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Clean Fuels, ag groups urge adoption of GREET for SAF tax credit

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By Erin Voegele

November 28, 2023

BusinessFeedstocksPolicy

Clean Fuels Alliance America, American Soybean Association, National Oilseed Processors Association the U.S. Canola Association are urging the Biden administration to adopt GREET for the purposes measuring GHG reductions for the SAF tax credit.

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Montana Renewables LLC, a subsidiary of Calumet Specialty Products Partners LP, on Sept. 18 hosted an event to celebrate the first receipts of camelina oil into its biorefinery in Great Falls, Montana. The facility produces renewable diesel and SAF.

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The RFA, Growth Energy and the USGC on Sept. 14 sent a letter to U.S. Treasury Secretary Janet Yellen advocating for the adoption of GREET to measure GHG reductions for the purposes of SAF tax credit created by the Inflation Reduction Act.

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The U.S. Department of Energy's Bioenergy Technologies Office awarded $18.6 million in funding to eight university and industry projects to develop biomass feedstocks to produce affordable biofuels and bioproducts that reduce GHG emissions.

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Neste is disputing a report filed with the USDA that suggests the company may have received fraudulent used cooking oil (UCO) volumes at its renewable products refinery in Singapore, specifically virgin palm oil from Indonesia.

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Members of the European Parliament (MEPs) on Sept. 13 approved a new law that ramps up requirements for sustainable aviation fuel (SAF) within the European Union but sets limits on what types of feedstocks that fuel can be made from.

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Global used cooking oil (UCO) supplies are anticipated to rise from 3.7 billion gallons in 2022 to between 5 billion and 10 billion gallons by 2030, according to a report released by Clean Fuels Alliance America on Sept. 13.

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Agricultural Secretary Tom Vilsack on Sept. 12 called on ethanol producers to seize the opportunity offered by the emerging SAF market and stressed that climate-smart ag and carbon capture technologies must play a role in ethanol-to-SAF production.

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

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The USDA's National Agricultural Statistics Service predicts soybean production for 2023 will fall to 4.15 billion bushels, down 3 percent from last year, according to the agency's latest Crop Production report, released Sept. 12.

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Gevo Inc. has finalized and executed a notice of grant and agreement award with the USDA for a Partnerships for Climate-Smart Commodities grant of up to $30 million for Gevo's Climate-Smart Farm-to-Flight Program.

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U.S. operable biofuels capacity was up in June, with gains for both ethanol and renewable diesel and associated fuels, according to data released by the U.S. EIA on Aug. 31. Feedstock consumption was also up during the month.

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Idemitsu Kosan, a Japanese petroleum company, and LOPS Corp., a Japan-based trading company that supplies oil and fats, on Aug. 24 announced plans to conduct a joint study focused on the procurement of feedstocks for SAF production.

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The Canadian government on Aug. 30 announced it is investing up to $5.3 million in an initiative that aims to support the development of biomass supply chains and cutting-edge technologies to produce biomass and value-added agricultural products.

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The U.S. DOE's Bioenergy Technologies Office and the U.S. National Science Foundation have funded three new projects that aim to help accelerate innovation and develop new biomanufacturing approaches.

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Through the GREATER MSP Partnership, Bank of America, Delta Air Lines, Ecolab and Xcel Energy have established the Minnesota SAF Hub – the first large-scale SAF Hub in the U.S. committed to scaling SAF production.

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Syngenta Seeds LLC and Sustainable Oils Inc. have entered into a new agreement to sell camelina sativa seed – an ultra-low carbon oilseed crop that can be used as feedstock for sustainable aviation fuel (SAF) and other biofuels.

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Reps. Jasmine Crockett, D-Texas, and Max Miller, R-Ohio, on Aug. 18 introduced the Farm to Fuselage Act, legislation that aims to update the Farm Bill to facilitate increased domestic production of sustainable aviation fuel (SAF).

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The Surface Transportation Board is soliciting nominations to fill six vacancies on its Rail Energy Transportation Advisory Committee. One of those vacancies is to be filled by a biofuel producer or feedstock provider.

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Yield10 Bioscience Inc. released second quarter financial results on Aug. 14, reporting that the harvest of 2022-’23 winter camelina under grower contracts is well underway and the first delivery of camelina to a biofuel customer is now complete.

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The USDA maintained its forecast for 2023-’24 soybean oil use in biofuel production in its latest WASDE report, released Aug. 11. The forecast for 2022-’23 soybean oil use in biofuel production was revised up.

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USDA’s National Agricultural Statistics Service released its latest Crop Production report on Aug. 11, predicting 2023 soybean crop will be down 2 percent when compared to last year, with production forecast at 4.21 billion bushels.

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Yield10 Bioscience Inc. has announced positive results in the first field test of stacked herbicide tolerance (HT) traits in camelina. These proprietary stacked HT camelina varieties demonstrate tolerance to herbicides and herbicide soil residues.

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Todd Borgmann, CEO of Calumet Specialty Products L.P., on Aug. 4 announced that all elements of the company’s Montana Renewables project met or outperformed expectations during the second quarter of 2023.

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CVR Energy Inc. expects the feedstock PTU at its Wynnewood refinery in Oklahoma to become operational in Q4. The company is also in discussions with potential partners to develop an additional renewables project that could include SAF capacity.

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Operable biofuels production capacity in the U.S. fell slightly in May, with reductions for both ethanol and biodiesel, according to date released by the U.S. EIA on July 31. Feedstock consumption was up from both the previous month and May 2022.

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Neste released second quarter financial results on July 27, reporting robust demand for renewable diesel and relatively stable feedstock pricing. SAF and renewable diesel sales were up 17 percent when compared to the second quarter of 2022.

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EarthDaily Agro has been selected by Global Clean Energy Holdings Inc. to support work to increase the adoption of camelina in the renewable fuels marketplace through the company's Climate-Smart Camelina Project.

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Louis Dreyfus Company and Global Clean Energy Holdings Inc. have agreed to jointly promote the sustainable cultivation of Camelina sativa (camelina) in South America, including the countries of Argentina, Paraguay, and Uruguay.

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Blue Biofuels Inc. announced on July 11 it has been awarded a U.S. Department of Energy Small Business Innovation Research Phase 1 grant. The $206,500 grant will support efforts to scale and optimize the company's cellulose-to-sugar process.

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