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White House releases interagency report to advance biotechnology and biomanufacturing for robust economic growth

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By U.S. Department of Energy

November 19, 2024

Policy 

The Biden-Harris administration released a new report, Building a Vibrant Domestic Biomanufacturing Ecosystem, to advance biotechnology and biomanufacturing as part of a broader national bioeconomy implementation plan.

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Corteva Inc. has announced plans to form a joint venture with bp focused on feedstock production for SAF. The company plans to grow proprietary Corteva mustard seed, sunflower and canola feedstocks well-suited for SAF production.

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Aemetis Inc. on Nov. 12 released Q3 financial results, reporting increased revenue for its California ethanol, India biodiesel and dairy RNG business segments. Development also continues on the company’s SAF and CCS projects.

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Sora Fuel, a venture-backed startup that produces SAF using only water, air, and renewable energy, and Emerging Fuels Technology Inc., a leader in converting renewable feedstocks into SAF, have signed a technology cooperation agreement.

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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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A group of 36 biofuel, biogas, agriculture, energy and fuel retailer trade groups on Nov. 13 sent a letter to federal lawmakers urging Congress to extend several expiring tax credits during its Lame Duck session.

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Alfa Laval has secured two contracts to supply cutting-edge HVO pre-treatment technology to Europe's largest biofuel facility. The facility will produce 500,000 metric tons of SAF and renewable diesel annually.

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Topsoe has signed an agreement with Refinaria de Petróleo Riograndense SA to provide its HydroFlex and H2bridge technologies for SAF and renewable diesel production at Riograndense’s Rio Grande renewable fuels plant in Brazil.

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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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The U.S. EPA on Nov. 12 delivered a proposed rule to the White House OMB pertaining to the RFS. The title of the proposal indicates the rule would waive a portion of the 2024 cellulosic RVO and offer an extension of the 2024 compliance deadline.

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DOE releases new report on pathways to commercial liftoff for SAF

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By U.S. Department of Energy

November 13, 2024

The U.S. Department of Energy on Nov. 13 announced the release of its latest Pathways to Commercial Liftoff report, which underscores the near-term potential for sustainable aviation fuel (SAF) to meaningfully decarbonize the aviation sector.

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On Nov. 13, U.S. EPA Administrator Michael S. Regan announced the appointment of 18 new members and reappointment of 6 members to the Farm, Ranch, and Rural Communities Federal Advisory Committee.

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Drax Group plc on Nov. 12 reported its pellet production business is performing well on increased production and improved margins. The company is also working to develop new market opportunities for pellets, including SAF feedstock.

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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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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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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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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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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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The USDA released its latest Crop Production report on Nov. 8, reporting reduced forecasts for 2024 soybean production and yields. Both production and yields, however, are up significantly when compared to last year.

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The USDA maintained its forecast for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Nov. 8. The U.S. season-average price for soybean oil was revised up 1 cent per pound.

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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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Cathay has announced its Corporate Sustainable Aviation Fuel (SAF) Programme has achieved significant growth this year. The program partners together in 2024 have committed to using 2,650 metric tons of SAF (equal to 906,000 U.S. gallons).

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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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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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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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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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USGC advances global SAF discussion in Japan

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By U.S. Grains Council

November 05, 2024

USGC staff traveled to Tokyo, Japan in October to participate in the 2024 Sustainable Aviation Fuel (SAF) and Bioethanol Summit, where industry leaders, educators and policymakers gathered to discuss the future of biofuel use.

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Vast Renewables Ltd. has signed a development services agreement with GGS Energy LLC to pursue a commercial-scale synthetic fuels project in the Southwest U.S. that will produce green methanol and/or e-SAF.

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ZeaKal on Oct. 30 announced that PhotoSeed has been validated as the first sustainability-embedded trait technology for agriculture. PhotoSeed enhances photosynthetic capacity, increasing soybean oil by 15%.

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BioVeritas launches SAF process

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By BioVeritas LLC

November 01, 2024

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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