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DOE: 3 ways algae can impact the US clean energy economy

Algae, including macroalgae and microalgae, are versatile organisms that produce biomass that could help the nation meet its clean energy goals. Photos courtesy of Jordan Hollarsmith, NOAA; Dennis Schroeder, NREL; and MicroBio Engineering.

May 31, 2024

BY U.S. Department of Energy

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Montana Renewables receives $1.44 billion conditional commitment from DOE for renewable fuels and biomass energy facility

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By Calumet Inc.

October 16, 2024

BusinessPolicy

Calumet Inc. announced on Oct. 16 that the U.S. Department of Energy Loan Programs Office has awarded a conditional commitment for a loan guarantee of up to $1.44 billion to fund SAF capacity expansion at Montana Renewables LLC.

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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.

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American Farm Bureau President Zippy Duvall on Oct. 15 urged the administration to prioritize American-grown crops in the production of sustainable fuels during a meeting at the White House organized by the AFBF.

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The USDA on Oct. 15 held a third virtual listening session as part of its public consultation on climate-smart ag for biofuel feedstocks. During the event, biofuel groups advocated for flexibility in CSA requirements for the 45Z credit.

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The IEA 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 SAF, biogas, and other forms of bioenergy through 2030.

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