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Report: Japan works to develop SAF standards

SOURCE: Google Maps

July 9, 2024

BY Erin Voegele

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EIA predicts renewable diesel, SAF production will increase in 2027

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By Erin Krueger

6 hours ago

Operations Markets Business 

The U.S. Energy Information Administration currently expects the production of renewable diesel and other biofuels, including SAF, to expand in 2027, according to the agency’s latest Short-Term Energy Outlook, released Jan. 13.

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The USDA on Dec. 31 announced the per-acre payment rates for $11 billion of the $12 billion farm aid package announced in December. U.S. corn, soybean and sorghum farmers will receive respective per-acre payments of $44.36, $30.88, and $48.11.

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California Gov. Gavin Newsom on Jan. 9 released a proposed 2026-27 state budget. Details published by the California Senate Committee on Budget and Fiscal Review indicate the proposed budget includes provisions for a new SAF tax credit.

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XCF Global Inc. announced on Jan. 12 that it is evaluating financing options to support the construction of its New Rise Reno 2 facility. If constructed, New Rise 2 is expected to enable XCF to expand its SAF and renewable fuel platform.

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The U.S. EPA on Jan. 7 delivered a draft final rule to the White House Office of Management and Budget to repeal the agency’s 2009 Endangerment Finding and tailpipe greenhouse gas regulations for motor vehicles and engines.

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