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Ricketts signs bill establishing renewable chemical tax credit

SOURCE: Nebraska Ethanol Board

August 20, 2020

BY Erin Voegele

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UK to offer additional SAF project funding, responds to public consultation on SAF subsidies

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By Erin Voegele

10 hours ago

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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.

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Summit Carbon Solutions and Infinium, a leading electrofuels (eFuels) producer, have entered an arrangement for the supply of up to 670,000 metric tons of CO2 annually at a proposed eFuels facility in North Dakota or South Dakota.

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According to new statistical reports released by the RFA, the value of the U.S. ethanol industry’s exports rose to a peak of $7.5 billion in 2024, fueled by a record 1.91 billion gallons of ethanol exported in 2024.

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The U.S. exported 194.42 million gallons of ethanol in December, bringing export volumes for the full year 2024 to a record 1.91 billion gallons, according to data released by the USDA Foreign Agricultural Service on Feb. 5.

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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.

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