
Tim Portz, Executive Director, Pellet Fuels Institute
May 21, 2025
BY Tim Portz
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Drax Group plc released a first quarter trading update on April 30, reporting that the company’s pellet production business is performing well, with a continued focus on cost reduction in its U.S. operations.
The House on April 30 passed the 2026 Farm Bill by a vote of 224 to 200. The bill includes several bioenergy provisions but does not include language enabling year-round E15 sales. A vote on a stand-alone E15 bill is expected May 13.
On April 29, the USDA announced an expanded partnership with the Export-Import Bank of the United States (EXIM) to increase domestic agricultural production and exports, while reducing the agricultural trade deficit. Alongside
Kentucky Gov. Andy Beshear on April 27 signed legislation that creates a tiered tax credit for SAF that allows taxpayers to claim up to $3 per gallon in incentives. The credit is slated to be in effect from Jan. 1, 2029, through the end of 2034.
BASF and Nutrien Ltd. have announced a collaboration that aims to make it easier for farmers to participate in low-CI biofuel programs, including those supported under the 45Z clean fuel production credit.