July 26, 2022
BY Global Centre for Maritime Decarbonisation
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Neste has revised down its 2024 guidance for renewable products, citing substantially reduced diesel prices. The company said waste and residue feedstock prices have not decreased and renewable product market price premiums have remained weak.
The U.S. Energy Information Administration on Sept. 10 began publishing new monthly forecasts for renewable diesel and other biobased fuels to better capture how biofuels are being consumed and overall demand for distillate fuels.
Cepsa has undertaken its first direct supply of second-generation biofuels for the cruise industry at the Port of Barcelona. The supplied fuel contains a 24% sustainable component and has been produced from used cooking oil.
The Sustainable Advanced Biofuel Refiners Coalition, a national biodiesel trade association made up of nearly 60 organizational members, submitted comments Aug. 27 to CARB on proposed changes to the state’s LCFS.
The U.S. DOE on Aug. 28 released its annual U.S. Energy and Employment Report, reporting that bioenergy electric power generation (EPG) jobs were up slightly last year. Employment in wood biomass and cellulosic fuels were also up.