SOURCE: U.S. Department of Energy
January 15, 2025
BY U.S. Department of Energy
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The International Maritime Organization’s Net-Zero Framework is expected to accelerate demand for biofuels. By 2030, biofuel demand for maritime use could grow by up to 25 million metric tons; one-third of global demand.
Repsol has achieved a new technological milestone by producing gasoline from 100% renewable sources on an industrial scale. The product is made entirely from renewable sources and is fully compatible with gasoline vehicles.
Gulfstream Aerospace Corp. on Oct. 13 announced its fleet of corporate, demonstration and support aircraft has surpassed 3 million nautical miles flown on SAF. The company plans to increase its SAF usage by 50% this year.
Gevo Inc. on Oct. 14 announced the U.S. Department of Energy’s Loan Programs Office has granted the company an extension of the conditional commitment for the $1.46 billion loan guarantee for its proposed sustainable aviation fuel (SAF) project.
The U.S. EIA maintained its forecasts for 2025 and 2026 renewable diesel production in its latest Short-Term Energy Outlook, released Oct. 7. The production outlook for “other” biofuels, which includes SAF, was also unchanged.