
SOURCE: U.S. Department of Energy
February 13, 2024
BY U.S. Department of Energy
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Sen. Marsha Blackburn, R-Tenn., on Dec. 2 introduced the Consumer Relief and Opportunities for Producers Act, which aims to temporarily reinstate the $1 per gallon biodiesel blenders tax credit for six months, through May 31, 2026.
Carolina Renewable Products has officially broken ground on its first renewable diesel facility in Orangeburg County, marking the launch of a $280 million clean-energy investment that will create 155 jobs over the next five years.
Luxury FBO Million Air Austin (KAUS) and leading fuel supplier Avfuel Corp. came together to boost sustainable aviation operations at Austin Bergstrom International Airport with the addition of sustainable aviation fuel (SAF).
California Ethanol + Power and the Imperial Valley Economic Development Corp. on Dec. 11 announced that Sugar Valley Energy has been selected to receive a Jobs First Grant through the Southern Border Jobs First Collaborative.
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.