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World Energy announces SAF agreement with Boston Consulting Group

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By World Energy

13 hours ago

Business

Boston Consulting Group on May 7 announced it has signed an agreement for the purchase of sustainable aviation fuel certificates (SAFc) with World Energy, the sustainable aviation fuel (SAF) producer and low-carbon solutions provider.

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Clean Fuels Alliance America announced an uptick in membership reflecting growing interest in low-carbon liquid fuels in addition to recent changes within its governing board.

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Virgin Atlantic has shared results from Flight100, the first transatlantic flight on 100% SAF, which took place in November. The flight proved that SAF is safe to use with existing infrastructure and delivers CO2 reductions and other benefits.

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Gevo Inc. released Q1 results on May 2, reporting that the company’s RNG project operated at approximately 89% of capacity during the quarter and that efforts continue to secure a DOE loan guarantee for the company’s proposed SAF project.

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Neste and the Singapore Airlines Group have signed an agreement for the purchase of 1,000 tons of neat Neste MY Sustainable Aviation Fuel. This will make the group’s airlines the first carriers to receive SAF produced at Neste’s Singapore refinery.

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Topsoe has signed an agreement with Guangxi Hongkun Biomass to provide its HydroFlex technology to produce SAF at the company’s plant in the Qinzhou Port Area Free Trade Pilot Zone of Guangxi, China.

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The USDA’s Agricultural Research Service, the University of Nebraska–Lincoln, and Nebraska Innovation Campus on May 6 celebrated the groundbreaking of the National Center for Resilient and Regenerative Precision Agriculture.

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US ethanol and SAF industry leaders seek to intervene in legal challenge to EU SAF regulation

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By Renewable Fuels Association, Growth Energy and the U.S. Grains Council

May 03, 2024

Leaders of the U.S. ethanol industry are seeking to intervene in a legal challenge of the ReFuelEU Aviation Regulation, which effectively bans the use of renewable, crop-based biofuels like corn ethanol as a feedstock for SAF.

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Topsoe has signed an agreement with Cepsa to provide its HydroFlex technology for the production of sustainable aviation fuel (SAF) and renewable diesel at a new biorefinery under development by Cepsa in Spain.

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CVR Energy Inc. on April 30 confirmed that the feedstock pretreatment unit at the Wynnewood biorefinery in Oklahoma has begun operations. The company also continues to evaluate the development of two proposed SAF projects.

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Co-processing SAF: Standards, incentives and regulation

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By Maria J. L. Perez and Milica Folić

May 02, 2024

In the journey to decarbonize the aviation industry, the production of sustainable aviation fuel (SAF) has gained significant attention. One method of SAF production, known as co-processing, has emerged as a viable solution in the here and now.

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SkyNRG and AEG Fuels completed the delivery of sustainable aviation biofuels for the Bombardier Business Aircraft demonstration fleet flying from KLM Jet Center in Amsterdam, Netherlands to the EBACE in Geneva, Switzerland.

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U.S. Senate Agriculture, Nutrition and Forestry Committee Chairwoman Debbie Stabenow, D-Mich., and House Agriculture Chairman Glenn “GT” Thompson, R-Pa., on May 1 released outlines for competing versions of the 2024 Farm Bill.

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Total U.S. biofuels operable production capacity fell slightly in February, according to data released by the U.S. Energy Information Administration on April 30. Feedstock consumption was up when compared to both the previous month and February 2023.

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The Treasury Department and IRS on April 30 released new guidance on the SAF tax credit and announced the launch of the 40BSAF-GREET 2024 model, which incorporates a pilot-program to encourage the use of climate-smart ag practices for SAF feedstocks.

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Phillips 66 on April 26 announced its Rodeo biorefinery in San Francisco is expected to be producing 50,000 barrels per day of renewable fuels by the end of Q2. The facility is scheduled to have the capability to produce SAF components by Q3.

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Neste Corp. released first quarter results on April 25, reporting that the company’s operations were negatively impacted by weaker renewable diesel margins during the three-month period. SAF sales volumes are expected to increase throughout 2024.

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SAF stakeholders unite to form the SAF Coalition

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By Sustainable Aviation Fuel Coalition

April 30, 2024

On April 29, 40 companies and organizations that hold a stake in the development and deployment of sustainable aviation fuel united to announce the formation of the Sustainable Aviation Fuel (SAF) Coalition.

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Boeing and Wagner Sustainable Fuels will collaborate on growing the sustainable aviation fuel (SAF) industry to help meet Australia’s airline demand for jet fuel which is expected to increase by 75% over the next 25 years.

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The U.K. government on April 25 confirmed plans to create a sustainable aviation fuel (SAF) mandate that will require 22% of all jet fuel in flights taking off from the U.K. to come from sustainable sources by 2040.

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Valero Energy Corp. on April 25 announced that its SAF project in Texas is progressing ahead of schedule and expected to be operational this year. The company also reported its ethanol and renewable diesel operations were profitable during Q1.

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LanzaJet on April 22 announced an investment from Microsoft’s Climate Innovation Fund. This investment from Microsoft enables LanzaJet to continue building its capability and capacity to deploy its sustainable fuels process technology globally.

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Nebraska Gov. Jim Pillen on April 24 signed a legislative package that includes a tax credit to support the production of SAF within the state. The tax credit applies to eligible SAF that achieves at least a 50% GHG emissions reduction.

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A coalition of 36 biofuel producers, ag groups, airlines and other SAF stakeholders on April 24 sent a letter to Agriculture Committee leaders in the House and Senate urging them to provide support for SAF in the upcoming Farm Bill.

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Honeywell on April 24 announced its hydrocracking technology can be used to produce sustainable aviation fuel (SAF) from biomass, helping to make SAF that is 90% less carbon intensive than traditional fossil-based jet fuels.

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The U.S. Department of Commerce’s International Trade Administration on April 17 announced the renewal of its Renewable Energy and Energy Efficiency Advisory Committee. The agency is also soliciting nominations for committee membership.

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Calumet Specialty Products Partners L.P. on April 16 released a Q1 operational update, reporting that its Montana Renewables biorefinery operated well throughout the three-month period, with production volumes sequentially improved each month.

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EcoEngineers on April 15 announced the expansion of its services in compliance with the Canadian Clean Fuel Regulations. The company has been granted a scope extension by the ANSI National Accreditation Board (ANAB).

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WestJet on April 19 announced that it has purchased the first sustainable aviation fuel (SAF) supplied in Canada by Shell Aviation, marking another milestone in WestJet's mission to achieve net-zero emissions by 2050.

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Nearly 1.91 billion RINs were generated under the Renewable Fuel Standard in March, down from 1.92 billion generated during the same month of 2023, according to data released by the U.S. EPA on April 18.

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