The U.S. ethanol industry delivered a very strong Q2, according to the latest quarterly report issued by CoBank's Knowledge Exchange on July 14. Ethanol profits and production remain robust despite record gas prices, according to the report.
Gevo Inc. has announced a new fuel sales agreement with Aer Lingus, which is owned by International Airlines Group. The agreement provides for Aer Lingus to purchase 6.3 million gallons per year of sustainable aviation fuel (SAF) for five years.
U.S. biofuels consumption has risen in 2022 and that growth is expected to continue, according to the U.S. EIA's latest Short-Term Energy Outlook, released July 13. Renewable diesel is expected to account for much of the increase.
U.S. fuel ethanol production fell nearly 4 percent the week ending July 8, according to data released by the U.S. Energy Information Administration on July 13. Ethanol stocks expanded by nearly 1 percent.
USIPA applauds the Committee on Industry, Research and Energy (ITRE) for putting forth increased climate ambitions in it's vote on the RED, but is calling on the European Parliament to address overly restrictive language on woody biomass.
Clean Energy Systems Inc. announced July 12 that it entered into an agreement to acquire the idled Madera Biomass Power Plant in California. CES intends to convert the existing facility into a biomass carbon removal and storage (BiCRS) facility.
Renewable energy company Drax has submitted plans to build the world's largest carbon capture facility at its North Yorkshire power station. The company plans to invest £2 billion in the 2020s in its plans to develop two BECCS units.
The prices of RIN credits—a compliance mechanism used for the RFS program administered by the U.S. EPA—have remained high in 2022. So far this year, D4 RINs peaked on April 28 at $1.91 per gallon and D6 RINs peaked on June 7 at $1.68 per gallon.
The prices of RIN credits—a compliance mechanism used for the RFS program administered by the U.S. EPA—have remained high in 2022. So far this year, D4 RINs peaked on April 28 at $1.91 per gallon and D6 RINs peaked on June 7 at $1.68 per gallon.
Renewables are expected to account for 22 percent of U.S. electricity generation this year, increasing to 24 percent in 2023, according to the U.S. Energy Information Administration's latest Short-Term Energy Outlook, released July 13.
The European Parliament's ITRE Committee members voted on July 13 in favor of increasing the ambition for GHG emissions reduction in transport and allowing Member States to continue using a limited amount of crop-based biofuels.
Clean Fuels Alliance America on July 13 wrote to President Joe Biden and other administration officials to highlight the biodiesel and renewable diesel industry's contribution to job growth in the clean energy sector.
The U.S. Energy Information Administration increased its forecasts for 2022 and 2023 fuel ethanol production in its latest Short-Term Energy Outlook, released July 13. The forecast for 2023 fuel ethanol consumption was also increased.
CES to convert California biomass plant to carbon removal project
By Clean Energy Systems Inc.
July 13, 2022
Clean Energy Systems Inc. announced July 12 that it entered into an agreement to acquire the idled Madera Biomass Power Plant in California. CES intends to convert the existing facility into a biomass carbon removal and storage (BiCRS) facility.
For the first time in aviation history a CORSIA certified batch of SAF was delivered to a commercial airline. Neste delivered a batch of its Neste MY Sustainable Aviation Fuel to American Airlines at San Francisco International Airport.
Ahead of a USDA agricultural trade mission to the U.K., U.S. Grains Council staff met with government and industry officials in Paris and Brussels to assess the status of ethanol in the EU and to further share the benefits of U.S. ethanol.
Fulcrum BioEnergy Inc. on July 12 announced a $20 million equity investment in by SK Innovation, the energy arm of South Korea's SK Group. The two companies will also work together to enter into an exclusive licensing agreement.
The USDA maintained its forecast for 2022-'23 corn use in ethanol in its latest World Agricultural Supply and Demand Estimates report, released July 12. The 2022-'23 corn outlook is for increased supplies and higher ending stocks.
In a move designed to provide additional, efficacious solutions for growers of traditional row crops, Certis Biologicals and Novozymes are jointly developing their technologies as solutions for highly effective control of fungal disease.
The USDA maintained its forecast for 2022-'23 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released July 12. The 2022-'23 soybean outlook is for lower production and lower prices.
Leading renewable energy company Drax Group and Japanese shipping company MOL Drybulk Ltd. are working together to reduce the emissions and fuel costs associated with shipping biomass by deploying wind power technology on its vessels.
The U.S. Energy Information Administration recently released data showing U.S. manufacturers produced approximately 920,000 tons of densified biomass fuel in March, with sales reaching 880,000 tons.
Michael Lu, U.S. Grains Council's director in Taiwan, discussed the benefits of ethanol blended fuels at the International Trend of Net Zero and Low-Carbon Technology Development Forum, an event organized by the Taiwan EPA and EDF in June.
European ethanol producer CropEnergies AG on July 6 released financial results for its fiscal first quarter, reporting higher ethanol production volumes, increased revenues and improved operating profit.
A new corn germplasm resource developed by Agricultural Research Service scientists in Wooster, Ohio, is now available to use for breeding commercially grown varieties that can withstand the synergistic viral disease, maize lethal necrosis (MLN).
The Michigan Soybean Committee has announced formation of the Michigan Advanced Biofuels Coalition (MiABC), which promotes the use of advanced biofuels, including biodiesel, renewable diesel and sustainable aviation fuel (SAF).
Neste and World Fuel Services (World Fuel) announce that World Fuel is now an authorized branded distributor of Neste MY Sustainable Aviation Fuel. Paris-Le Bourget Airport is the first location in France where World Fuel delivered Neste's SAF.
Drax on July 6 announced it is continuing to optimize its biomass generation and logistics and will temporarily extend the life of its coal generation assets in response to increased pressure on European gas markets.
The European Parliament on July 7 voted 334 to 95 to adopt draft rules for the ReFuelEU initiative, which aims to require sustainable aviation fuel (SAF) to account for at least 85 percent of EU aviation fuel by 2050.
The European Parliament on July 7 voted 334 to 95 to adopt draft rules for the ReFuelEU initiative, which aims to require sustainable aviation fuel (SAF) to account for at least 85 percent of EU aviation fuel by 2050.
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