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Senators urge Treasury to implement domestic feedstock requirements for 45Z credit

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By Erin Voegele

August 02, 2024

Policy Business 

Sens. Sherrod Brown, D-Ohio, and Roger Marshall, R-Kan., and 13 of their colleagues are urging Treasury Secretary Janet Yellen to restrict the 45Z Clean Fuel Production Credit to fuels made from domestic feedstocks.

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Verbio has commenced the commercial production of corn-based ethanol at its 60 MMgy biorefinery facility in Nevada, Iowa. The facility also has the capacity to produce 2.3 million MMbtu of RNG.

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Nexus Development Capital LLC has announced an investment of approximately $9 million in Castlerock Biofuels LLC, a joint venture company led by Ensyn Corp. and Castlerock Green Energy LLC.

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Boeing and Clear Sky are joining forces to accelerate sustainability solutions for aviation. As an initial project, the companies will help in testing and advancing Firefly Green Fuels’ cutting-edge technology to increase SAF production in the U.K.

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The biogas reform clock is ticking as Oct. 1 is the deadline to re-register existing facilities to ensure continuous renewable identification number (RIN) credits generation under the Renewable Fuel Standard in 2025.

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Recent studies by Iowa State University researchers explore the economic feasibility of grass-to-RNG production in different settings and from varying perspectives. The analysis helps flesh out the system’s win-win potential.

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Neste and HELLENiQ ENERGY, one of Southeast Europe's leading energy groups, have collaborated to deliver blended Neste MY Sustainable Aviation Fuel to HELLENiQ ENERGY’s facilities in Thessaloniki, Greece.

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Clean Energy Fuels Corp. has announced the opening of its latest renewable natural gas (RNG) fueling station in Davenport, Florida. The site is now providing RNG to heavy-duty trucking and other fleets operating busy routes.

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Green Impact Partners Inc. has finalized the carbon credit pathways under the Alberta Technology Innovation and Emissions Reduction program for its flagship project, the Future Energy Park, to be located in Calgary, Alberta.

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United on July 31 became airline to purchase SAF for use at O'Hare International Airport (ORD) and Gov. JB Pritzker joined the airline's leadership at ORD to highlight the role that Illinois' SAF tax credits played in bringing SAF to the facility.

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JetBlue and World Fuel Services, a World Kinect company, on July 31 announced a new commercial agreement to bring the first regular supply of blended SAF, provided by Valero Marketing and Supply Co. to JFK Airport as early as Q4 2024.

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Airbus, the Air France-KLM Group, Associated Energy Group, LLC, BNP Paribas, Burnham Sterling, Mitsubishi HC Capital Inc. and Qantas Airways Limited co-invested in a SAF financing fund to accelerate the production of SAF.

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Phillips 66 on July 30 confirmed its Rodeo Renewable Energy Complex in California will begin producing sustainable aviation fuel (SAF) during the third quarter. The company also expects renewable diesel margins to improve later this year.

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CVR Energy Inc. on July 29 reported that the renewable diesel unit at its Wynnewood refinery in Oklahoma processed nearly 12 million gallons of feedstock during Q2. The company continues to consider a pivot to SAF production.

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Hyliion Holdings Corp. on June 29 announced the signing of a non-binding letter of intent (LOI) with U.S. Energy to will place a 200kW KARNO generator at a U.S. Energy RNG fueling station to ensure reliable and efficient power at the site.

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Drax Group plc on July 26 reported wood pellet production volumes and margins were both up during the first half of 2024. The company also reported progress with BECCS projects in both the U.K. and abroad.

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Thailand’s newly proposed National Energy Plan is expected to set a target for sustainable aviation fuel (SAF) starting in 2026, according to a report filed with the USDA. The plan also includes targets for ethanol and biodiesel.

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International Airlines Group has reached an agreement with the multi-energy company Repsol for the purchase and supply during the next six months of more than 28,000 metric tons of sustainable aviation fuel (SAF).

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The U.S. DOE’s Bioenergy Technologies Office has released a RFI to provide industry and government with information to guide further innovation of cleaner and more efficient wood stoves and the best use of renewable wood feedstocks.

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Biofuel leaders respond to court decision on SREs

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By Renewable Fuels Association, Growth Energy, American Coalition for Ethanol

July 26, 2024

The U.S. Court of Appeals for the D.C. Circuit on July 26 issued an order vacating most of the U.S. EPA’s 2022 denials of petitions for SREs from RFS obligations, and remanding those petitions to EPA for further proceedings.

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Researchers analyzed the financial and environmental costs and benefits of four biofuels crops used to produce SAF in the U.S. They found that each feedstock performed best in a specific region of the rainfed United States.

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Neste Corp. on July 25 released second quarter results, reporting that operational performance at the company’s facilities was solid during the three-month period despite a very challenging market environment for renewables.

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Valero Energy Corp. released Q2 financial results on July 25, reporting strong performance for both its ethanol and renewable diesel segments. The company’s SAF project in Texas remains on track to begin operations later this year.

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Viridi Energy announced on July 24 that it has signed a 20-year offtake agreement with Énergir, L.P., the largest natural gas distribution company in Quebec and sole pipeline natural gas distributor in Vermont.

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The Sustainable Aviation Fuel (SAF) Coalition responds to USDA request for information on biofuel feedstocks, encouraging the agency to ensure federal policies are science-based and technology and feedstock neutral.

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Clean Fuels Alliance America on July 25 submitted a highly detailed, technical response to USDA’s request for information on climate smart agriculture practices for biofuel feedstocks, and emphasized the need for immediate 45Z guidance.

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Firefly Green Fuels and Synagro Technologies Inc. have partnered to bring Firefly’s novel fuel-production techniques to the U.S. market. Synagro has agreed to be the exclusive supplier of the biosolids feedstock used in Firefly’s innovative process.

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Rep. Mike Carey, R-Ohio, on July 18 introduced legislation that aims to extend the existing $1 per gallon blenders tax credit for biodiesel and renewable diesel for one year, through the end of 2025.

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A bipartisan group of 16 senators and 36 representatives on July 23 sent a letter to U.S. Treasury Secretary Janet Yellen urging her agency to take immediate action to finalize the rules to implement the 45Z clean fuel production credit.

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Clean Energy Fuels Corp. announced it has broken ground on a renewable natural gas (RNG) production facility at South Fork Dairy in Dimmitt, Texas. Construction on the project is expected to be complete in 2025.

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