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Novozymes reports 27% increase in bioenergy sales for Q1

April 27, 2022

BY Erin Voegele

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EIA: Ethanol production down 1%, stocks up 2%, exports down 55%

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By Erin Voegele

13 hours ago

OperationsBusiness

U.S. fuel ethanol production was down less than 1% the week ending Feb. 23, according to data released by the U.S. EIA on Feb.28. Ethanol stocks were up 2%, reaching the highest level since March 2023, and exports were down 55%.

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Southwest Airlines Co. has launched Southwest Airlines Renewable Ventures, a wholly-owned subsidiary dedicated to creating more opportunities to obtain scalable SAF. The carrier also announced a $30 million investment in LanzaJet Inc.

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EIA: D4, D6 RIN prices decline 45% from start of year

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By U.S. Energy Information Administration

14 hours ago

The price of compliance credits for biomass-based diesel and ethanol has decreased about 45% since the start of the year, when prices were already the lowest in about three years, according to the U.S. Energy Information Administration.

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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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The U.S. Grains Council’s Latin America office recently collaborated with several other groups to organize the “Sustainable Mobility: Opportunities of Ethanol in Guatemala” conference in Guatemala City.

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