November 28, 2023
BY Emerson
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Gevo Inc. and Future Energy Global have signed a pioneering offtake agreement for carbon abatement attributes, to enable airlines and other companies to reduce their CO2 emissions through sustainable aviation fuel (SAF).
CoBank latest quarterly research report highlights current challenges facing the biobased diesel industry. The report cites policy uncertainty and trade disruptions due to tariff disputes as factors impacting biofuel producers.
Virgin Australia and Qatar Airways have agreed to work together with Renewable Developments Australia to become key partners on a project that will set out to deliver a homegrown SAF production facility in Australia.
The U.S. Energy Information Administration reduced its 2025 forecasts for renewable diesel and biodiesel in its latest Short-Term Energy Outlook, released April 10. The outlook for “other biofuel” production, which includes SAF, was raised.
Neste has started producing SAF at its renewable products refinery in Rotterdam. The refinery has been modified to enable Neste to produce up to 500,000 tons of SAF per year. Neste’s global SAF production capacity is now 1.5 million tons.