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MOL Group successfully tests the production of HVO and SAF

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By MOL Group

6 hours ago

Advanced Biofuels Operations 

MOL Group has produced a diesel fuel containing hydrotreated vegetable oil (HVO), and sustainable aviation fuel (SAF) at the refinery of Slovnaft in Bratislava. The quality of the products has been verified by radioisotope analysis.

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The U.S. EIA maintained its forecasts for 2025 and 2026 renewable diesel production in its latest Short-Term Energy Outlook, released Feb. 11. The production outlook for other biofuels, including SAF, was also maintained.

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Neste Corp. on Feb. 13 released fourth quarter financial results, reporting that its renewables segment was impacted by both market and operational challenges during the three-month period. Sustainable aviation fuel (SAF) sales, however, were up.

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Phillips 66 on Jan. 31 released fourth quarter financial results, reporting improved earnings for its renewable fuels segment on higher margins for its Rodeo complex in California and stronger international results.

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Clean Fuels Alliance America hosted its annual Clean Fuels Conference in late January. During the event, experts shared the state of the biobased diesel industry today and the outlook for the near-and long-term.

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The U.S. EIA maintained its forecasts for 2025 renewable diesel and biodiesel production in its latest Short-Term Energy Outlook, released Jan. 14. The 2025 outlook for “other biofuel” production, including SAF, was also unchanged.

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The Canadian government on Jan. 7 awarded more than $11 million to seven clean fuel and alternative fuel projects, including those focused on the production of renewable diesel, sustainable aviation fuel (SAF) and other types of bioenergy.

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On Jan, 7, the Oregon Department of Environmental Quality approved NXTClean Fuel’s 401 water permit, confirming that NXTClean’s renewable fuels facility can safely operate within Oregon’s strict environmental protection regulations.

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NATSO, SIGMA, the American Trucking Associations, National Association of Convenience Stores, SABR the National Energy & Fuels Institute are applauding the introduction of the Biodiesel Tax Credit Extension Act of 2024.

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The U.S. Department of Energy has partnered with various other federal agencies and industry stakeholders to produce three transportation modal action plans to build a cleaner, more resilient, and more globally competitive transportation system.

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Biomass Magazine has released the agenda for the 18th Annual International Biomass Conference & Expo. The event will be held March 18-20 in Atlanta, Georgia, and features tracks focused on pellets, biomass power and thermal, biogas and RNG, and SAF.

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The White House OMB on Dec. 13 published the Fall 2024 Unified Agenda and Regulatory Plan, which outlines regulatory actions under development by federal agencies related to the RFS, biofuel infrastructure and CO2 pipeline safety.

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The U.S. Energy Information Administration increased its forecast for 2025 renewable diesel consumption its latest Short-Term Energy Outlook, released Dec. 10. The 2024 and 2025 forecasts for renewable diesel and SAF production were maintained.

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The ABFA is urging the Biden administration to immediately issue the guidance necessary for the industry to claim the 45Z Clean Fuels Production Credit. The group is also calling on Congress to extend the existing blender credits.

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Clean Fuels elects governing board members

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By Clean Fuels Alliance America

November 21, 2024

Clean Fuels Alliance America members have elected new governing board members. The new leadership reflects the interests of both large and small companies, biodiesel and renewable diesel producers, as well as soybean growers and renderers.

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The U.S. Department of Energy on Nov. 14 announced $20.2 million in funding for 10 university and industry projects spanning seven states to advance mixed algae development for low-carbon biofuels and bioproducts.

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The U.S. Energy Information Administration maintained its 2024 and 2025 forecasts for the production of biodiesel, renewable diesel and other biofuels, including SAF, in its latest Short-Term Energy Outlook, released Nov. 13.

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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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Aemetis Inc. on Nov. 5 announced strong support for the updated Low Carbon Fuel Standard proposal and strongly urges its adoption by the California Air Resources Board at its meeting on Nov. 8.

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CVR Energy Inc. on Oct. 29 announced that the renewable diesel unit at its Wynnewood refinery in Oklahoma processed 19.6 million gallons of vegetable oil feedstock during the third quarter, down from 23.8 million gallons during the same period of 2023.

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The call for presentation abstracts for the 18th Annual International Biomass Conference & Expo, produced by Biomass Magazine, is now open. The event will take place March 18-20, 2025, at the Cobb Galleria Centre in Atlanta, Georgia.

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Phillips 66 on Oct. 29 reported that its renewable fuels segment was impacted by lower margins during Q3, but company officials expect margins to improve moving forward. The company also reported it began producing SAF in September.

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Italian energy company Eni and U.S.-based KKR on Oct. 24 announced an agreement under which KKR will purchase a 25% stake in Eni’s Enilive business, which encompasses the company’s biorefining, biomethane, and smart mobility solutions businesses.

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Neste Corp. on Oct. 24 released third quarter financial results, reporting that its renewables segment has been impacted by overcapacity and lower-than-expected voluntary demand for sustainable aviation fuel (SAF).

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The U.S. Energy Information Administration reduced its forecast for 2025 renewable diesel production in its latest Short-Term Energy Outlook, released Oct. 8. The 2024 and 2025 forecasts for “other biofuels,” which includes SAF, were maintained.

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DOE BETO accelerates innovation to advance the US bioeconomy

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By Valerie Sarisky-Reed, BETO director

September 13, 2024

Valerie Sarisky-Reed, director of the U.S. Department of Energy’s Bioenergy Technologies Office, discusses ways her agency is doing its part to strengthen America’s bioeconomy and supply chain to support clean energy innovation.

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Neste has revised down its 2024 guidance for renewable products, citing substantially reduced diesel prices. The company said waste and residue feedstock prices have not decreased and renewable product market price premiums have remained weak.

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The U.S. Energy Information Administration on Sept. 10 began publishing new monthly forecasts for renewable diesel and other biobased fuels to better capture how biofuels are being consumed and overall demand for distillate fuels.

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SABR submits comments on proposed LCFS cap for soy, canola biofuels

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By Sustainable Advanced Biofuel Refiners Coalition

August 29, 2024

The Sustainable Advanced Biofuel Refiners Coalition, a national biodiesel trade association made up of nearly 60 organizational members, submitted comments Aug. 27 to CARB on proposed changes to the state’s LCFS.

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Clean Fuels Alliance America on Aug. 28 sent a letter to Treasury Secretary Janet Yellen, urging the agency to issue guidance, including safe harbors, to the 45Z Clean Fuels Production Credit by Sept. 1.

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