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DOE announces $18.8 million to advance mixed algae development for low-carbon biofuels and bioproducts

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By U.S. Department of Energy

April 11, 2024

FeedstocksAdvanced BiofuelsSustainable Aviation Fuels

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.

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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.

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California Ethanol + Power on April 3 announced that Booker Tate Ltd. will help guide sugarcane cultivation plans for Sugar Valley Energy, a proposed bioenergy project in California that is expected to produce ethanol, biogas, power and SAF.

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In its March Petroleum Supply Monthly, the U.S. Energy Information Administration introduced data on the interregional movement of renewable diesel. With the new data, the EIA now captures most of the renewable diesel movements to the West Coast.

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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.

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U.S. biofuels operable production capacity was unchanged in January, according to data released by the U.S. Energy Information Administration on March 29. Total feedstock consumption was down when compared to the previous month.

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CoBank is predicting U.S. soybean crush capacity will expand 23% over the next three years. In a report released March 21, the company discusses the risk that this rapidly expanding capacity could exceed renewable diesel growth.

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Jet Zero Australia Pty Ltd and Trovio Operating Pty Ltd announced that they have entered a strategic partnership to design and develop the ‘Book and Claim’ Registry for Australian sustainable aviation fuel (SAF) and renewable diesel (RD).

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Ethanol Producer Magazine announced this week the preliminary agenda for the 2024 International Fuel Ethanol Workshop & Expo (FEW) taking place June 10-12, 2024 at the Minneapolis Convention Center in Minneapolis, Minnesota.

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Tidewater Renewables Ltd. on March 14 announced that its 3,000-barrel-per-day renewable diesel facility in Prince George, British Columbia, is currently operating at near nameplate capacity. Work is also progressing on proposed plans to produce SAF.

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Neste has merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better support business-driven ways of working. Plans for the restructuring were announced last year.

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Aemetis Inc. released fourth quarter financial results on March 7, reporting the company achieved important milestones in its biodiesel, RNG, ethanol, SAF and carbon capture business segments last year.

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Marathon Petroleum's Vinvale and East Hynes fleets in California's Los Angeles Basin have made a significant step toward reducing their carbon footprint and contributing to a cleaner future by transitioning both fleets entirely to renewable diesel.

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Aemetis Inc. on March 5 announced receipt of the Authority to Construct air permits for its planned sustainable aviation fuel (SAF) and renewable diesel (RD) production plant in Riverbank, California.

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Montana Renewables was recognized as the Groundbreaker of the Year and Jason Kessler, president at KESCO Inc., was presented with the Excellence in Bioenergy Award at the 17th Annual International Biomass Conference & Expo.

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A recent life cycle assessment highlights a notable 22% decrease in the carbon footprint associated with U.S. production of crude soy oil, which is a key feedstock for U.S. biodiesel, renewable diesel and SAF producers.

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Sugar Valley Energy, a new 160-acre bioenergy campus planned in California’s Imperial Valley has added New York-based TerraNova Capital Equities, Inc. to its finance team to lead marketing and placement of equity capital for the $1 billion project.

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Sens. Sherrod Brown, D-Ohio, and Pete Ricketts, R-Neb., have introduced the Renewable Fuel for Ocean-Going Vessels Act, which aims to ensure that RINs generated for renewable fuel used by ocean-going vessels would be eligible for RFS compliance.

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The U.S. Department of Energy and the U.S. EPA on Feb. 22 released a funding opportunity announcement (FOA), entitled, “Inflation Reduction Act Funding for Advanced Biofuels,” for up to $9.4 million for the development of advanced biofuels.

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Aemetis Inc., an RNG and renewable fuels company focused on negative carbon intensity products, has announced an updated five-year plan that projects the company will generate $1.95 billion in revenues and $645 million of adjusted EBITDA in 2028.

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Braya Renewable Fuels on Feb. 22 announced that its project to convert an oil refinery in Come By Chance, Newfoundland and Labrador, to renewable fuels is now complete and that commercial operations have commenced.

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The U.S. Department of Energy has announced its intent to issue funding to support research and development (R&D) projects for converting algae and other wet waste feedstocks to low-carbon fuels, chemicals and agricultural products.

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A Pennsylvania refinery operated by a subsidiary of Delta Air Lines Inc. is evaluating the possibility of producing sustainable aviation fuel (SAF) and other renewable fuels, according to information contained in the company’s annual report.

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Neste Corp. released 2023 financial results on Feb. 8, reporting that renewable diesel production was up more than 15% when compared to 2022, with sustainable aviation fuel (SAF) production up nearly 59%.

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Clean Fuels Alliance America welcomed nearly 850 attendees from over 20 countries to connect with key players from the biodiesel, renewable diesel and sustainable aviation fuel industries at the Clean Fuels Conference in Fort Worth, Texas.

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The U.S. Department of Energy’s (DOE) Bioenergy Technologies Office (BETO) released a summary report following its Deploying Purpose-Grown Energy Crops for Sustainable Aviation Fuel (SAF) workshop held June 6-7, 2023, in Kansas City, Missouri.

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On Feb. 5, at the Louisiana Mid-Continent Oil and Gas Association’s annual conference, Louisiana Gov. Jeff Landry announced a $100 million bond allocation for the expansion project at Chevron’s Geismar renewable diesel plant.

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Strategic Biofuels and Sumitomo Corporation of Americas, a subsidiary of Sumitomo Corp., have entered into a joint development agreement for the proposed Louisiana Green Fuels project in Louisiana, which has now shifted its focus to SAF production.

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Loamist, a climatetech startup, has announced its pre-seed financing and emergence from stealth mode, marking the public release of its Biomass Explorer product, a tool that addresses the critical challenge of accessing biomass.

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Clean Fuels Alliance America recognized ASTM International, Darling Ingredients Executive Vice President – Chief Strategy Officer John Bullock, and PepsiCo Inc. with Clean Fuels Awards at the Clean Fuels Conference.

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