Alcohol-to-jet hopefuls are buying up both healthy and shuttered ethanol plants, drawing up their business blueprints while state and federal funding mechanisms expand to allow for the SAF sector's rise.
The U.K.’s sustainable aviation fuel (SAF) mandate was signed into law on Nov. 18 and is set to come into force on Jan. 1, 2025. The government has also launched a new Jet Zero Taskforce to revamp efforts to make greener air travel a reality.
On Nov. 20, Senator Jerry Moran, R-Kan., visited a meeting of the Sustainable Aviation Fuel (SAF) Coalition, where he discussed the need for greater legislative efforts to support the production and deployment of SAF in the 119th Congress.
The DOE, USDA and FAA on Nov. 20 released a new implementation framework that identifies key opportunities to increase biofuel production to deliver economic opportunities and healthier communities to rural and agricultural areas across America.
Sen. Debbie Stabenow, D-Mich., chairwoman on the Senate Agriculture, Nutrition and Forestry Committee, on Nov. 18 introduced the Rural Prosperity and Food Act, which is the Senate’s version of the upcoming Farm Bill.
Rep. Randy Feenstra, R-Iowa, and five of his colleagues on the U.S. House Ways and Means Committee on Nov. 18 announced they are seeking additional information from relevant stakeholders on biofuel tax policy. Reponses must be submitted by Dec. 13.
The U.S. Department of Energy on Nov. 13 announced the release of its latest Pathways to Commercial Liftoff report, which underscores the near-term potential for sustainable aviation fuel (SAF) to meaningfully decarbonize the aviation sector.
While the actions U.S. ethanol producers are taking to decarbonize, from backing low-carbon farming to investing in CCUS, are almost entirely driven by domestic policy incentives, their benefits will be global.
Gevo Inc. released Q3 financial results on Nov. 7, discussing the impact of the conditional commitment for its DOE loan guarantee and confirming the company’s acquisition of Red Trail Energy remains on track to close in early 2025.
Among the current primary focus areas for the U.S. Grains Council are sustainable aviation fuel, building and expanding global markets and encouraging parallels between U.S. carbon programs and others around the world.
Aemetis Inc. on Nov. 5 announced strong support for the updated Low Carbon Fuel Standard proposal and strongly urges its adoption by the California Air Resources Board at its meeting on Nov. 8.
USGC staff traveled to Tokyo, Japan in October to participate in the 2024 Sustainable Aviation Fuel (SAF) and Bioethanol Summit, where industry leaders, educators and policymakers gathered to discuss the future of biofuel use.
The California Air Resources board has announced an historic agreement with the nation’s leading passenger and cargo airlines to dramatically accelerate the use of sustainable aviation fuel (SAF) for flights within the state.
The call for presentation abstracts for the 18th Annual International Biomass Conference & Expo, produced by Biomass Magazine, is now open. The event will take place March 18-20, 2025, at the Cobb Galleria Centre in Atlanta, Georgia.
SAF offers a significant opportunity for growth in the biofuel sector and a new revenue stream for farmers, but realizing that potential will depend on the establishment of favorable policies and adequate incentives, according to CoBank.
The USGC recently released a set of infographics designed to share the environmental and financial benefits of ethanol, the carbon reduction assessment models for SAF and a map displaying ethanol blending policies around the world.
Valero Energy Corp. released Q3 financial results on Oct. 24, reporting increased production for both its ethanol and renewable diesel segments. Valero’s SAF project is expected to be fully operational before the end of the year.
Rep. Brad Schneider, D-Ill., on Oct. 22 introduced the Expanding Clean Fuel Production Act. The bill aims to extend the 45z clean fuel production credit for 10 additional years, through 2037. The credit is currently in place through 2027.
E2 on Oct. 15 released a new analysis on the Inflation Reduction Act’s impact along with a survey of more than 900 businesses that indicates repealing or rolling back the IRA’s provisions would result in losses, layoffs and closures.
The U.S. Treasury Department and IRS on Oct. 18 issued additional guidance for the 40B SAF tax credit. The new guidance, Notice 2024-74, addresses the use of an updated 40BSAF-GREET 2024 model released by the U.S. Department of Energy in October.
Gevo Inc. on Oct. 16 announced it has received a conditional commitment for a loan guarantee with disbursements totaling $1.46 billion from the U.S. Department of Energy Loan Programs Office for its Net-Zero 1 project (NZ1) in South Dakota.
Growth Energy on Oct. 15 sent a letter to the Internal Revenue Service urging the agency to follow the best available science when crafting its long-awaited guidance on the 45Z Clean Fuel Production Credit.
The aviation sector is seeking solutions like SAF to decrease GHG emissions. The USGC is responding by ramping up efforts and engagement within the global aviation community to advocate for U.S. industry access.
With waste-to-fuel SAF becoming an increasingly viable technology, researchers at PNNL are exploring ways to optimize infrastructure and siting decisions for producing, transporting, storing, and using those fuels in the U.S.
Comstock Inc. has announced the execution of an exclusive license agreement and cooperative research and development agreement with NREL involving technologies developed by NREL and MIT for conversion of lignocellulosic biomass into SAF.
U.S. Sens. Jerry Moran, R-Kan.; Tammy Duckworth, D-Ill.; John Boozman, R-Ark.; and Amy Klobuchar, D-Minn.; recently launched the Senate Sustainable Aviation Caucus to promote the longevity of the aviation industry and the renewable fuels industry.
The International Air Transport Association has announced it will create the Sustainable Aviation Fuel (SAF) Matchmaker to link airlines and SAF suppliers. The initiative is expected to launch during the first quarter of 2025.
Sen. Roger Marshall, R-Kan., and Rep. Tracey Mann, R-Kan., on Sept. 24 introduced Farmer First Fuel Incentives Act, a bill that aims to extend the 45Z credit through 2034 and restrict the credit to fuels made from domestically produced feedstock.
Less than two weeks after Fulcrum BioEnergy Inc. and affiliated companies filed for Chapter 11 bankruptcy protection, the assets of Fulcrum Sierra Biofuels LLC and Fulcrum Bioenergy Inc. are being offered for sale at auction.
Fiji Airways is collaborating with The Fiji Sugar Corp. Ltd. (FSC) and Lee Enterprises Consulting to evaluate the feasibility of sustainable aviation fuel (SAF) production in Fiji. The collaboration is funded by The Asian Development Bank.
Advertisement