Renewable Diesel Feedstock Trends over 2011-2022
The growth in renewable diesel production capacity in the U.S. was dramatic in recent years, with capacity in the last two years expanding by 1.8 billion gallons, or 225 percent (farmdoc daily, March 8, 2023). One of the most discussed and debated aspects of the renewable diesel boom is its impact on feedstock markets, such as […]
IRS Updates Guidance on SAF Tax Incentive
On Friday, December 15, 2023, the U.S. Treasury released updated guidance on the new §40B Sustainable Aviation Fuel Blender Credit. Producers must register with U.S. Treasury and provide third-party certification that their fuel meets the minimum 50% greenhouse gas reduction. The new guidance contains an updated Model Certificate, which supersedes the draft certificate published last December. An interagency working group comprised […]
Department of Energy Issues Notice of Intent for Funding to Advance Low-Carbon Feedstocks for Clean Energy Technologies
The U.S. Department of Energy (DOE) Bioenergy Technologies Office announced a notice of intent (NOI) to issue a funding opportunity announcement (FOA) that will drive the research and development (R&D) of low-carbon, purpose-grown energy crops leading to the deployment of clean energy technologies. The planned Regional Resource Hubs for Purpose-Grown Energy Crops funding opportunity would support the development of […]
EIA Again Boosts Forecasts for Ethanol, Biodiesel, Renewable Diesel Demand
The Energy Information Administration in its November Short-Term Energy Outlook on Tuesday for the second month in a row boosted its forecasts for biodiesel, ethanol and renewable diesel demand. The agency said it expects domestic biodiesel demand in 2023 will average 120,000 b/d, up 4,000 b/d from projections in the November STEO. EIA set its […]
Optimus Ships 500th Vector System to Decarbonize Heavy-Duty Diesel Engines
Optimus Technologies, a company dedicated to decarbonizing heavy-duty diesel engines in the most challenging sectors of the transportation industry, announced today that they shipped their 500th Vector System. The Optimus Vector System is a bolt-on, advanced fuel system upgrade that seamlessly integrates into new and existing engines and delivers CO2 reductions of over 90%. Optimus […]
CSL Leads Maritime Industry in Biofuel Adoption, Achieving Milestones in Decarbonization Efforts
CSL proudly announces a significant milestone in its Great Lakes biofuel program – one of the longest-running initiatives of its kind in the maritime industry. With a cumulative 75,000 running hours on B100 biofuel over the past four years, CSL ships have made significant strides in supporting decarbonization efforts by replacing 55,000 metric tons of […]