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DNV gives greenlight to methodology for carbon removals delivered by BECCS

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By Drax Group plc

June 21, 2024

Carbon CapturePelletsPowerBusiness

DNV, the independent energy expert and assurance provider, has validated a new methodology for the certification of net carbon dioxide removals delivered using bioenergy with carbon capture and storage (BECCS).

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The Sedona-Oak Creek Airport Authority—in partnership with Avfuel Corp. and the airport’s fixed base operator (FBO), Red Rock Aviation—has announced Sedona Airport now offers an emissions-reducing fuel option: SAF.

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Toyota Tsusho Corp. on June 17 announced that the 75-MW Yatsushiro Biomass Power Plant has begun commercial operations. The facility, located in Yatsushiro City, Kumamoto Prefecture, Japan, can be fueled with both wood chips and wood pellets.

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BP on June 20 announced an agreement to acquire Bunge’s 50% interest in its BP Bunge Bioenergia S.A. JV. The company also said it is scaling back plans for the development of new SAF and renewable diesel projects at its existing sites.

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The U.S. EPA released updated RIN data on June 20, reporting that nearly 2.01 billion RINs were generated under the RFS during May, down from 2.11 billion generated during the same period of last year.

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The U.S. EPA released updated small refinery exemption (SRE) data on June 20, reporting that one new SRE petition has been filed under the RFS in the past month. A total of 39 SRE petitions are now pending.

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Clean Energy Fuels Corp. has announced a series of new deals with several municipalities across the country. These agreements represent a collective growing demand within city agencies for more sustainable, low-carbon solutions for their operations.

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Treasury and the IRS on June 18 released final rules implementing the wage and apprenticeship standard provisions of clean energy tax credits created by the IRA, including the 45Z clean fuels production tax credit.

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Topsoe has announced Braya Renewable Fuels’ biorefinery in Newfoundland is now producing renewable diesel at design capacity. The facility, which utilizes Topose’s HydroFlex technology, is also expected to produce SAF in the future.

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Clean Fuels Alliance American has filed a lawsuit challenging the U.S. EPA’s final rule setting GHG emissions standards for heavy duty vehicles. The rule failed to consider the GHG-reducing benefits of biodiesel and renewable diesel.

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SAF Magazine and the Commercial Aviation Alternative Fuels Initiative announced the preliminary agenda for the North American SAF Conference and Expo, being held Sept. 11-13 at the Saint Paul RiverCentre in St. Paul, Minnesota.

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The U.S. Department of the Treasury and IRS have issued guidance on how to register for the Section 45Z Clean Fuel Production Tax Credit, encouraging fuel producers who may be eligible for the credit to apply for registration as soon as possible.

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Valmet has announced it has been selected to supply a 50-megawatt (MW) pellet-fired heating plant to a district heating facility in Mölndal, Sweden. The new heating plant is expected to begin operations in late 2026.

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Amtrak released its FY 2023 Sustainability Report on June 13, reporting that renewable diesel is playing a part in helping the passenger railroad achieve progress towards meeting its goal of achieving net-zero GHG emissions by 2045.

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Aymium has closed $210 million of financing to construct a biocarbon production facility in Williams, California. The facility will support the first large-scale continuous use of advanced biocarbon to replace coal in power generation in the world.

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The USDA Foreign Agricultural Service on June 11 published a report discussing how the recent boom in U.S. renewable diesel production has caused market-altering shifts to both foreign and domestic feedstock trade.

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The government of Australia on June 13 announced it is seeking public comments on ways it can incentivize a domestic low carbon liquid fuel (LCLF) industry, with an initial focus on sustainable aviation fuel (SAF) and renewable diesel.

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Pitch Day at the 2024 North American SAF Conference & Expo, taking place Sept. 11-13 at the Saint Paul RiverCentre in Saint Paul, Minnesota, has been selected as a regional host for the Startup World Cup.

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Chevron Lummus Global’s ISOTERRA technology has been selected for a SAF project in China. CLG will provide the technology license, engineering services, and supply proprietary equipment and catalysts for this first-of-its-kind facility.

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Report: US industrial bioeconomy supports nearly 644,000 jobs

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By Association of Equipment Manufacturers

June 14, 2024

Biomanufacturing advocates have released new report that shows the U.S. industrial bioeconomy supported nearly 644,000 domestic jobs, contributed $210 billion to the U.S. GDP, and drove $49 billion in wages last year.

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Sevana Bioenergy on June 10 announced the acquisition of the Rialto Bioenergy Facility, a renewable natural gas (RNG) plant located in Rialto, California. The facility, previously owned by a subsidiary of Anaergia Inc., was purchased via a bankruptcy auction.

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The U.S. EPA on May 22 announced it has approved a RFS pathway for BP’s Cherry Point refinery in Blaine, Washington, that will allow the facility to generate D5 advanced biofuel RINs for renewable diesel produced via the coprocessing of carinata oil.

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Archaea Energy, a subsidiary of bp, and Republic Services on June 13 celebrated the first RNG plant in the companies’ Lightning Renewables joint venture. The facility, located in Fort Wayne, Indiana, is expected come online this summer.

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Comstock Inc. on June 10 announced advances on amended agreements with RenFuel K2B AB \ involving the development of RenFuel’s pre-existing, planned biorefinery project at a pulp and paper mill in Sweden.

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The SkyNRG Sustainable Aviation Fuel Market Outlook covers the current state and trends of the SAF market in the EU and U.K., the U.S. and rest of the world by assessing announcements of SAF projects and mapping out the capacity until 2050.

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Neste has supplied SAF to Emirates for flights departing from Singapore Changi Airport. With this, Emirates becomes the first international visiting carrier using SAF supplied at the airport from Neste’s Singapore refinery.

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A bipartisan group of 18 senators on June 11 sent a letter to U.S. EPA Administrator Michael Regan urging the agency to boost RFS renewable volume requirements (RVOs) for biomass-based diesel and advanced biofuels in its upcoming 2026 rulemaking.

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The USDA maintained its forecast for 2024-’25 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released June 12. The overall 2024-’25 outlook for soybeans includes higher beginning and ending stocks.

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Romania-based oil company OMV Petrom on June 11 announced it will move forward with plans to convert its Petrobrazi refinery in Brazi, Romina, to produce renewable diesel and sustainable aviation fuel (SAF).

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Drax Group was recognized with a BritishAmerican Business Transatlantic Growth Award in the Midsize Growth and Investments category. Drax received the award for its plans to deploy and develop BECCS projects the U.S.

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