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EIA: US biofuel capacity expands in April

SOURCE: U.S. Energy Information Administration

July 9, 2024

BY Erin Krueger

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XCF Global announces agreement to acquire Paramount, California renewable fuel production facility

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By XCF Global Inc.

9 hours ago

Sustainable Aviation Fuels Business Advanced Biofuels 

XCF Global Inc. on Oct. 20 announced that it has entered into a definitive agreement to acquire a renewable fuel production facility in Paramount, California through a newly formed subsidiary of XCF, New Rise Renewables Paramount LLC.

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The USDA on Oct. 19 announced plans to launch a new Harvest Fuel Relief program to provide $8 billion to U.S. farmers to help offset high fuel costs. The one-time payments will be funded through the USDA’s CCC and administered by the FSA.

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The ASEAN Centre for Energy and Airbus have signed MOU) establishing a three-year cooperation program to support the development of sustainable aviation fuel (SAF) in the Association of Southeast Asian Nations (ASEAN).

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The IATA, Airbus, and Accenture released a SAF Environmental Attribute Certificate (EAc) Market study which estimates that corporate purchases could support between 1 million and 1.9 million metric tons of SAF by 2030.

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Researchers at Penn State have found that mixing manure with plant biomass can increase methane production — which is necessary for biogas — and improve the economic feasibility of farm-scale anaerobic digestion.

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