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EIA: Densified biomass fuel sales reach 960,000 tons in December

SOURCE: U.S. Energy Information Administration

March 27, 2024

BY Erin Voegele

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Colorado governor signs bill creating new SAF tax credit

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By Erin Krueger

2 hours ago

Sustainable Aviation Fuels Business Markets Policy 

Colorado Gov. Jared Polis on June 3 signed HB 26-1289, a legislative tax package that creates a new tax credit to encourage the purchase of SAF. The bill also repeals an existing tax credit that supports construction of SAF facilities.

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Circularity Fuels on June 15 announced it has completed the world’s first end-to-end conversion of raw agricultural biogas into SAF. The fuel was produced during a six-month pilot run on biogas produced at a California dairy farm.

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The International Air Transport Association highlighted Brazil’s opportunity to become a sustainable aviation fuel (SAF) powerhouse as its 82nd Annual General Meeting gathered in Rio de Janeiro, Brazil.

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Renewables are expected to account for 26% of U.S. electricity generation in 2026, increasing to 27% in 2027, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released June 9.

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The U.S. exported 933,792.6 metric tons of wood pellets in April, down 15% when compared to March, but up 10% when compared to April 2025, according to data released by the USDA Foreign Agricultural Service on June 9.

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