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CES to convert California biomass plant to carbon removal project

July 13, 2022

BY Clean Energy Systems Inc.

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Drax: US pellet business performs well in Q1

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By Erin Krueger

3 hours ago

Pellets Business UK Power 

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.

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Valero Energy Corp. on April 30 released first quarter financial results, reporting a profitable three-month period for both its ethanol segment and Diamond Green Diesel joint venture, which produces renewable diesel and SAF.

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Rep. Mike Carey, R-Iowa, has introduced the Strengthening Economic and Energy Development Act, a bill that aims to reinstate the $1 per gallon 40A biodiesel tax credit through 2029. Taxpayers could claim either the 40A credit or the 45Z credit.

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The government of Queensland, Australia, has announced it will invest $25 million to support a project that will enable renewable diesel production at Ampol’s Lytton oil refinery. The project could expand in the future to include SAF production.

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The American Biofuels Maritime Initiative, which includes members representing the ethanol and biogas industries, on April 23 sent a letter to U.S. Secretary of State Marco Rubio calling for strong U.S. leadership in IMO negotiations.

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