January 24, 2024
BY BBI International
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Despite the challenges it currently faces, the bio-based diesel industry is building on its successes and is ready to battle.
The U.S. EPA on March 7 announced it will extend the compliance year 2024 Renewable Fuel Standard reporting deadline and signaled its intent to revise the 2024 RFS renewable volume obligation (RVO) for cellulosic biofuel.
Whether 45Z can be the motivating factor to help incentivize that growth for the SAF industry still remains to be seen and is clouded by uncertainty—just like its rollout.
Honeywell on Feb. 26 announced that Taiyo Oil Co. Ltd. has chosen the Honeywell UOP Ethanol to Jet (ETJ) technology to produce sustainable aviation fuel (SAF) at its Okinawa Operations in Japan. The facility is expected to begin operations in 2029.
A group of 70-plus stakeholders in the e-SAF industry are encouraging EU officials to implement five policy changes to encourage e-SAF development. The suggested changes aim to overcome investor barriers and accelerate progress.