


March 25, 2014
BY Sue Retka Schill
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Renewables are expected to account for 26% of U.S. electricity generation in 2026, increasing to nearly 28% in 2027, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released Aug. 11.
The U.S. Energy Information Administration maintained its 2026 and 2027 production forecasts for biodiesel, renewable diesel and sustainable aviation fuel (SAF) in its latest Short-Term Energy Outlook, released Aug. 11.
XCF Global Inc., an emerging U.S.-based producer of renewable diesel and SAF, on Aug. 7 provided an operational update on renewable diesel production, initial fuel sales and ongoing optimization work at its New Rise Renewables Reno facility.
Power Wood Holdings Ltd. has agreed terms for an investment of up to CA$84 million into its development of two advanced black pellet production facilities in Northern Alberta, the company announced on Aug. 4.
Phillips 66 on Aug. 5 reported the company’s renewable fuel segment achieved significantly higher pre-tax income during the second quarter due to higher regulatory credits from higher pricing and renewable fuels production.