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Aemetis unveils updated 5-year plan

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By Aemetis Inc.

February 22, 2023

Advanced Biofuels Biogas 

Aemetis Inc. on Feb. 13 released an updated five-year plan that provides insights into the company's plans to generate $2.0 billion of revenues, $496 million of net income, and $682 million adjusted EBITDA in year 2027.

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Aemetis Inc. in Feburary hosted California Department of Food and Agriculture Secretary Karen Ross for a discussion and site tours of the company's renewable biofuel and dairy-based renewable natural gas (RNG) facilities.

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The inclusion of a 30% tax credit for qualifying residential pellet appliances in the sweeping Inflation Reduction Act of 2022 has rightly been called the single largest policy victory for the wood pellet industry to date

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The government of Japan on Feb. 1 issued proposed biofuel standards for 2023-2027 that address both ethanol and sustainable aviation fuel (SAF). A public comment period is open through March 2, with the new standards scheduled to take effect April 1.

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The USDA's Economic Research Service on Feb. 7 published a report discussing its analysis of U.S. Energy Information Administration data and predicting possible domestic and global demand for ethanol through 2030.

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The government of Japan on Feb. 1 issued proposed biofuel standards for 2023-2027 that address both ethanol and sustainable aviation fuel (SAF). A public comment period is open through March 2, with the new standards scheduled to take effect April 1.

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Aemetis Inc. in Feburary hosted California Department of Food and Agriculture Secretary Karen Ross for a discussion and site tours of the company's renewable biofuel and dairy-based renewable natural gas (RNG) facilities.

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The use of science-based, consistent and transparent lifecycle analysis methods will be crucially important in implementing the SAF tax credit under the Inflation Reduction Act, the RFA said in comments to the U.S. Department of Treasury.

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Sasol, the global chemicals and energy company, and Topsoe, a global leader in carbon emission reduction technologies, have signed a MOU with the intent to establish a 50/50 joint venture (JV) in 2023 to produce SAF.

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Neste and Scania are piloting a digital solution that enables easy follow-up and verification of each truck's usage of renewable fuels. The solution combines data from Scania Fleet Management Portal with Neste's fuel emission data.

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Green Impact Partners Inc. in mid-February announced plans to purchase all of the partnership units of GreenGas Colorado LLC held by its minority partner and announced the selection of Amber Infrastructure Group as a strategic partner.

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A bill introduced in the Iowa legislature on Feb. 20 aims to implement new requirements for the development of carbon dioxide pipelines within the state. The Iowa Renewable Fuels Association has spoken out against the legislation.

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Growth Energy CEO Emily Skor on Feb. 21 issued a statement in response to the latest article from Tyler Lark, who has a long history of neglecting the accepted science behind the climate and environmental benefits of biofuels.

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Christianson PLLP on Feb. 21 announced that the U.S. EPA has approved its Quality Assurance Program (QAP) protocol for biodiesel and renewable diesel producers participating in the Renewable Fuel Standard.

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Shell Petroleum NV, a wholly owned subsidiary of Shell plc, has completed the acquisition of 100 percent of the shares of Nature Energy Biogas A/S, the largest producer of renewable natural gas (RNG) in Europe.

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In an effort to rally businesses and consumers, United has launched the United Airlines Ventures Sustainable Flight Fund, a first-of-its-kind investment vehicle designed to support start-ups focused on sustainable aviation fuel (SAF).

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RFA: Minnesota E15 volume hits record

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By Renewable Fuels Association

February 20, 2023

Sales of E15, a gasoline blend containing 15 percent ethanol, hit a record 171 million gallons in Minnesota in 2022, according to a new Renewable Fuels Association analysis of data from the Minnesota Department of Commerce.

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The U.S. EPA on Feb. 16 released data showing that two SRE petitions have been filed under the RFS over the past month. A total of 24 SRE petitions are now pending, up from 22 that were pending as of mid-January.

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The U.S. EPA has released data showing more than 1.75 billion renewable identification number (RINs) were generated under the Renewable Fuel Standard in January, up from 1.59 billion that were generated during the same month of 2022.

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Enviva Inc., a producer of sustainably sourced woody biomass, has announced the appointments of a chief commercial officer, chief sustainability officer, chief administrative and people officer, and general counsel.

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Neste supplies SAF to Boeing

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By Neste Corp.

February 20, 2023

Boeing has agreed to purchase Neste MY Sustainable Aviation Fuel supplied by EPIC Fuels, Signature Aviation and Avfuel to power its U.S. commercial operations through 2023. Neste's SAF will be blended with conventional jet fuel at a 30/70 ratio.

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bp has announced plans to retrofit its Kwinana refinery in Australia to produce sustainable aviation fuel (SAF) and renewable diesel. The facility is expected to begin producing biobased fuels in 2026.

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The U.S. Government Accountability Office on Feb. 9 issued a determination that states the U.S. EPA's June 2022 denial of 69 SREs under the RFS is not a rule, and therefore is not subject to the requirements of the Congressional Review Act.

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BPA applauds $1.4M DOE grant for bioenergy carbon capture project

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By Biomass Power Association

February 20, 2023

The Biomass Power Association is applauding $1.4 million in DOE funding awarded to CMS Enterprises to support a project in Michigan that aims to retofit an existing power plant to fire 100 percent biomass and enable CO2 capture technology.

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Enviva Forest Conservation Fund accepting 2023 proposals

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By U.S. Endowment for Forestry and Communities

February 20, 2023

The U.S. Endowment for Forestry and Communities has released a new RFP for the Enviva Forest Conservation Fund, which is offering $500,000 to protect bottomland hardwood and other wetland forests in North Carolina and Virginia.

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Amp Americas has begun construction on a dairy renewable natural gas (RNG) project in Darlington, Wisconsin. The new project is expected to capture dairy waste from approximately 4,000 cows and is scheduled begin operations in mid-2023.

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The U.S. EPA has released data showing more than 1.75 billion renewable identification number (RINs) were generated under the Renewable Fuel Standard in January, up from 1.59 billion that were generated during the same month of 2022.

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The U.S. Government Accountability Office on Feb. 9 issued a determination that states the U.S. EPA's June 2022 denial of 69 SREs under the RFS is not a rule, and therefore is not subject to the requirements of the Congressional Review Act.

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Growth Energy is urging the IRS to rely on the most accurate and up-to-date lifecycle analysis (LCA) approaches in order to make the most of the 40B and 45Z tax credits in the Inflation Reduction Act.

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