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USDA: US wood pellet exports top 938,662 metric tons in March

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By Erin Voegele

10 hours ago

PelletsMarkets

The U.S. exported 938,662.3 metric tons of wood pellets in March, up from 696,692.9 metric tons in February and 909,787.1 metric tons in March of last year, according to data released by the USDA Foreign Agricultural Service on May 2.

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CVR Energy Inc. on April 30 confirmed that the feedstock pretreatment unit at the Wynnewood biorefinery in Oklahoma has begun operations. The company also continues to evaluate the development of two proposed SAF projects.

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In the journey to decarbonize the aviation industry, the production of sustainable aviation fuel (SAF) has gained significant attention. One method of SAF production, known as co-processing, has emerged as a viable solution in the here and now.

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SkyNRG and AEG Fuels completed the delivery of sustainable aviation biofuels for the Bombardier Business Aircraft demonstration fleet flying from KLM Jet Center in Amsterdam, Netherlands to the EBACE in Geneva, Switzerland.

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U.S. Senate Agriculture, Nutrition and Forestry Committee Chairwoman Debbie Stabenow, D-Mich., and House Agriculture Chairman Glenn “GT” Thomspon, R-Pa., on May 1 released outlines for competing versions of the 2024 Farm Bill.

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Total U.S. biofuels operable production capacity fell slightly in February, according to data released by the U.S. Energy Information Administration on April 30. Feedstock consumption was up when compared to both the previous month and February 2023.

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LoCI Controls Inc. on April 30 announced the company has been granted the first-ever U.S. patent that covers the use of emissions measurement to optimize landfill gas collection systems.

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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.

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Marathon Petroleum Co. on April 30 confirmed the Martinez Renewable Fuels biorefinery in California is currently operating at 50% capacity, but said the facility is expected to ramp up to 100% capacity by the end of the year.

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bp’s Archaea Energy on April 30 announced the official startup of its largest original Archaea Modular Design (AMD) renewable natural gas (RNG) plant to date in Shawnee, Kansas, just outside of Kansas City.

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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.

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Imperial Oil Ltd. on April 26 released first quarter financial results, confirming that construction on its renewable diesel project under development at its Strathcona refinery near Edmonton, Alberta, is progressing as scheduled.

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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.

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U.S. manufacturers produced approximately 830,000 tons of densified biomass fuels in January, according to the April edition of the U.S. EIA’s Monthly Densified Biomass Fuels Report. Sales of densified biomass fuel reached 650,000 tons.

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On April 29, nine trade associations representing feedstock providers, advanced biofuel producers, and low-carbon fuel customers wrote to the U.S. EPA, urging the agency to propose and finalize robust 2026 RFS volumes by the statutory deadline.

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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.

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The U.S. Department of Energy is offering up to $17.5 million in federal funding to develop cost-effective strategies for communities to sustainably manage and recover potential clean energy sources from their waste streams.

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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.

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The U.S. Department of Energy 2023 Billion-Ton Report: An Assessment of U.S. Renewable Carbon Resources identifies sustainable forestry as a key pillar in the effort to increase the nation’s biomass production.

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Aemetis Inc. has announced it is implementing the Microsoft Dynamics enterprise resource planning (ERP) system worldwide for all Aemetis operations in the U.S. and India to support current operations and expansion projects.

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The U.K. government on April 25 confirmed plans to create a sustainable aviation fuel (SAF) mandate that will require 22% of all jet fuel in flights taking off from the U.K. to come from sustainable sources by 2040.

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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.

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Drax issues Q1 trading update

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By Erin Voegele

April 25, 2024

Drax Group plc on April 25 released a first quarter 2024 trading update, reporting that the company’s wood pellet production business has started the year well despite challenges. Drax Power Station also performed well during the quarter.

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The American Transportation Research Institute on April 23 released a new report that analyzes the benefits of employing renewable diesel (RD) as an alternative to battery electric vehicle (BEV) trucks.

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LanzaJet on April 22 announced an investment from Microsoft’s Climate Innovation Fund. This investment from Microsoft enables LanzaJet to continue building its capability and capacity to deploy its sustainable fuels process technology globally.

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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.

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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.

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The Transport Project and Coalition for Renewable Natural Gas (RNG Coalition) on April 24 announced that 79%of all on-road fuel used in natural gas vehicles in calendar year 2023 was RNG surpassing the previous year’s record-breaking level.

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Honeywell on April 24 announced its hydrocracking technology can be used to produce sustainable aviation fuel (SAF) from biomass, helping to make SAF that is 90% less carbon intensive than traditional fossil-based jet fuels.

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Vertimass on April 23 announced that the U.S. EPA has approved registration for blending up to 20% of Vertimass green gasoline with conventional gasoline. This new renewable gasoline product, VertiGas20, is made from renewable ethanol.

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