Drax Group plc released 2023 financial results on Feb. 29, reporting its pellet production segment achieved robust performance in a challenging market environment. The company also discussed progress on its BECCS projects in the U.S. and U.K.
U.S. EPA Administrator Michael Regan on March 1 announced the launch of the agency’s Office of Agriculture and Rural Affairs during an appearance at the 2024 Commodity Classic in Houston, Texas.
Neste has launched its new emission reduction solution, Neste Impact, for businesses looking to reduce the carbon footprint of their air travel and transport activities. The solution is based on purchasing Neste MY Sustainable Aviation Fuel.
New assessment shows value of soybean oil as low-carbon feedstock for clean fuels
By Clean Fuels Alliance America
March 04, 2024
A recent life cycle assessment highlights a notable 22% decrease in the carbon footprint associated with U.S. production of crude soy oil, which is a key feedstock for U.S. biodiesel, renewable diesel and SAF producers.
Ample Opportunity Amongst Decarbonization Efforts
By
March 04, 2024
The current issue of Pellet Producer Magazine addresses global wood pellet demand, market opportunities, industrial applications, and a Canadian business focused on the production of flax straw pellets.
The Pellet Fuels Institute discusses the importance of advocacy efforts and the upcoming Farm Bill.
From power plants to steel mills to hospitals, the continued global push to decarbonize may lead to new market opportunities for wood pellet producers.
Prairie Clean Energy is finding success in its pursuit of an environmentally sustainable solution to burning agricultural waste, beginning with flax straw waste pellets.
A recently commissioned wood pellet plant in Germany provides insight into the technical design and layout considerations specific to Europe.
Precise lubrication systems present a revolutionary opportunity for the pellet industry.
Agriculture Secretary Tom Vilsack on March 1 announced a short-term delay in the release of the GREET model for sustainable aviation fuel (SAF), citing the need to get calculations for climate-smart agriculture right.
Drax has become the latest founder member of the University of Sheffield’s newly-launched Energy Innovation Centre. The new partnership will drive forward research into next-generation carbon capture technology, including innovations in BECCS.
Moisture and wood fuel biomass are vital to each other for minimizing cost, proper operation of biomass boilers, and genuine fuel load assessment. Near-infrared technology is a great non-contact way to measure moisture content.
Ag Secretary Tom Vilsack expressed confidence that the U.S. EPA will issue an emergency waiver to allow E15 to remain available this summer and discussed the USDA’s ongoing efforts with regard to SAF during a Feb. 28 congressional hearing.
Total U.S. operable biofuels production capacity fell slightly in December, according to data released by the U.S. Energy Information Administration. Total feedstock consumption was up when compared to both the previous month and December 2022.
The U.S. EPA has opened a public comment period on version 16 of the WARM, a tool that estimates the potential GHG emissions, energy savings and economic impacts of baseline and alternative waste management practices of materials.
New independent analysis by Public First, ‘Mind the gap: Exploring Britain’s energy crunch’, commissioned by Drax Group, reveals that the U.K. will hit an energy security “crunch point” in 2028.
TerraNova Capital engaged to raise equity for Sugar Valley Energy
By California Ethanol + Power
March 01, 2024
Sugar Valley Energy, a new 160-acre bioenergy campus planned in California’s Imperial Valley has added New York-based TerraNova Capital Equities, Inc. to its finance team to lead marketing and placement of equity capital for the $1 billion project.
Clean Energy Fuels Corp. on Feb. 27 released Q4 results, announcing that its RNG sales were up nearly 14% last year. RNG sales are also expected to increase in 2024 with several new dairy RNG projects scheduled to begin operations.
Vertex Energy Inc. released fourth quarter financial results on Feb. 28, reporting that the company’s renewable diesel production unit at its refinery in Mobile, Alabama, produced 3,786 barrels per day during the three-month period.
Southwest Airlines Co. has launched Southwest Airlines Renewable Ventures, a wholly-owned subsidiary dedicated to creating more opportunities to obtain scalable SAF. The carrier also announced a $30 million investment in LanzaJet Inc.
The price of compliance credits for biomass-based diesel and ethanol has decreased about 45% since the start of the year, when prices were already the lowest in about three years, according to the U.S. Energy Information Administration.
Yield10 Bioscience Inc. on Feb. 14 announced it has granted VISION Bioenergy Oilseeds LLC a global license to certain proprietary varieties of camelina sativa for the production of feedstock oil for biofuels.
U.S. manufacturers produced approximately 870,000 tons of densified biomass fuels in November, according to the February edition of the U.S. EIA’s Monthly Densified Biomass Fuels Report. Sales of densified biomass fuel reached 790,000 tons.
Sens. Sherrod Brown, D-Ohio, and Pete Ricketts, R-Neb., have introduced the Renewable Fuel for Ocean-Going Vessels Act, which aims to ensure that RINs generated for renewable fuel used by ocean-going vessels would be eligible for RFS compliance.
The government of Singapore has unveiled an action plan that aims to decarbonize the country’s aviation sector. The program will, in part, require flights departing Singapore to be fueled with sustainable aviation fuel (SAF) starting in 2026.
The U.S. Senate on Feb. 26 confirmed Basil Gooden at USDA Under Secretary for Rural Development. He has served as director of state operations in the USDA Office of Rural Development since July 2021.
DOE and EPA announce $9.4M to spur development of advanced biofuels
By U.S. Department of Energy
February 28, 2024
The U.S. Department of Energy and the U.S. EPA on Feb. 22 released a funding opportunity announcement (FOA), entitled, “Inflation Reduction Act Funding for Advanced Biofuels,” for up to $9.4 million for the development of advanced biofuels.
Calumet: Montana Renewables operating at near capacity, work continues on proposed MaxSAF initiative
Calumet released Q4 financial results on Feb. 23, announcing that Montana Renewables returned to normal operations in December following the replacement of a cracked steam drum and providing an update of the company’s proposed MaxSAF initiative.
CVR Energy Inc. released Q4 results on Feb. 20, reporting that the feedstock pretreatment unit at its Wynnewood refinery in Oklahoma is mechanically complete. The company is also continuing to evaluate projects to add SAF capacity at two refineries.
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