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White House releases interagency report to advance biotechnology and biomanufacturing for robust economic growth

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By U.S. Department of Energy

November 19, 2024

Policy 

The Biden-Harris administration released a new report, Building a Vibrant Domestic Biomanufacturing Ecosystem, to advance biotechnology and biomanufacturing as part of a broader national bioeconomy implementation plan.

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Corteva Inc. has announced plans to form a joint venture with bp focused on feedstock production for SAF. The company plans to grow proprietary Corteva mustard seed, sunflower and canola feedstocks well-suited for SAF production.

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The IRS has issued proposed regulations to implement the energy efficient home improvement credit, as modified by the Inflation Reduction Act of 2022, including provisions of the Section 25 tax credit pertaining to wood stoves.

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Aemetis Inc. on Nov. 12 released Q3 financial results, reporting increased revenue for its California ethanol, India biodiesel and dairy RNG business segments. Development also continues on the company’s SAF and CCS projects.

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Novilla Investment Holdings LLC, through its wholly owned subsidiary, Buckhorn RNG LLC, announced on Nov. 9 that it has begun operations at its renewable natural gas (RNG) facility at Lynn Brothers Dairy in Unity, Wisconsin.

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NewEnergyBlue and Finland-based MetGen on Nov. 18 began integrating their renewable technologies and business units to vigorously compete with fossil-carbon products not just environmentally but economically.

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Anaergia Inc. announced on Nov. 11 that its subsidiary, Anaergia Services LLC has entered into a long-term operations and maintenance (O&M) contract with Rialto Bioenergy Solutions LLC, an affiliate of Sevana Bioenergy LLC.

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The American Biogas Council on Nov. 15 issued a statement congratulating Sen. John Thune, R-S.D., on his election as the next Senate Majority Leader, noting he has long advocated on behalf of the U.S. biogas industry.

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NY Waterway, which operates the largest ferry fleet between New Jersey and New York, has completed its trial of renewable diesel fuel and is moving forward with efforts to transition a significant portion of its fuel usage to the renewable fuel.

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Sora Fuel, a venture-backed startup that produces SAF using only water, air, and renewable energy, and Emerging Fuels Technology Inc., a leader in converting renewable feedstocks into SAF, have signed a technology cooperation agreement.

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The U.S. Department of Energy on Nov. 14 announced $20.2 million in funding for 10 university and industry projects spanning seven states to advance mixed algae development for low-carbon biofuels and bioproducts.

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The USDA on Nov. 14 awarded $256.56 million in loans and grants to more than 1,100 clean energy projects under the Renewable Energy for America Program. A portion of that funding will support biogas and renewable natural gas (RNG) projects.

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Japan-based Renova Inc. on Nov. 6 announced the startup of its 49.9-MW Karatsu Biomass Power Plant will be delayed. The facility, originally scheduled to begin operations in December, is now expected to be operational in March 2025.

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A group of 36 biofuel, biogas, agriculture, energy and fuel retailer trade groups on Nov. 13 sent a letter to federal lawmakers urging Congress to extend several expiring tax credits during its Lame Duck session.

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Clean Fuels Alliance America and nine national and state associations on Nov. 14 wrote to House and Senate leaders requesting a one-year extension of the §40A Biodiesel and Renewable Diesel Tax Incentive.

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Alfa Laval has secured two contracts to supply cutting-edge HVO pre-treatment technology to Europe's largest biofuel facility. The facility will produce 500,000 metric tons of SAF and renewable diesel annually.

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Topsoe has signed an agreement with Refinaria de Petróleo Riograndense SA to provide its HydroFlex and H2bridge technologies for SAF and renewable diesel production at Riograndense’s Rio Grande renewable fuels plant in Brazil.

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The U.S. Energy Information Administration currently expects renewables to account for 23% of U.S. electricity generation this year, increasing to 25% in 2025, according to the agency’s latest Short-Term Energy Outlook, released Nov. 13.

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The U.S. Energy Information Administration maintained its 2024 and 2025 forecasts for the production of biodiesel, renewable diesel and other biofuels, including SAF, in its latest Short-Term Energy Outlook, released Nov. 13.

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The U.S. EPA on Nov. 12 delivered a proposed rule to the White House OMB pertaining to the RFS. The title of the proposal indicates the rule would waive a portion of the 2024 cellulosic RVO and offer an extension of the 2024 compliance deadline.

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The U.S. Department of Energy on Nov. 13 announced the release of its latest Pathways to Commercial Liftoff report, which underscores the near-term potential for sustainable aviation fuel (SAF) to meaningfully decarbonize the aviation sector.

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On Nov. 13, U.S. EPA Administrator Michael S. Regan announced the appointment of 18 new members and reappointment of 6 members to the Farm, Ranch, and Rural Communities Federal Advisory Committee.

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Greenlane Renewables Inc. on Nov. 12 announced it has secured a $6.5 million contract to provide a new system for upgrading biogas produced at a landfill in Canada into pipeline-quality renewable natural gas (RNG).

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Drax Group and Smart Green Shipping are partnering on a groundbreaking project, to develop and use innovative wind-assisted “FastRig” technology, which will be used to help decarbonize the shipping sector.

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The success of this season will depend upon the length and depth of winter, and the resulting rate of depletion on the amassed inventory

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Policy and Project Development

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By Anna Simet

November 13, 2024

A frigid La Niña winter is predicted, but only time will tell if it plays out like expected, and as the industry hopes it will.

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Drax Group plc on Nov. 12 reported its pellet production business is performing well on increased production and improved margins. The company is also working to develop new market opportunities for pellets, including SAF feedstock.

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President-elect Donald Trump on Nov. 11 announced he will nominate Lee Zeldin to serve as administrator of the U.S. EPA. Zeldin previously served as a member of Congress, where he cosponsored legislation to repeal and revise the RFS.

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Neste and Air Canada have signed an agreement for the supply of 60,000 metric of neat Neste MY Sustainable Aviation Fuel. Neste will deliver the SAF, blended with conventional jet fuel, to the Vancouver marine terminal starting in December 2024.

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NATSO, representing truck stops and travel centers, and SIGMA: America’s Leading Fuel Marketers, on Nov. 8 urged Congress to take action during the Lame Duck session to extend the $1 per gallon biodiesel blenders’ tax credit.

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