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36 groups urge Congress to extend biofuel, bioenergy tax credits

November 15, 2024

BY Erin Voegele

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DOE issues notice of intent to fund research and development to advance biofuels and bioproducts

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By U.S. Department of Energy

December 20, 2024

PolicyBusiness

The U.S. DOE has announced its intent to issue funding to support high-impact research and development (R&D) projects in two priority areas: sustainable propane and renewable chemicals and algal system cultivation and preprocessing.

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The U.S. EPA on Dec. 19 released data showing that 2.03 billion RINs were generated under the RFS in November, up from 2.01 billion generated during the same month of 2023. Nearly 22.9 billion RINs were generated during the first 11 months of 2024.

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The USDA Rural Business Cooperative Service on Dec. 13 announced it is extending the deadline to apply for the agency’s Section 9003 loan guarantee program. Applications must now be submitted before Dec. 31.

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The U.S. DOE has announced $52 million in funding for six university and industry projects to advance the production of low carbon intensity, purpose-grown energy crops critical to accelerating a clean energy bioeconomy.

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CoBank predicts that U.S. production of renewable diesel and associated fuels will experience a modest boost in 2025 but cautions that policy uncertainty looms over administration of the RFS program, SREs and the impact of potential tariffs.

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