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House passes Inflation Reduction Act

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By Erin Krueger

August 12, 2022

Feedstocks Policy Business Markets Coproducts 

The House on Aug. 12 voted 220 to 207 to pass the Inflation Reduction Act, a legislative package that includes a wide range of provisions that benefit the biofuel and bioenergy industries. President Biden is expected to sign the bill soon.

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The USDA reduced its estimate for 2021-'22 soybean oil use in biofuel by 200 million pounds in its latest World Agricultural Supply and Demand Estimates report, released Aug. 12. The forecast for 2020-'23 soybean oil use in biofuel was maintained.

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Renewable diesel facility in Reno begins operations

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By Greater Commercial Lending

August 11, 2022

Greater Commercial Lending has announced that New Rise Renewables Reno, a 44 MMgy renewable diesel faciltiy located in Reno, Nevada, is begining operations. The project was inagurated by local officials on Aug. 11.

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Restaurant Technologies is taking a step forward in its sustainability journey by utilizing biofuels from Chevron Renewable Energy Group, a subsidiary of Chevron Corp., in its commercial vehicle fleet.

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During a recent USDA agricultural trade mission to the Philippines, representatives from the U.S. Grains Council and Mariano Marcos State University signed a memorandum of understanding (MOU) on biofuels.

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Novozymes released its interim report for the first half of 2022 on Aug. 11, reporting a 23 percent increase in bioenergy sales for the first half of the year, with second quarter bioenergy sales up 19 percent.

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The U.K. government on Aug. 11 launched a consultation on how to support the development of bioenergy carbon capture and storage (BECCS) projects in the U.K. over the next decade. The consulation is open through Oct. 7.

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Opal Fuels Inc. a vertically integrated producer and distributor of RNG, on Aug. 8 announced the closing of a five-year, $105 million senior secured debt facility. The facility provides construction financing for designated Opal Fuels projects.

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ACE elects board of directors

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By American Coalition for Ethanol

August 11, 2022

The American Coalition for Ethanol announced the re-election of several board members and the election of two new members to the organization's board of directors during its annual business meeting prior to ACE's 35th annual conference.

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The U.S. Energy Information Administration recently released data showing U.S. manufacturers produced approximately 850,000 tons of densified biomass fuel in April, with sales reaching 680,000 tons.

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The Canadian government on Aug. 3 awarded $1.8 million under Agriculture and Agri-Food Canada's AgriAssurance Program to Bioindustrial Innovation Canada, a nonprofit group that supports the commercialization of sustainable technologies.

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U.S. fuel ethanol production fell by 2 percent the week ending Aug. 5, according to data released by the U.S. Energy Information Administration on Aug. 10. Stocks of fuel ethanol were down approximately 1 percent.

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Alfa Laval acquires Desmet

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By Alfa Laval

August 10, 2022

Alfa Laval has completed the acquisition of Desmet, part of the Desmet Ballestra Group, a world leader in engineering and supplying processing plants and technologies for edible oils and biofuel sectors.

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BBI International has announced the 39th Annual International Fuel Ethanol Workshop & Expo will be held June 12-14, 2023 at the CHI Health Center in Omaha, Nebraska. Speaker presentation abstracts will be accepted through Feb. 10, 2023.

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BBI International has announced the 39th Annual International Fuel Ethanol Workshop & Expo will be held June 12-14, 2023 at the CHI Health Center in Omaha, Nebraska. Speaker presentation abstracts will be accepted through Feb. 10, 2023.

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MN Bio-Fuels releases 1H 2022 report

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By Minnesota Bio-Fuels Association

August 10, 2022

The Minnesota Bio-Fuels Association (MN Bio-Fuels) released its 2022 Half-Year report to its members at an event in Bloomington on Aug 3. The report highlights work the group has done to promote E15 and the ethanol industry.

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Alfa Laval acquires Desmet

By Alfa Laval

August 10, 2022

Alfa Laval has completed the acquisition of Desmet, part of the Desmet Ballestra Group, a world leader in engineering and supplying processing plants and technologies for edible oils and biofuel sectors.

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The Canadian government on Aug. 3 awarded $1.8 million under Agriculture and Agri-Food Canada's AgriAssurance Program to Bioindustrial Innovation Canada, a nonprofit group that supports the commercialization of sustainable technologies.

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Renewable electricity is expected to account for 22 percent of U.S. generation this year, increasing to 24 percent in 2023, according to the U.S. Energy Information Administration's latest Short-Term Energy Outlook, released Aug. 9.

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The U.S. Energy Information Administration maintained its forecasts for 2022 and 2023 fuel ethanol production in its latest Short-Term Energy Outlook, released Aug. 9. The agency also maintained its forecast for 2022 and 2023 ethanol consumption.

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Gevo Inc. plans to host a groundbreaking ceremony in September to kick off the initial site work phase at its proposed Net Zero 1 facility under development in Lake Preston, South Dakota, according to comments made by CEO Patrick Gruber on Aug. 8.

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On Aug. 9, Growth Energy Senior Vice President of Regulatory Affairs submitted comments to the California Air Resources Board following its initial workshop on potential revisions to its low carbon fuel standard (LCFS).

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Alto Ingredients Inc. released second quarter financial results on Aug. 8, reporting increased net sales and net income. During a second quarter earnings call, CEO Mike Kandris discussed various plant improvement and upgrade projects.

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Sustainable Oils Inc. on Aug. 8 announced a joint licensing agreement with Corteva Agriscience and the Broad Institute of MIT and Harvard for CRISPR-Cas9 and related gene editing tools to further develop their patented camelina varieties.

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With over 700 Iowa landowners having signed more than 1,200 voluntary easements in the state, Summit Carbon Solutions has made significant progress in advancing its transformative carbon capture and storage project.

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Gevo Inc. plans to host a groundbreaking ceremony in September to kick off the initial site work phase at its proposed Net Zero 1 facility under development in Lake Preston, South Dakota, according to comments made by CEO Patrick Gruber on Aug. 8.

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The Senate on Aug. 7 passed the Inflation Reduction Act of 2022 by a vote of 51 to 50 along party lines. Vice President Kamala Harris cast the tie-breaking vote. The bill includes a range of provisions benefiting biofuel and bioenergy prodcution.

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The EPA on Aug. 1 opened a 15-day comment period on two additional peer review candidates that are under consideration to serve on an external expert panel to peer review the EPA's third triennial report to Congress on biofuels and the environment.

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Calumet Specialty Products Partners L.P. expects to begin producing renewable diesel at its facility in Great Fall, Montana, within the next 60 to 70 days, according to comments made by CEO Todd Borgmann during a Q2 earnings call on Aug. 5.

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RFA provides input on future of California's LCFS

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By Renewable Fuels Association

August 08, 2022

In comments filed with the California Air Resources Board on Aug. 8, the RFA stressed that the next iteration of the state's LCFS must be technology-neutral and allow low-carbon renewable fuels to compete fairly.

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