April 2, 2024
BY Erin Voegele
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Gevo Inc. CEO Patrick Gruber discussed plans for a proposed 30 MMgy alcohol-to-jet (ATJ) project in North Dakota during the company’s first quarter earnings call, held May 13. The company has not disclosed a timeline for development of the project.
Calumet Inc. on May 9 announced sustainable aviation fuel (SAF) capacity at its Montana Renewables biorefinery is expected to reach 120 MMgy to 150 MMgy sooner than previously reported for a fraction of the originally expected cost.
Aemetis Inc. released Q1 results on May 8, reporting increased biogas production, progress with efficiency improvements at the Keyes ethanol plant, and resumed biodiesel deliveries. Financing activities are also underway for a proposed SAF project.
The U.S. Energy Information Administration maintained its 2025 and 2026 forecasts for renewable diesel and “other biofuel” production, which includes SAF, in its latest Short Term Energy Outlook, released May 6.
Reps. Mike Carey, R-Ohio, and Mariannette Miller-Meeks, R-Iowa, on May 1 introduced legislation that aims to retroactively extend the biodiesel blenders tax credit (BTC) and the second-generation biofuel producer tax credit.