August 26, 2022
BY Cranfield University
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Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel (SAF), has appointed new leadership team members as part of an organizational change that primarily affects the company’s Renewable Products business.
Aemetis Inc. released fourth quarter financial results on March 12, reporting a 61% increase in renewable natural gas (RNG) production. The company also highlighted operations at its California ethanol plant and biodiesel facility in India.
The U.K. Trade Remedies Authority on March 12 announced it no longer plans to recommend the U.K. government implement countervailing duties on U.S. renewable diesel, citing the expiration of the biodiesel blenders tax credit (BTC).
Renewables are expected to account for nearly 26% of U.S. electricity generation this year, increasing to nearly 28% in 2027, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released March 10.
The U.S. EIA reduced its forecast for 2026 renewable diesel production in its latest Short-Term Energy Outlook, released March 10. The forecasts for the production of biodiesel and “other biofuel,” defined to include SAF, were maintained.