
November 11, 2024
BY Fazal Allahwala
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XCF Global Inc., an emerging U.S.-based producer of renewable diesel and sustainable aviation fuel (SAF), on July 9 announced that its New Rise Renewables Reno facility has begun producing renewable fuels.
Renewables are expected to account for 26% of U.S. electricity generation this year, increasing to nearly 28% next year, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released July 7.
The European Parliament on July 8 voted to reject a proposed EU regulation that would have phased out the use of soybean oil as a biofuel feedstock by 2030. Representatives of the EU’s biobased diesel industry applauded the decision.
The U.S. exported 879,590.7 metric tons of wood pellets in May, down 6% when compared to April, but up 3% when compared to May 2025, according to data released by the USDA Foreign Agricultural Service on July 7.
Total U.S. operable biofuel capacity expanded slightly in April, with gains for renewable diesel and associated fuels. Ethanol capacity was down slightly, while biodiesel capacity remained unchanged, according to data released by the U.S. EIA.