
SOURCE: PETRONAS
November 14, 2025
BY PETRONAS
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Renewables are currently expected to account for more than 26% of U.S. electricity generation in 2026, expanding to 28% in 2027, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released Jan. 13.
The U.S. Energy Information Administration currently expects the production of renewable diesel and other biofuels, including SAF to expand in 2027, according to the agency’s latest Short-Term Energy Outlook, released Jan. 13.
PowerWood Canada Corp has agreed the purchase of 175 acres of land in northern Alberta from Mackenzie County to construct a rail spur for transporting advanced black biofuel pellets to Canada's tidewater.
California Gov. Gavin Newsom on Jan. 9 released a proposed 2026-27 state budget. Details published by the California Senate Committee on Budget and Fiscal Review indicate the proposed budget includes provisions for a new SAF tax credit.
XCF Global Inc. announced on Jan. 12 that it is evaluating financing options to support the construction of its New Rise Reno 2 facility. If constructed, New Rise 2 is expected to enable XCF to expand its SAF and renewable fuel platform.