSAF-GREET model, which will be used to calculate emissions reductions for the SAF tax credit.
The U.S. Department of Transportation’s Federal Aviation Administration on April 1 opened a $269 million funding opportunity under its Airport Improvement Program. SAF infrastructure projects are among those eligible for the funding.
Neste has started supplying sustainable aviation fuel (SAF) to Emirates at Amsterdam Airport Schiphol, expanding the partnership the two companies announced in October last year.
TotalEnergies and China Petroleum and Chemical Corp. (SINOPEC) have signed a heads of agreement (HoA) to jointly develop a sustainable aviation fuel (SAF) production unit at a SINOPEC's refinery in China.
Japan-based petroleum company ENEOS Corp. on March 22 announced that a coalition of Japanese and South Korean companies have entered an MOU to cooperate on feedstock for a SAF project ENOES is developing.
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