
SOURCE: U.S. Department of Energy
December 26, 2024
BY U.S. Department of Energy
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The U.S. Energy Information Administration reduced its 2026 production forecast for renewable diesel in its latest Short-Term Energy Outlook, released Dec. 9. The production forecast for other biofuels, including SAF, was maintained.
Reps. Sharice Davids, D-Kan.; Mike Flood, R-Neb.; Troy Carter, D-La.; and Tracey Mann, R-Kan., on Dec. 9 introduced legislation that aims to reinstate the 45Z clean fuel production credit premium for SAF and extend the 45Z credit through 2033.
XCF Global Inc. on Dec. 5 announced it has completed initial site work at New Rise Reno 2, including grading of the 10-acre parcel and construction of new access roads. The expansion project will boost SAF capacity to approximately 80 MMgy.
World Fuel Services has announced Norwegian Cruise Line Holdings carried out one of the first commercial biofuel bunkerings for a cruise vessel in Greece, with Norwegian Viva receiving a waste-based marine fuel blend in Piraeus.
Emirates and ENOC Group on Nov. 19 announced the signing of a memorandum of understanding (MOU) to explore and develop joint initiatives for the supply of sustainable aviation fuel (SAF) to Emirates at its Dubai hub.