ISO Publishes Updated Fuel Specification for Marine Applications Including B100 Approval
New spec paves the way for biodiesel use in marine transportation The International Standards Organization (ISO) recently announced the publication of ISO 8217:2024, an updated version of the specification for fuel use in marine applications. The new spec sets forth detailed requirements for marine fuels, including biodiesel blends up to B100, ensuring their suitability and safety for use […]
Internal Revenue Service Provides 45Z Registration Guidance
The Internal Revenue Service (IRS) released guidance on Friday, May 31, 2024, explaining how to register for the 45Z Clean Fuel Production Credit, including a list of feedstocks that could qualify for the $1-per-gallon credit. The 45Z credit takes effect on Jan. 1, 2025, and the IRS said that the highly anticipated guidance is yet […]
Mastering Fundamentals: First Step for Promising New Sustainable Vehicle Fuels
Two NREL Reports Detail Findings on Fundamental Fatty Acid Methyl Esters (FAME) Fuels Research in Partnership With ExxonMobil and Genomatica While the demand for climate-warming fuels like petroleum and diesel is expected to peak before 2030, the global energy demand for alternative fuels to power vehicles to transport people, goods, and services will grow rapidly […]
Renewable Identification Number (RIN) Prices: Going Over the Cliff
An interesting new article from Reuters on the current travails of the US renewable diesel industry was published this week. The article is not only informative, but it is also helpful in settling a debate that has been rattling around the biofuel and investment sectors for the last year. In particular, the article summarizes the earnings hit […]
Volvo Expands Range Trucks Powered by 100% Biodiesel
A full range of new Volvo truck models can now be powered by 100% biodiesel (B100), offering another renewable fuel choice for customers looking to reduce CO2 emissions from transport here and now. Volvo Trucks is expanding its model offers adapted for biodiesel B100. This is yet another move in line with the company’s strategy […]
Michigan House Considering Biodiesel Production and Retail Sale Tax Credits
Biodiesel supporters are asking Michigan lawmakers to pass a tax incentive to accelerate production and availability of the fuel. Michigan Soybean Association’s Ben Steyer says while two plants in the state produce more than 16 million gallons of biodiesel annually, it is not easily accessible. “A recent survey of 250 retail fuel stations across Michigan […]