BIG VISION: Avina believes Illinois is the right place to locate its first SAF plant due to the customer base at Chicago O’Hare and the state’s biofuel workforce and production support. PHOTO: O’HARE INTERNATIONAL AIRPORT
July 17, 2024
BY Luke Geiver
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The U.K. Department for Transport has announced it will invest £63 million over the next year under its Advanced Fuels Fund to support SAF producers. The agency also issued a response to its consultation on a revenue certainty mechanism for SAF.
The U.S. Department of Commerce’s International Trade Administration has announced the Renewable Energy and Energy Advisory Committee will hold a meeting Feb. 12 in Washington, D.C. The event will also be streamed online.
The International Air Transport Association on Jan. 31 released its methodology for accounting and reporting the emissions reduction associated with the use of sustainable aviation fuel (SAF) by airlines.
Archer Daniels Midland Co. released fourth quarter financial results on Feb. 4, reporting increased operating profit for its Vantage Corn Processor subsegment on higher ethanol export volumes and improved margins.
During its first quarter meeting, the ACE board of directors elected its 2025 officers, who also comprise the organization’s executive committee. Dave Sovereign, chairman of Golden Grain Energy’s board, will serve as president.