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Biden signs new SAF, hydrogen, clean fuel tax credits into law

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By Erin Krueger

August 16, 2022

Feedstocks Policy Business Operations Markets Coproducts 

President Joe Biden on Aug. 16 signed the Inflation Reduction Act into law, calling the legislation the "biggest step forward in climate—ever" and stressing it will allow the U.S. to boldly take additional steps towards meeting its climate goals.

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Thailand's consumption of fuel ethanol is expected to increase in 2022, but remain below pre-COVID levels, according to a report filed with the USDA Foreign Agricultural Service's Global Agricultural Information Network.

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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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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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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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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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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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In a recently signed contract, ICM, Impacto Energia S/A and its sister company, Impacto Bioenergia, have agreed to build a new dry-mill ethanol production facility in Bahia, Brazil, with an estimated Q1 2025 start date.

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Aemetis Inc. released Q2 financial results on Aug. 3, reporting renenues of $65.9 million, up 20 percent when compared to the second quarter of 2021. The company also dicussed its biogas, advanced biofuel and CCS projects.

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UNICA, the Brazilian sugarcane industry association, has announced ethanol production during the first half of July was up when compared to the same period of last year. Ethanol sales were up also up slightly during the two-week period.

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The U.S. exported 101.48 million gallons of ethanol and 1.01 million metric tons of distillers grains in June, according to data released by the USDA Foreign Agricultural Service on Aug. 4. Exports of both products were up when compared to June 2021.

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U.S. operatable biofuels production capacity was down slightly in May, according to data released by the U.S. Energy Information Administration on July 29. Feedstock consumption, however, was up when compared to both the prior month and May 2021.

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The Andersons Inc. on Aug. 2 announced the company achieved record quarterly results during Q2 2022. The company's renewables segment, which includes its ethanol operations, generated record pretax income for the three-month period.

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U.S. fuel ethanol production was up 2 percent the week ending July 29, according to data released by the U.S. Energy Information Administration on Aug. 3. Weekly ending stocks of fuel ethanol were up slightly.

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Green Plains Inc. operated its facilities at 97 percent capacity during the second quarter of 2022 and expects to break ground on its first commercial-scale clean sugar facility this month, according to comments made by CEO Todd Becker on Aug. 2.

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Western New York Energy has completed a $38 million expansion to produce high-purity alcohol products under the ClearSource brand. The 6,000 square-foot expansion will enable WNYE to produce 15 million gallons of alcohol annually.

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Valero Energy Corp. released second quarter financial results on July 28, reporting record high renewable diesel production volumes and the sale of the company's 110 MMgy ethanol plant located in Jefferson, Wisconsin.

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Novozymes introduces Innova Apex and Innova Turbo to the Innova platform. Innova Apex and Turbo are tailored to work in specific fermentation times, enabling ethanol producers to maximize their fermentation process.

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U.S. fuel ethanol production was down more than 1 percent the week ending July 22, according to data released by the U.S. Energy Information Administration on July 27. Weekly ending stocks of fuel ethanol were also down 1 percent.

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The Nebraska ethanol industry produced over 2.25 billion gallons in 2019, resulting in a value of production for ethanol and co-products of greater than $4.04 billion, according to a new University of Nebraska–Lincoln study.

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Archer Daniels Midland Co. on July 26 reported its ethanol-related business segements benefited from good gasoline demand, strong ethanol blending economics and $50 million in COVID-19 relief funds during the second quarter.

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The U.S. EPA has released updated renewable identification number (RIN) data showing that nearly 1.85 billion RINs were generated under the Renewable Fuel Standard in June, up from 1.77 billion RINs generated during the same month of 2021.

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UNICA, the Brazilian sugarcane industry association, has released new data showing that sugarcane processing and ethanol production were both down in during the second half of June. Ethanol sales were also down slightly.

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Record-high prices are motivating ethanol producers to explore all available options to maximize corn oil recovery. Advanced technology, specialized equipment and informed operational strategies are taking yields to new heights.

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The USDA recently released its Grain Crushings and Co-Products Production report for July, reporting that corn use for fuel ethanol production in May was up when compared to the previous month, but down when compared to May 2021.

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U.S. fuel ethanol production increased by nearly 3 percent the week ending July 15, according to data released by the U.S. Energy Information Administration on July 20. Stocks of fuel ethanol were down slightly.

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Verbio Grand Opening

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By Katie Schroeder

July 19, 2022

Germany's Verbio has unveiled its first North American biorefinery in Iowa. After completion of its second phase of construction next year, it will produce both RNG and ethanol. The biogas is cellulosic, the alcohol will be corn derived.

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Ethanol is expected to account for 9.3 percent of India's gasoline supply in 2022, up 15 percent when compared to 2021, according to a report filed with the USDA Foreign Agricultural Service's Global Agricultural Information Network.

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Ethanol consumption in the European Union was up an estimated 5.5 percent last year, surpassing the pre-COVID level of 2019 and setting a new record. EU ethanol consumption is expected to expand an additional 2.3 percent this year.

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The first carbon capture and storage (CCS) project allowed under state primacy in the U.S. has commenced operations. Red Trail Energy LLC officially began CCS at its ethanol facility located near Richardton, North Dakota, on June 16.

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