The newly converted Braya Renewable Fuels refinery in Come By Chance, NL, overlooking Placentia Bay. / SOURCE: CNW Group/Braya Renewable Fuels
June 19, 2024
BY Erin Voegele
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Tidewater Renewables on Aug. 14 announced its renewable diesel facility British Columbia operated at 72% capacity during Q2. The company continues to advance plans to add SAF capacity to facility, with a final investment decision targeted for 2026.
The U.S. EIA increased its forecast for 2026 renewable diesel production in its latest Short-Term Energy Outlook, released Aug. 12. The 2026 forecast for SAF production was lowered, but the outlook for biodiesel production was maintained.
Gevo Inc. on Aug. 11 released second quarter results, reporting positive net income and positive adjusted EBTIDA for the period. The company also confirmed it is prioritizing development of a 30 MMgy ethanol-to-jet project in North Dakota.
Calumet Inc. on Aug. 8 confirmed its Montana Renewables biorefinery is currently running at full capacity. An initial phase of the company’s MaxSAF initiative remains on track to boost SAF capacity to up to 150 MMgy by mid-2026.
As of July 2025, California’s SCFS requires renewable fuel producers using specified source feedstocks to secure attestation letters reaching back to the point of origin. This marks a significant shift in compliance expectations.