June 14, 2023
BY LanzaTech
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U.S. fuel ethanol production fell by nearly 3% the week ending May 9, according to data released by the U.S. Energy Information Administration on May 14. Stocks of fuel ethanol were up 1% and exports were down 12%.
The House Ways and Means Committee on May 14 advanced its portion of President Trump’s “big, beautiful” tax bill. The draft legislation amends and extends the 45Z clean fuel production credit but repeals several other clean energy tax credits..
Gevo Inc. CEO Patrick Gruber discussed plans for a proposed 30 MMgy alcohol-to-jet (ATJ) project in North Dakota during the company’s first quarter earnings call, held May 13. The company has not disclosed a timeline for development of the project.
Aemetis Inc. released Q1 results on May 8, reporting increased biogas production, progress with efficiency improvements at the Keyes ethanol plant, and resumed biodiesel deliveries. Financing activities are also underway for a proposed SAF project.
On May 12, the Iowa Senate voted 27-22 to pass HF 639, effectively banning CCS projects in the state. The IRFA said the vote goes against farmers and ethanol producers seeking to unlock ultra-low carbon ethanol markets around the world.