April 30, 2024
BY Erin Voegele
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The U.S. EIA increased its forecast for 2026 renewable diesel production in its latest Short-Term Energy Outlook, released May 12. The 2026 forecasts for biodiesel and other biobased diesel fuels, which includes SAF, were maintained.
Calumet Inc. on May 8 confirmed that the MaxSAF expansion at its Montana Renewables facility was completed on time and on budget. The facility has resumed operations and now has the capacity to produce 150 MMgy of SAF.
Gevo Inc. on May 7 confirmed the company has received nonbinding indications of interest from multiple parties regarding efforts to finance its proposed AtJ project in North Dakota. Efforts to boost ethanol production capacity are also progressing.
Aemetis Inc. on May 7 released Q1 results, reporting a 27% increase in revenues with growth across its ethanol, RNG and biodiesel segments. Plans for a proposed renewable diesel and SAF plant continue to be impacted by 45Z guidance delays.
Topsoe has entered into an agreement with Texas based, BioVeritas. The agreement will enable fuel producers to license Topsoe’s HydroFlex technology alongside the BioVeritas Process to produce renewable fuels from second-generation feedstocks.