Biofuels made from soybean oil add roughly $1.30 in value to a bushel of soybeans, experts say. Brad Wilson said if the U.S. Department of the Treasury doesn’t issue regulations on the 45Z Clean Fuel Production Credit soon, the 45-million-gallon-a-year biodiesel plant he manages in northwest Iowa may have to idle. “You’re going to be […]
Biofuel Producers Shutting Down Without 45Z Guidance Read More »
Sustainable aviation fuel (SAF) could emerge as the next opportunity for substantial growth in U.S. biofuels production with proper market and regulatory incentives. Agricultural feedstocks are poised to play a leading role in the supply chain for domestic SAF production. However, any meaningful growth opportunities will be largely dependent on favorable policies and adequate incentives
The U.S. Energy Information Administration maintained its forecasts for 2024 and 2025 biodiesel production in its latest Short-Term Energy Outlook, released Oct. 8. The forecast for 2025 renewable diesel production was revised down. The EIA currently expects biodiesel production to average 110,000 barrels per day in 2024 and 100,000 barrels per day in 2025, unchanged
A new US tax credit for low-carbon fuels will likely begin next year without final guidance on how to qualify, leaving refiners, feedstock suppliers, and fuel buyers in a holding pattern. The US Treasury Department this month pledged to finalize guidance around some Inflation Reduction Act tax credits before President Joe Biden leaves office but conspicuously
Delay In Tax Credit Guidance Risks Growth Of Low-Carbon Liquid Fuels Read More »
Made from renewable materials like biomass and agricultural waste, sustainable aviation fuel (SAF) has enormous potential to decarbonize the aviation industry, but widespread adoption has yet to take off. SAF makes up less than 1 percent of the fuel used in the aviation industry, while aviation fuel contributes about 3 percent of global greenhouse-gas (GHG)
Argonne National Lab Converts Brewery, Dairy Farm Wastewater Into SAF Read More »
Doubling in attendance from its debut in 2023, the North American SAF Conference & Expo drew over 500 industry stakeholders to discuss progress and double down on initiatives to reach the near- and long-term goals of the U.S. SAF Grand Challenge. Opening the event, held in Saint Paul, Minnesota, on Sept. 11-13, was Steve Csonka,
Sustainable Aviation Fuel Advancing According to Plan Read More »
The Clean Fuels Foundation is now accepting applications for the Beth Calabotta Sustainability Education Grant, a $2,000 award that aims to support student scientists dedicated to sustainable research. To qualify for the grant, students must complete an online application and include a letter of recommendation. If selected, the recipient must commit to participating in Clean
The International Energy Agency on Oct. 9 published its annual Renewables market report, which for the first time includes a chapter focused on renewable fuels that outlines expected growth in liquid biofuels, including sustainable aviation fuel (SAF), biogas, and other forms of bioenergy through 2030. According to the IEA, the share of renewable fuels in
On October 7, the United States Department of Agriculture (USDA) released the 28th Crop Progress report of the 2024 growing season. The USDA said as of Oct. 6, 90% of the soybean crop in the top 18 growing states was dropping leaves. This was up from 81% the week prior and ahead of the five-year
Soybean Harvest, A Key Advanced Biofuel Feedstock, Nearly Halfway Complete Read More »
A multi-country, government-led initiative dedicated to advancing the global transition to a sustainable, bio-based economy, unveiled a new Global Biomass Resource Assessment, providing groundbreaking data on current and future sustainable biomass supplies around the world. The launch of the International Feedstocks data portal was announced today by the Clean Energy Ministerial (CEM) Biofuture Platform Initiative at an event, co-hosted with the
DOE: International Clean Energy Initiative Launches Global Biomass Resource Assessment Read More »