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UK government approves plans for Drax BECCS project

SOURCE: Drax Group

January 16, 2024

BY Erin Krueger

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EIA: Industrial sector expected to consume more wood for energy in 2025, 2026

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Renewables are expected to account for more than 24% of U.S. electricity generation in 2025, expanding to 26% in 2026, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released Dec. 9.

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The U.S. Energy Information Administration reduced its 2026 production forecast for renewable diesel in its latest Short-Term Energy Outlook, released Dec. 9. The production forecast for other biofuels, including SAF, was maintained.

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A group of five oil state senators on Dec. 8 sent a letter to U.S. EPA Administrator Lee Zeldin asking the agency to scrap plans to reallocate RFS renewable volume obligations (RVOs) waived via the small refinery exemption (SRE) program.

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