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Bipartisan legislation aims to extend 45Z credit, enact domestic feedstock requirements

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By Erin Voegele

September 24, 2024

Policy

Sen. Roger Marshall, R-Kan., and Rep. Tracey Mann, R-Kan., on Sept. 24 introduced Farmer First Fuel Incentives Act, a bill that aims to extend the 45Z credit through 2034 and restrict the credit to fuels made from domestically produced feedstock.

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TotalEnergies and Air France-KLM have signed an agreement for TotalEnergies to supply up to 1.5 million tons of more sustainable aviation fuel (SAF) to Air France-KLM Group airlines over a 10-year period, until 2035.

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Calumet on Sept. 20 announced Montana Renewables LLC has produced and shipped Minneapolis-St. Paul International Airport’s first blend of SAF. The SAF shipment arrived on Sept. 20 and will be used to fuel Delta Air Lines commercial flights.

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Twelve on Sept. 19 announced $645 million in funding. The funding will support the completion of AirPlant One, Twelve's inaugural sustainable aviation fuel (SAF) plant located in Moses Lake, Washington.

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AIR COMPANY on Sept. 18 announced it has raised $69 million in Series B funding to advance its carbon conversion technology. Avfuel, a leading global supplier of aviation fuel and services, led the round.

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The U.S. EPA has announced that 2.06 billion RINs were generated under the RFS in August, down from 2.07 billion generated during the same month of last year. Total RIN generation for the first eight months of 2024 reached 16.49 billion.

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Less than two weeks after Fulcrum BioEnergy Inc. and affiliated companies filed for Chapter 11 bankruptcy protection, the assets of Fulcrum Sierra Biofuels LLC and Fulcrum Bioenergy Inc. are being offered for sale at auction.

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Fiji Airways is collaborating with The Fiji Sugar Corp. Ltd. (FSC) and Lee Enterprises Consulting to evaluate the feasibility of sustainable aviation fuel (SAF) production in Fiji. The collaboration is funded by The Asian Development Bank.

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Comstock Inc. on Sept. 18 announced the execution of a binding agreement between Comstock Fuels Corp. and SACL Pte. Ltd. related to three biofuel sites under development in Australia to produce 300 MMgy of SAF and renewable fuels.

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Neste, ITOCHU and GS Caltex have collaborated to make the first batch of CORSIA-eligible ISCC-certified sustainable aviation fuel (SAF) available for purchase at Narita International Airport in Japan.

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Infinium and Brookfield Asset Management on Sept. 10 announced a strategic funding partnership to accelerate the growth of Infinium’s eFuels platform. Infinium eFuels, which includes eSAF, can reduce lifecycle GHG emissions by approximately 90%.

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United and the San Francisco 49ers on Sept. 18 announced that the team has become the first in the NFL to purchase SAF. The team has purchased enough SAF to cover its game-related flying on United from San Francisco to Los Angeles on Sept. 22.

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Strategic Biofuels has published a free resource, “A Practical Guide to Forestry Feedstock Under the Renewable Fuel Standard.” The guide is the result of the work completed as part of a cooperative agreement signed with the U.S. Forest Service.

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The RFA has asked the U.S. EPA for an update on the agency’s investigation of certain biofuel feedstock imports and is urging the adoption of more stringent feedstock verification requirements for imported used cooking oil and tallow.

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Haffner Energy announces SAF Zero spin-off

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By Haffner Energy

September 17, 2024

Haffner Energy has announced the creation of SAF Zero, a spin-off focused on the sustainable aviation fuel (SAF) market. SAF Zero aims to fully leverage SAFNOCA, Haffner Energy's advanced technology.

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Legislation introduced in the California State Assembly on Sept. 11 aims to prevent the California Air Resources Board from amending the state’s Low Carbon Fuel Standard regulations prior to Jan. 1, 2026.

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An oil refinery located in Scotland planned for decommissioning next year could find new life as a sustainable aviation fuel (SAF) production facility thanks to a joint investment plan announced by the U.K. and Scottish governments on Sept. 12.

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Fulcrum BioEnergy files for bankruptcy

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By Erin Voegele

September 16, 2024

Fulcrum BioEnergy Inc. and affiliated companies Fulcrum Seirra Holdings and Fulcrum Sierra Finance Co. on Sept. 9 filed voluntary petitions for Chapter 11 bankruptcy in the U.S. Bankruptcy Court for the District of Delaware.

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Summit Next Gen LLC has closed on its site acquisition for the future development of its previously announced SAF production platform. The 60-acre site is located on the Houston Ship Channel in Texas.

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Simply Blue Group has announced the Goldboro site in Nova Scotia, Canada formerly proposed as Goldboro Liquified Natural Gas Project, as the location for their major sustainable aviation fuels (SAF) hub.

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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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Gevo Inc. on Sept. 12 announced it has entered into a definitive agreement to acquire the ethanol production plant and CCS assets of Red Trail Energy LLC for $210 million. Gevo plans to add net-zero SAF production capacity to the site.

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The USDA maintained its forecast for 2024-’25 soybean oil use in biofuel production in its latest WASDE report, released Sept. 12. The estimates for 2022-’23 and 2023-’24 soybean oil use in biofuel production were revised up.

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The USDA reduced its forecast for soybean production in its latest monthly Crop Production report, released Sept. 12. Record highs, however, are expected for both soybean yields and soybean production for beans.

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On Sept. 11, SK Energy, the largest refiner in South Korea and a subsidiary of SK Innovation, announced the completion of the nation’s first dedicated sustainable aviation fuel (SAF) production line.

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Agricultural Secretary Tom Vilsack announced the release of a SAF Grand Challenge fact sheet on Sept. 11 at the North American SAF Conference & Expo. The DOE also opened a $12 million funding opportunity to support integrated biorefineries.

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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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Agriculture Secretary Tom Vilsack on Sept. 10 explained USDA’s work to support guidance for the 45Z Clean Fuel Production Credit and candidly discussed the possible repercussions of efforts to limit the credit to domestically produced feedstocks.

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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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GREATER MSP Partnership has announced major developments and celebrated a year of accomplishments toward operating the first large-scale, end-to-end sustainable aviation fuel (SAF) value chain in the United States.

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