From power plants to steel mills to hospitals, the continued global push to decarbonize may lead to new market opportunities for wood pellet producers.
The government of Singapore has unveiled an action plan that aims to decarbonize the country’s aviation sector. The program will, in part, require flights departing Singapore to be fueled with sustainable aviation fuel (SAF) starting in 2026.
Legislation currently pending in Washington state aims to require airport operators to make a minimum 10% blend of sustainable aviation fuel (SAF) available to private jets owned by individuals or businesses once certain conditions are met.
Legislation introduced in the New Jersey Senate on Jan. 29 aims to establish a low-carbon transportation fuel standard (LCTFS) that would reduce the average carbon intensity (CI) of gasoline and diesel by 10% below a 2019 baseline by 2030.
The U.S. EIA expects average U.S. retail gasoline prices to decrease in 2024 because of increased inventories related to increased refinery capacity. In 2025, slightly reduced gasoline consumption is expected to further decrease prices.
A report filed with the USDA Foreign Agricultural Service’s Global Agricultural Information Network estimates that Canadian wood pellet production was down 6 percent in 2023, with exports down 14 percent.
Legislation introduced in the New Mexico House of Representatives on Jan. 3 aims to establish a technology-neutral clean transportation fuel standard that would reduce the carbon intensity of transportation fuels by at least 30 percent by 2040.
The International Energy Agency released a new report on Jan. 11, Renewables 2023, predicting that global biofuel demand will expand by 38 billion liters (10.4 billion gallons) between 2023 and 2028.
The U.S. Department of Commerce’s International Trade Administration has announced its Renewable Energy and Energy Efficiency Advisory Committee will hold an in-person meeting on Jan. 25 in Washington, D.C.
Taiwan is considering the use of wood pellets to help boost its use of renewable energy, according to a report filed with the USDA. The opportunity could translate into a $300 million opportunity for wood pellet producers.
Rep. Mariannette Miller-Meeks, R-Iowa, on Dec. 7 introduced a bill that aims to allow companies to preserve renewable identification number (RIN) credits under the Renewable Fuel Standard for renewable fuel used in ocean-going vessels.
The California Air Resources Board has identified the Low Carbon Fuel Standard as a critical program to help California achieve carbon neutrality by 2045 and to improve air quality in the state, according to the Low Carbon Fuels Coalition.
The U.S. Department of Commerce’s International Trade Administration has announced its Renewable Energy and Energy Efficiency Advisory Committee will hold a virtual meeting on Nov. 30. The meeting is open to the public, but registration is required.
Valero reports strong Q3 for biofuels
November 28, 2023
Valero Energy Corp. released Q3 financial results on Oct. 26, reporting significantly higher earnings and production volumes for its ethanol segment. Renewable diesel sales volumes were also up and the company’s SAF project remains on schedule.
At the inaugural North American SAF Conference & Expo, panelists discussed opportunities, risks and challenges regarding feedstock for the momentous SAF industry.
Geoff Cooper, president and CEO of the RFA, discusses how U.S. EPA regulations have caused the number of flex-fuel vehicles (FFVs) capable of running E85 to plummet in recent years, from 2.8 million in 2014 to less than 350,000 in 2022.
The USGC conducted several events across Asia this summer to inform local government officials and industry leaders about the positive impact of implementing higher ethanol blends in their countries.
The U.S. Department of Commerce’s International Trade Administration has announced the Renewable Energy and Energy Efficiency Advisory Committee will hold an in-person meeting on Sept. 21 in Washington, D.C.
A new E85 conversion kit could complement the rise of EVs by giving drivers plug-in electric hybrid vehicles capable of running on high blends of ethanol. Whether Tuomo Isokivijärvi is meeting with venture capitalists in Palo Alto, California, Finland or anywhere else in the world, he’s usually trying to explain how his company’s E85-based conversion kit technology applies to current and future light-duty passenger vehicles. He doesn’t shy away from explaining the limitations of electric vehicles—why EVs alone won’t be able to fulfill the transportation needs of the world anytime soon, despite what many investors have been repeatedly told.
To showcase the benefits and opportunities of blending ethanol with gasoline, the USGC hosted a Latin American delegation with representatives from Guatemala, Costa Rica, Panama, Chile, Peru and Colombia in early August.
USGC’s Southeast Asia and Oceania office recently held a Philippine DDGS Opportunity Tour, in which experts from around the world discussed ways to optimize Philippine animal feed rations, including DDGS.
Canadian fuel ethanol consumption increased approximately 20 percent last year while Canadian imports of fuel ethanol produced in the U.S. were up an estimated 40 percent, according to a report filed with the USDA.
U.S. fuel ethanol production was down 2 percent the week ending Aug. 18, according to data released by the U.S. Energy Information Administration on Aug. 23. Ethanol stocks were down nearly 3 percent while exports were up 19 percent.
University of Central Florida researchers have achieved new record-setting power density for ethanol fuel cells, helping advance the technology as a competitor to fossil fuels and electric car batteries.
The U.S. EIA maintained its forecasts for 2023 and 2024 fuel ethanol production in its latest Short-Term Energy Outlook, released Aug. 8. The forecast for 2023 ethanol blending was also maintained, but the 2024 blending forecast was revised down.
The U.S. exported 111.91 million gallons of ethanol and 949,904 metric tons of distillers grains in June, according to data released by the USDA Foreign Agricultural Service on Aug. 8. Year-to-date exports of both products are down when compared to the same period of 2022.
U.S. Grains Council leaders, Chairman Josh Miller and President and CEO Ryan LeGrand, traveled to Seoul, South Korea, in July for the 2023 Role of EcoFriendly Fuels in Realizing 2050 Carbon Neutrality symposium.
Sens. Amy Klobuchar, D-Minn., and Pete Ricketts, R-Neb., on July 27 introduced the Flex Fuel Fairness Act, a bill that aims to provide meaningful incentives for automakers to manufacture FFVs in addition to battery electric vehicles.
This summer, the U.S. Grains Council participated in the Pan American Conference on Biofuels held in Buenos Aires, Argentina, with a special focus on the opportunities for expansion of consumption and production of liquid biofuels in the region.
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