
SOURCE: U.S. Department of Energy
December 19, 2024
BY U.S. Department of Energy
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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.
Axens has signed a memorandum of understanding (MOU) with Airbus to strengthen their cooperation in the development and deployment of sustainable aviation fuel (SAF), a key pillar for decarbonizing the aviation sector.
Repsol on March 10 announced plans to invest up to EUR 10 billion ($11.61 billion) in its operations through 2028, with a portion of that investment dedicated to low-carbon projects, including renewable fuels.
Gevo Inc. on March 5 announced plans to expand capacity at its North Dakota ethanol plant to 75 MMgy. The company also plans to make a final investment decision on the development of an adjacent SAF project later this year.
The European Union Aviation Safety Agency has published the “2025 Aviation Fuels Reference Prices for ReFuelEU Aviation” briefing note, which provides key reference prices for SAF and other relevant aviation fuels for the European Union.