July 31, 2024
BY United Airlines
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The American Biofuels Maritime Initiative, a unified group of bioenergy stakeholders co-chaired by the American Biogas Council and the Renewable Fuels Association, announced its official launch on Dec. 11
In 2025, SAF output is expected to reach 1.9 million metric tons (Mt) (2.4 billion liters), double the 1 Mt produced in 2024, according to the IATA. However, in 2026, SAF production growth is projected to slow down and reach 2.4 Mt.
Darling Ingredients Inc. has announced an agreement to sell approximately $60 million of production tax credits to a corporate buyer. These credits were generated under the IRA by the company’s Diamond Green Diesel joint venture.
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.
A new economic analysis finds that EPA’s proposal to assign 50% of the RIN credits to imported biofuels and biofuels made from imported feedstocks compared to domestic would strengthen domestic soybean markets.