SOURCE: Drax Group plc
October 15, 2025
BY Drax Group plc
Advertisement
Advertisement
Gevo Inc. on Oct. 14 announced the U.S. Department of Energy’s Loan Programs Office has granted the company an extension of the conditional commitment for the $1.46 billion loan guarantee for its proposed sustainable aviation fuel (SAF) project.
Renewable are expected to account for 24% of U.S. electricity generation in 2025, increasing to 26% in 2026, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released Oct. 7.
The U.S. EIA maintained its forecasts for 2025 and 2026 renewable diesel production in its latest Short-Term Energy Outlook, released Oct. 7. The production outlook for “other” biofuels, which includes SAF, was also unchanged.
USTC on Oct. 9 announced it has completed the acquisition of all remaining shares in CM Biomass, becoming the sole owner of the biomass company. CM Biomass trades approximately 3.7 million tons of woo pellets and ag residues annually.
An energy pilot program at Westchester County Airport in New York has confirmed that renewable diesel delivers both financial and environmental benefits. The county tested the biobased fuel on 64 pieces of ground service equipment.