
April 30, 2024
BY Clean Fuels Alliance America
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The U.S. DOE on June 12 released an update of its 45ZCF-GREET model, which is used to calculate fuel emissions rates for the 45Z clean fuel production credit. Release of the model provides much-needed certainty for the U.S. renewable fuel industry.
U.S. Agriculture Secretary Brooke Rollins reiterated support for E15 and confirmed that release of USDA feedstock guidance related to the 45Z clean fuel production credit is imminent during a June 10 hearing held by the Senate Agriculture Committee.
Compliance credits for biomass-based diesel and ethanol have doubled in value since the start of this year. The credits, known as RINs, have increased in price, mostly because of higher U.S. biofuel blending targets.
The U.S. EIA maintained its 2026 and 2027 production forecasts for renewable diesel in its latest Short-Term Energy Outlook, released June 9. The production outlooks for “other biofuels,” defined to include SAF, were also maintained.
Earlier this year, the MIT Energy Initiative (MITEI) launched a major study to examine the sustainable fuel options for aviation, international shipping, long-haul trucking, and freight rail. The two-year study will be complete in 2028.