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Forest Service offers funding to support wood energy projects

October 18, 2023

BY Erin Krueger

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Drax announces restructuring plan

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By Drax Group plc

14 hours ago

Pellets Business Power UK 

Drax on Feb. 3 announced plans to adapt its organizational structure to its evolving business. The company is launching a consulting process that could result in the reduction of more than 350 employees in the U.K. and U.S.

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Sen. Jerry Moran, R-Kan., on Feb. 2 introduced the bipartisan Securing America’s Fuels (SAF) Act. The bill aims to reinstate the 45Z clean fuel production credit premium for sustainable aviation fuel (SAF) and extend the 45Z credit through 2033.

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The U.S. Department of Treasury and IRS on Feb. 3 released proposed regulations for the 45Z clean fuel production tax credit, as updated by the One Big Beautiful Bill in mid-2025. A public comment period is scheduled to be open for 60 days.

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The U.S. exported 891,093.3 metric tons of wood pellets in November, up from 814,292.2 metric tons in October and 874,171.2 metric tons in November 2025, according to data released by the USDA Foreign Agricultural Service on Jan. 29.

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Arva on Jan. 27 announced the expansion of its biofuels offering to support biofuel producers as they operationalize the 45Z Clean Fuel Production Credit.

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