May 1st, 2024
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.
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.
UK to implement SAF mandate beginning in 2025
By Erin Voegele
a few seconds ago
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.
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.
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.
TotalEnergies and Vanguard Renewables have signed an agreement to create an equally owned joint venture (JV) to develop, build, and operate RNG projects in the U.S. The JV plans to advance 10 RNG projects to construction over the next 12 months.
Advertisement
Advertisement
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.
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.
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.
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.
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.
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.
Carbon Capture & Storage Summit
June 10-12, 2024
MINNEAPOLIS CONVENTION CENTER | MINNEAPOLIS,MINNESOTA
Capturing and storing carbon dioxide in underground wells has the potential to become the most consequential technological deployment in the history of the broader biofuels industry. Deploying effective carbon capture and storage at biofuels plants will cement ethanol and biodiesel as the lowest carbon liquid fuels commercially available in the marketplace. The Carbon Capture & Storage Summit will offer attendees a comprehensive look at the economics of carbon capture and storage, the infrastructure required to make it possible and the financial and marketplace impacts to participating producers.View More
Biodiesel Summit: Sustainable Aviation Fuel & Renewable Diesel
June 10-12, 2024
MINNEAPOLIS CONVENTION CENTER | MINNEAPOLIS,MINNESOTA
The Biodiesel Summit: Sustainable Aviation Fuel & Renewable Diesel is a forum designed for biodiesel and renewable diesel producers to learn about cutting-edge process technologies, new techniques and equipment to optimize existing production, and efficiencies to save money while increasing throughput and fuel quality. View More
2024 International Fuel Ethanol Workshop & Expo
June 10-12, 2024
MINNEAPOLIS CONVENTION CENTER | MINNEAPOLIS,MINNESOTA
Now in its 40th year, the FEW provides the ethanol industry with cutting-edge content and unparalleled networking opportunities in a dynamic business-to-business environment. As the largest, longest running ethanol conference in the world, the FEW is renowned for its superb programming—powered by Ethanol Producer Magazine —that maintains a strong focus on commercial-scale ethanol production, new technology, and near-term research and development. The event draws more than 2,000 people from over 31 countries and from nearly every ethanol plant in the United States and Canada.View More
Employer Job Package
Post unlimited 30-day online listings with the Biomass Job Package!
Unlimited Job Posts for 1 year!
