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Aemetis Biogas receives $11 million from sale of IRA investment tax credits

January 13, 2025

BY Aemetis Inc.

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EIA: Biofuel capacity unchanged in November, feedstock consumption up

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By Erin Voegele

a day ago

FeedstocksOperationsBusiness

U.S. operatable biofuel production capacity was unchanged in November 2024, according to data released by the U.S. EIA on Jan. 31. Feedstock consumption was up from both the previous month and November 2023.

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Summit Carbon Solutions has filed a legal action to ensure a fair and transparent process for the South Dakota PUC review of its pipeline permit. The company has asked the court to prevent one of the commissioners from participating in the decision.

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Valero Energy Corp. on Jan. 30 released Q4 financial results, reporting that both its ethanol and renewable diesel segments were profitable during the period. The company also announced that its SAF project in Texas is fully operational.

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Texas Gov. Greg Abbot on Jan. 29 announced Summit Next Gen LLC’s proposed ethanol-to-SAF project under development near Houston qualifies under the state’s new Texas Jobs, Energy, Technology and Innovation (JETI) program.

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Legislation introduced in the Kansas legislature on Jan. 15 aims to create a 5-cent-per-gallon tax credit to support the sale of higher ethanol blends, such as E15. Lawmakers are also being asked to consider a similar incentive for biobased diesel.

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