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Senate version of “big, beautiful bill” aims to extend, alter 45Z tax credit

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By Erin Voegele

6 hours ago

Policy 

The Senate Finance Committee on June 17 released legislation that extends the 45Z credit but proposes changes that would cut the value of the credit by 20% for fuels made from imported feedstocks and alter the value of the credit for SAF.

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TotalEnergies has announced the company expects its facilities will be able to produce more than half a million tons of SAF a year by 2028 to cover the increase in the European SAF blending mandate, set at 6% for 2030.

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The California Assembly on May 23 voted 71 to zero in favor of a bill that aims to expedite the development of up to three SAF projects by allowing the governor to streamline legal challenges resulting from certain environmental review procedures.

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XCF Global Capital Inc., the owner of a 38 MMgy SAF plant located near Reno, Nevada, on June 6 announced the successful completion of its business combination with Focus Impact BH3 Acquisition Co., a special purpose acquisition company.

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The U.S. EPA on June 13 released a proposed rule to set strong 2026 and 2027 RFS RVOs. The rulemaking also aims to limit the participation of imported fuels and feedstocks, eliminate eRINs, and reduce the 2025 cellulosic RVO.

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The U.S. EPA on June 13 released a final rule reducing the 2024 RFS renewable volume obligation (RVO) for cellulosic biofuel to 1.01 billion renewable identification numbers (RINs). The rule also revises RFS regulations related to biogas.

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Boeing will invest $17.48 million CAD to strengthen the energy security of Canada and bolster the country’s economic growth. The investments will promote the production of sustainable aviation fuel (SAF).

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The White House OMB on June 11 concluded its review of two RFS rulemakings, including a proposed rule to set new renewable volume obligations (RVOs) and a final rule for a partial waiver of the 2024 cellulosic RVO.

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The USDA maintained its forecast for 2025-’26 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released June 12. The estimate for 2024-’25 soybean use in biofuel production was revised down.

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U.S. Treasury Secretary Scott Bessent on June 12 committed to implementing upcoming changes to the 45Z clean fuel production credit “in the most robust way” and ensuring foreign actors do not have a backdoor into the program.

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LeGrand, Ulibarri Join USDA ATM To Hong Kong

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By U.S. Grains Council

June 12, 2025

In May, U.S. Grains Council Chairwoman Verity Ulibarri and USGC President and CEO Ryan LeGrand traveled to Beijing and Hong Kong, China to meet with key industry counterparts and join the USDA’s Agribusiness Trade Mission.

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Total U.S. biofuels production, including ethanol, renewable diesel, biodiesel and other biofuels, including SAF, averaged a record 1.39 million barrels per day last year, according to data released by the U.S. EIA on June 9.

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Neste and Chevron Lummus Global have joined forces to develop a new technology enabling conversion of lignocellulosic biomass into high-quality, lower-emission renewable fuels, such as sustainable aviation fuel (SAF) and renewable diesel.

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The U.S. EIA reduced its 2025 and 2026 production forecasts for a category of biofuels that includes SAF in its latest Short-Term Energy Outlook, released June 10. The forecast for 2025 renewable diesel production was also revised down.

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USA BioEnergy on June 10 announced it has signed a letter of intent with LP Building Solutions that outlines plans to enter a long-term supply agreement for sustainably sourced wood fiber to support operations at a proposed biorefinery in Texas.

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At the world’s largest ethanol conference, BBI International recognized Gillian Harrison, Steffen Mueller, Rick Schwarck and Michael Jerke for their outstanding contributions to the biofuels industry.

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SkyNRG on June 5 released its fifth Sustainable Aviation Fuel Market Outlook. The report, developed in collaboration with ICF, highlights the need to scale up technologies and feedstocks that are an alternative to HEFA fuels.

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More than a dozen trade groups representing U.S. fuel producers on June 6 wrote to leaders of the U.S. Senate urging them to amend the “One Big, Beautiful Bill” text to clarify the qualified sales provisions of the 45Z clean fuel production credit.

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Enersur S.A. has selected Praj Industries to develop an integrated biorefinery project in Paraguay. The biorefinery will produce ethanol, distillers dried grains with solubles (DDGS), corn oil, biogas, biobitumen and SAF.

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RIC Energy and Siemens have signed a MOU to jointly develop innovative projects in the fields of renewable hydrogen, green ammonia, and e-fuels in Spain. The collaboration will boost the e-SAF plant that RIC Energy is developing.

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SAFasia Inc. and Emerging Fuels Technology Inc. announced on May 27 the signing of a memorandum of understanding (MOU) to finalize a master license agreement to support the development of SAF projects throughout the Philippines.

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AM Green and the Port of Rotterdam Authority signed a memorandum of understanding to focus on building a green energy supply chain between India and Northwestern Europe via Rotterdam. This includes the supply of bunkering fuels and SAF.

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Honeywell, Johnson Matthey, GIDARA Energy and SAMSUNG E&A on June 5 announced the formation of a strategic technology alliance to bring a groundbreaking end-to-end global solution to market for producing SAF from biomass and MSW.

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France-based Global Bioenergies on June 3 announced the company has launched an official search for buyers in the form of a “pre-pack sale” as part of a conciliation procedure. Purchase offers are due July 9.

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Legislation pending in Nevada aims to create a sustainable aviation fuel (SAF) incentive fund that would provide an incentive of $2.50 per gallon to domestic air carriers to support the purchase of SAF produced within the state.

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Syzygy Plasmonics on June 3 announced the company has initiated front-end engineering and design (FEED) with Kent for NovaSAF 1, an electrified biogas-to-SAF facility under development in Durazno, Uruguay.

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LanzaJet and ATOBA Energy have signed a memorandum of understanding (MOU) to collaborate on accelerating sustainable aviation fuel (SAF) deployment and creating new commercial models for the market.

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Operable U.S. biofuel production capacity expanded slightly in March, according to data released by the U.S. Energy Information Administration on May 30. Feedstock consumption was up when compared to the previous month, but down from March 2024.

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The U.S. Department of Energy on May 30 released an updated version of its 45ZCF-GREET modeling tool to account for new feedstocks and methods of production, including ethanol from corn wet-milling and natural gas from coal-mine methane.

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Castle & Cooke Aviation, a premier provider of luxury FBO services, now offers sustainable aviation fuel (SAF) from Avfuel Corp. at Van Nuys Airport (VNY) in Southern California. The SAF produced by Neste.

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