November 13th, 2024

Montana Renewables to add 150 MMgy of SAF capacity by 2026

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By Erin Voegele

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Sustainable Aviation FuelsOperationsBusiness

Calumet Inc. on Nov. 8 released third quarter financial results and outlined plans for the development of Montana Renewables’ MaxSAF initiative, which will be supported by a U.S. Department of Energy loan guarantee.

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Neste and Air Canada have signed an agreement for the supply of 60,000 metric of neat Neste MY Sustainable Aviation Fuel. Neste will deliver the SAF, blended with conventional jet fuel, to the Vancouver marine terminal starting in December 2024.

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DG Fuels on Oct. 30 announced plans to construct a 193 MMgy sustainable aviation fuel (SAF) facility in Moorhead, Minnesota. The proposed project supports the development of the Minnesota SAF Hub, an initiative spearheaded by the Greater MSP Partnership.

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The California Air Resources board has announced an historic agreement with the nation’s leading passenger and cargo airlines to dramatically accelerate the use of sustainable aviation fuel (SAF) for flights within the state.

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Gevo Inc. released Q3 financial results on Nov. 7, discussing the impact of the conditional commitment for its DOE loan guarantee and confirming the company’s acquisition of Red Trail Energy remains on track to close in early 2025.

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CARB on Nov. 8 approved updates to its LCFS that aim to reduce the CI of the state’s transportation fuel by 30% by 2030. The updates also alter how a variety of biofuels, including biobased diesel and RNG, participate in the program.

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President-elect Donald Trump on Nov. 11 announced he will nominate Lee Zeldin to serve as administrator of the U.S. EPA. Zeldin previously served as a member of Congress, where he cosponsored legislation to repeal and revise the RFS.

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U.S. operable biofuels capacity was at 24.9 billion gallons per year in August, down slightly from the previous month, according to data released by the U.S EIA. Feedstock consumption was up when compared to the previous year.

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Wizz Air has announced it will trial operations using SAF in collaboration with Airbus. The trial will involve flights across two major routes with SAF supplied by Cepsa and distributed by World Fuel Services.

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Hill Aircraft has furthered its commitment in providing alternative jet fuel through an expanded support agreement with World Fuel Services that will make it the first FBO in Georgia to offer dedicated SAF for business aviation customers.

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BioVeritas LLC has announced the launch of The BioVeritas Process for SAF. This breakthrough technology converts biomass via fermentation into volatile fatty acids (VFAs), a key precursor for a range of high-value products, most notably SAF.

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The USDA on Oct. 29 announced it is allocating $200 million to the newly created Biobased Product Market and Access Grant Program, which will support innovative biobased technologies and bridge the gap between pilot-scale demonstrations and commercial viability.

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