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Jet Zero Australia, Trovio Partner to establish the Australian framework for a ‘Book and Claim’ registry for SAF and renewable diesel

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By Jet Zero Australia Pty Ltd

March 25, 2024

Advanced BiofuelsBusiness

Jet Zero Australia Pty Ltd and Trovio Operating Pty Ltd announced that they have entered a strategic partnership to design and develop the ‘Book and Claim’ Registry for Australian sustainable aviation fuel (SAF) and renewable diesel (RD).

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The U.S. EPA on March 21 released updated RIN data, reporting that nearly 2.02 billion RINs were generated under the RFS in February, up from 1.91 billion generated the previous month and 1.76 billion generated in February of last year.

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Aemetis Inc. has announced approval by USCIS for $200 million of EB-5 program investment for the Riverbank SAF production plant, the dairy RNG project, the carbon sequestration project, and energy efficiency upgrades to the Keyes ethanol plant.

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ABB has signed an agreement with Cap Clean Energy to collaborate on SAF production sites in Canada. As part of the MOU, ABB will explore how its automation, electrification and digital technology can optimize the biofuel facilities.

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In August 2023, the Greater MSP Partnership and a handful of anchor collaborators including Delta Airlines, Ecolab, Xcel Energy and Bank of Amerca unveiled an unprecedented initiative to launch the first large-scale sustainable aviation fuel hub in the country.

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World Energy LLC on March 18 announced it has been invited by the U.S. Department of Energy to submit the Part II Application for an approximately $2 billion loan guarantee to support a proposed SAF project.

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Sasol, the global chemicals and energy company, and Topsoe, leader in carbon emission reduction technologies, announced the successful launch of their joint venture, Zaffra, which will focus on the development and delivery of SAF.

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President Joe Biden, Agriculture Secretary Tom Vilsack and U.S. EPA Administrator Michael Regan on March 19 recognized National Agriculture Day by honoring the farmers and ranchers who produce our nation’s food, feed, fuel and fiber.

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The Michigan Senate Committee on Energy and Environment on March 14 held a hearing to consider legislation introduced last year that aims to create a tax credit to support the purchase of sustainable aviation fuel (SAF).

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New Energy Blue on March 18 announced the formation of New Energy Chemicals. In phase one, the biochemical subsidiary will produce biobased ethylene for use in Dow’s renewable plastics. In phase two, the subsidiary will expand to SAF production.

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Ethanol Producer Magazine announced this week the preliminary agenda for the 2024 International Fuel Ethanol Workshop & Expo (FEW) taking place June 10-12, 2024 at the Minneapolis Convention Center in Minneapolis, Minnesota.

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A first of its kind breakfast at Heathrow, named The Fly Up, which is cooked with oil that is then cleaned and recycled into renewable biofuels, took off on March 12. The initiative aims to boost awareness of SAF.

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Tidewater Renewables Ltd. on March 14 announced that its 3,000-barrel-per-day renewable diesel facility in Prince George, British Columbia, is currently operating at near nameplate capacity. Work is also progressing on proposed plans to produce SAF.

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Neste has merge its three renewable business units into one Renewable Products business unit as well as restructure its functions to better support business-driven ways of working. Plans for the restructuring were announced last year.

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Avfuel Corp. and Neste finalized a partnership extension that keeps the companies at the forefront of sustainable aviation fuel (SAF) supply for business aviation, cementing their leadership positions in the sustainable space.

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Aemetis Inc. released fourth quarter financial results on March 7, reporting the company achieved important milestones in its biodiesel, RNG, ethanol, SAF and carbon capture business segments last year.

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Gevo Inc. has reported that efforts are continuing to secure a U.S. DOE loan guarantee to support the construction of its proposed SAF facility. Gevo also reported that its RNG project in Iowa operated at 91% capacity during Q4.

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Following Ryanair’s purchase of 500 metric tons of sustainable aviation fuel (SAF) from OMV in October 2023, the airline on March 8 announced that it will take an additional 500 metric tons of SAF from OMV in 2024.

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Bunge Chevron Ag Renewables LLC, a joint venture of Bunge and Chevron, on March 4 celebrated the groundbreaking of a new oilseed processing facility in Louisiana. The plant is expected to be operational in 2026.

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SAF One, a platform focused on the development of global SAF solutions, announces the appointment of engineering firm Kent to carry out a technology licensing review for its first synthetic paraffinic kerosene (SPK) production plant.

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Willis Sustainable Fuels (UK) Limited, the wholly owned subsidiary of Willis Lease Finance Corp., announced that Redcar and Cleveland Borough Council has approved the plans for its Carbonshift PtL SAF refinery project in England.

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Aemetis Inc. on March 5 announced receipt of the Authority to Construct air permits for its planned sustainable aviation fuel (SAF) and renewable diesel (RD) production plant in Riverbank, California.

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Montana Renewables was recognized as the Groundbreaker of the Year and Jason Kessler, president at KESCO Inc., was presented with the Excellence in Bioenergy Award at the 17th Annual International Biomass Conference & Expo.

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Neste has launched its new emission reduction solution, Neste Impact, for businesses looking to reduce the carbon footprint of their air travel and transport activities. The solution is based on purchasing Neste MY Sustainable Aviation Fuel.

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FS has received the ISCC international certification attesting that its production process meets international requirements for the production and supply of ethanol and corn oil for the production of SAF.

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Total U.S. operable biofuels production capacity fell slightly in December, according to data released by the U.S. Energy Information Administration. Total feedstock consumption was up when compared to both the previous month and December 2022.

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Sugar Valley Energy, a new 160-acre bioenergy campus planned in California’s Imperial Valley has added New York-based TerraNova Capital Equities, Inc. to its finance team to lead marketing and placement of equity capital for the $1 billion project.

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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

February 29, 2024

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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