Flax straw waste is burned on the field after harvest. IMAGE: PRAIRIE CLEAN ENERGY
March 4, 2024
BY Keith Loria
Advertisement
Advertisement
Imperial Oil Ltd. on April 26 released first quarter financial results, confirming that construction on its renewable diesel project under development at its Strathcona refinery near Edmonton, Alberta, is progressing as scheduled.
Neste Corp. released first quarter results on April 25, reporting that the company’s operations were negatively impacted by weaker renewable diesel margins during the three-month period. SAF sales volumes are expected to increase throughout 2024.
U.S. manufacturers produced approximately 830,000 tons of densified biomass fuels in January, according to the April edition of the U.S. EIA’s Monthly Densified Biomass Fuels Report. Sales of densified biomass fuel reached 650,000 tons.
On April 29, 40 companies and organizations that hold a stake in the development and deployment of sustainable aviation fuel united to announce the formation of the Sustainable Aviation Fuel (SAF) Coalition.
The U.S. Department of Energy is offering up to $17.5 million in federal funding to develop cost-effective strategies for communities to sustainably manage and recover potential clean energy sources from their waste streams.