Reps. Nikki Budzinski, D-Ill., and Zach, Nunn, R-Iowa, on Nov. 15 announced the introduction of a bill that aims to update the USDA’s Biorefinery, Renewable Chemical and Biobased Products Assistance loan guarantee program.
Gevo Inc. released Q3 financial results on Nov. 13, reporting that company has completed a planned capacity expansion of its RNG operations and is in the formal due diligence stage with the U.S. DOE regarding a loan guarantee for its SAF project.
Aemetis expects to secure the authority to construct air permit for its proposed SAF/RD project in early 2024, according statements made during a Q3 earnings call. Company officials also discussed ongoing biogas, ethanol, biodiesel and CCS projects.
Sens. Amy Klobuchar, D-Minn., and Jerry Moran, R-Kan., on Oct. 26 announced the introduction of a bill that aims to update the USDA’s Biorefinery, Renewable Chemical and Biobased Products Assistance loan guarantee program.
Seventy industry leaders covering nearly the entire supply chain for SAF, including major airlines, are calling on the Biden Administration to recognize the GREET model as a “similar methodology” for purposes of the IRA’s SAF tax credit.
Valero Energy Corp. released Q3 financial results on Oct. 26, reporting significantly higher earnings and production volumes for its ethanol segment. Renewable diesel sales volumes were also up and the company’s SAF project remains on schedule.
The call for presentation abstracts for the 17th Annual International Biomass Conference & Expo, produced by Biomass Magazine, is now open. The event will take place March 4-6, 2024, at the Greater Richmond Convention Center in Richmond, Virginia.
Nearly 1.95 billion RINs were generated under the RFS in September, up from 1.73 billion generated during the same month of 2022, according to data released by the U.S. EPA. Total RIN generation for the first nine months of 2023 was at 17.41 billion.
DOE awards $16.7M to advance production of affordable biofuels, biochemicals
By U.S. Department of Energy
November 28, 2023
The U.S. Department of Energy Bioenergy Technologies Office has announced $16.7 million in funding for five projects to advance the production of affordable biofuels and biochemicals that will significantly reduce greenhouse gas (GHG) emissions.
In an aviation industry first, VoltAero has flown the proprietary electric-hybrid powertrain for its Cassio family of aircraft with 100 percent sustainable provided by TotalEnergies. The fuel, Excellium Racing 100, is made from ethanol.
Operable biofuels production capacity in the U.S. expanded slightly in July, according to data released by the U.S. Energy Information Administration on Sept. 29. Feedstock consumption was up when compared to both the previous month and July 2022.
ArcelorMittal announces the first industrial production of ethanol at its Steelanol plant, Europe’s first carbon capture and utilization (CCU) project. This historic milestone was achieved on Nov. 7, 2023, at ArcelorMittal Belgium’s Gent plant.
Aemetis Inc. announced that its Universal Biofuels subsidiary in India, owner and operator of a 60 MMgy biodiesel plant, was selected by India’s three government-controlled oil marketing companies to supply an estimated $150 million of biodiesel.
The prices of ethanol (D6) and biomass-based diesel (D4) RIN credits—the compliance mechanism used for the Renewable Fuel Standard program administered by the U.S. EPA—each fell by more than one third between Sept. 1 and Oct. 16, U.S. EIA data shows.
California's top E85 distributor is experiencing remarkable success with all-renewable E85—a lower-price, ultra-low-CI fuel that’s in high demand in the Golden State.
The U.S. EPA on Aug. 21 released data indicating nearly 2.04 billion RINs were generated under the RFS in August, up from 1.84 billion generated in August 2022. Total RIN generation for the first eight months of the year reached nearly 15.45 billion.
The U.S. EPA has released renewable identification number (RIN) data for April, reporting that nearly 1.59 billion RINs were generated during the month, including more than 20.78 million cellulosic RINs.
A regional interdisciplinary team led by Montana State University has received $6 million to develop new innovations at the intersection of food, energy and water systems while training the next generation of scientists.
The USDA is investing more than $300 million to help hundreds of small businesses adopt renewable energy sources or implement more efficient energy options. The investment includes $327 million in Rural Energy for America Program funding.
Fortum and Taaleri Kiertotalous Ky recently signed an agreement with Chempolis Oy to invest in the company. The deal is part of a restructuring of Chempolis Oy's ownership and financing, in order to strengthen the balance sheet and operations.
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