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Biofuel groups advocate for ways to improve 45Z credit

December 16, 2024

BY Erin Krueger

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Phillips 66: Rodeo facility operates at reduced capacity in Q2

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By Erin Krueger

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Phillips 66 on July 25 released Q2 financial results, reporting the company’s Rodeo Renewable Energy Complex in California continues to run at reduced rates due to market conditions. Pre-tax income for the renewables segment was up when compared to Q1.

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ATOBA Energy and Air Moana are partnering to implement scalable solutions for the supply of SAF. The collaboration aims to ensure long-term SAF availability while supporting local initiatives to develop sustainable fuel production in Tahiti.

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While final IRS guidance is still pending, the foundation of the 45Z program is well defined. Clean fuel producers should no longer be waiting; they can now move forward with critical planning and preparation, according to EcoEngineers.

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The USGC recently sponsored South Korea SAF experts to tour the U.S. alcohol-to-jet Fuel (ATJ) technology supply chain. Participants met with stakeholders ranging from low-CI corn farmers to ATJ SAF production technology companies and airlines.

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