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Southwest Airlines launches renewable ventures subsidiary to advance SAF, invests in LanzaJet

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By Southwest Airlines Co.

15 hours ago

Business

Southwest Airlines Co. has launched Southwest Airlines Renewable Ventures, a wholly-owned subsidiary dedicated to creating more opportunities to obtain scalable SAF. The carrier also announced a $30 million investment in LanzaJet Inc.

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EIA: D4, D6 RIN prices decline 45% from start of year

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By U.S. Energy Information Administration

15 hours ago

The price of compliance credits for biomass-based diesel and ethanol has decreased about 45% since the start of the year, when prices were already the lowest in about three years, according to the U.S. Energy Information Administration.

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Yield10 Bioscience Inc. on Feb. 14 announced it has granted VISION Bioenergy Oilseeds LLC a global license to certain proprietary varieties of camelina sativa for the production of feedstock oil for biofuels.

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The U.S. Department of Energy and the U.S. EPA on Feb. 22 released a funding opportunity announcement (FOA), entitled, “Inflation Reduction Act Funding for Advanced Biofuels,” for up to $9.4 million for the development of advanced biofuels.

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Calumet released Q4 financial results on Feb. 23, announcing that Montana Renewables returned to normal operations in December following the replacement of a cracked steam drum and providing an update of the company’s proposed MaxSAF initiative.

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CVR Energy Inc. released Q4 results on Feb. 20, reporting that the feedstock pretreatment unit at its Wynnewood refinery in Oklahoma is mechanically complete. The company is also continuing to evaluate projects to add SAF capacity at two refineries.

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Ampaire Inc. has achieved a significant milestone in sustainable aviation by completing its first ground test utilizing pure 100 percent ASTM D7566 SAF produced by Dimensional Energy from electricity and CO2.

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Cepsa and Bio-Oils, a subsidiary of Apical, are beginning construction of the largest second-generation biofuels plant in southern Europe. The facility will have the flexibly produce 500,000 tons of SAF and renewable diesel.

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The U.S. Department of Energy has announced its intent to issue funding to support research and development (R&D) projects for converting algae and other wet waste feedstocks to low-carbon fuels, chemicals and agricultural products.

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Technip Energies announces a strategic investment in the United Airlines Ventures Sustainable Flight Fund, which is designed to leverage cross-industry support, providing start-ups working on SAF research, production and technology.

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A Pennsylvania refinery operated by a subsidiary of Delta Air Lines Inc. is evaluating the possibility of producing sustainable aviation fuel (SAF) and other renewable fuels, according to information contained in the company’s annual report.

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Airbus and TotalEnergies have signed a strategic partnership to address the challenges of decarbonizing aviation through SAF. The partnership includes components related to the supply of SAF in Europe and a research and innovation program.

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European renewable ethanol producers have launched a new legal challenge, now directed to the EU’s RefuelEU Aviation Regulation, charging that it improperly excludes crop-based biofuels from the effort to reduce GHG emissions from air transport.

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Neste Corp. released 2023 financial results on Feb. 8, reporting that renewable diesel production was up more than 15% when compared to 2022, with sustainable aviation fuel (SAF) production up nearly 59%.

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More than 1.89 billion renewable identification numbers (RINs) were generated under the Renewable Fuel Standard in January, up from 1.76 billion generated during the same month of 2023, according to a data released by the U.S. EPA on Feb. 15.

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Clean Fuels Alliance America welcomed nearly 850 attendees from over 20 countries to connect with key players from the biodiesel, renewable diesel and sustainable aviation fuel industries at the Clean Fuels Conference in Fort Worth, Texas.

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Proposed Louisiana Green Fuels project pivots to SAF

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By Sumitomo Corporation of Americas

February 07, 2024

Strategic Biofuels and Sumitomo Corporation of Americas, a subsidiary of Sumitomo Corp., have entered into a joint development agreement for the proposed Louisiana Green Fuels project in Louisiana, which has now shifted its focus to SAF production.

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Loamist, a climatetech startup, has announced its pre-seed financing and emergence from stealth mode, marking the public release of its Biomass Explorer product, a tool that addresses the critical challenge of accessing biomass.

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Clean Fuels Alliance America recognized ASTM International, Darling Ingredients Executive Vice President – Chief Strategy Officer John Bullock, and PepsiCo Inc. with Clean Fuels Awards at the Clean Fuels Conference.

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Neste and Amelia, a French regional airline, have closed an agreement for the supply of blended Neste MY Sustainable Aviation Fuel. Amelia has been using the SAF for all its flights departing from Amsterdam Airport Schiphol since Jan. 1.

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Future Energy Global, led by former GE Capital Aviation Services Head of Portfolio Strategy Natasha Mann, has launched an innovative financial ecosystem to accelerate the production and uptake of sustainable aviation fuel (SAF).

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Emirates has become the first international airline to join The Solent Cluster, a U.K. initiative focused on low carbon investments established to reduce CO2 emissions from industry, transport and households in the South Coast of England.

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Nevada Gov. Joe Lombardo and the Nevada Governor’s Office of Economic Development on Jan. 25 approved $11.72 million in tax abatements for a 120 MMgy renewable diesel and SAF project under development by Edgewood Renewables LLC.

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Phillips 66 on Jan. 31 confirmed that the renewables conversion of its Rodeo, California, refinery is nearing completion. The facility will shut down crude oil operations in February and is expected to begin producing renewable fuels during Q1 2024.

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Gevo Inc. on Jan. 24 released a business update indicating that the company’s proposed SAF project in South Dakota, Net-Zero 1, remains in the due diligence phase of the U.S. Department of Energy’s loan guarantee program.

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Cathay on Jan. 29 welcomed the successful launch of the Hong Kong SAF Coalition as its co-initiator. The coalition is convened and chaired by Business Environment Council, along with 13 founding partners from the SAF value chain.

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Valero Energy Corp. released Q4 financial results on Jan. 25, reporting an increase in renewable diesel production volumes despite lower margins. The SAF project under development in Texas remains on schedule for completion next year.

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Honeywell announced that Acelen Renewables has selected its Ecofining technology to help support the efficient production of a targeted 20,000 barrels per day SAF and renewable diesel at its facility in Bahia, Brazil.

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Praj on Jan. 20 inaugurated its sustainable aviation fuel (SAF) demonstration plant at its research and development center in Pune, India. The plant utilizes a propriety SAF production technology developed by the company.

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Ryanair, Europe’s no.1 airline, and Enilive, a company directly controlled by Eni, announced on Jan. 22 that they have signed a letter of intent (LOI) for the long-term supply of Enilive SAF at selected Ryanair airports across Italy.

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