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Madison Bidco set to acquire SAF producer Velocys

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By Erin Krueger

December 05, 2023

Sustainable Aviation Fuels Business 

U.K.-based Velocys, a company that is developing proposed SAF projects in the both the U.K. and U.S., is set to be acquired by Madison Bidco Ltd., a newly formed company associated with a consortium of private equity and green investors.

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The U.S. Coast Guard on Nov. 27 issued a marine safety alert regarding the spontaneous combustion of wood pellets containing binders following two recent fire incidents on hopper barges loaded with wood pellets.

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Approved Oil Company on Dec. 1 announced it has secured a multi-year deal with the New York City Department of Citywide Administrative Services to supply renewable diesel to the fleets of various New York City agencies.

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Ares Management acquires Burnham RNG

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By Burnham RNG LLC

December 05, 2023

Burnham RNG announced on Dec. 4 that a fund managed by Ares Management's Infrastructure Opportunities strategy has made a strategic investment to acquire the company from Edge Natural Resources.

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Michigan Gov. Gretchen Whitmer on Nov. 28 signed a package of clean energy and climate action legislation, including a bill that creates a clean energy standard requiring the state to produce 100 percent of its energy from clean sources by 2040.

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SoCalGas announced on Nov. 30 that an innovative technology developed by UCLA researchers that uses renewable solar energy and biogas to produce hydrogen and high-quality cylindrical graphite is on display at COP 28.

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In an article published in Open Access Government, Reyhaneh Shenassa, chief engineer at the U.S. Department of Energy Bioenergy Technologies Office, explains how U.S. sustainable aviation fuels (SAF) will reduce aviation carbon emissions.

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Japan-based Renova Inc. on Nov. 20 announced its 75-megawatt (MW) Morinomiyako Biomass Power Plant began operations on Nov. 18. The facility is fueled with wood pellets and palm kernel shells.

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Neste and ENOC Group have agreed to collaborate to explore the possibilities of supplying and purchasing sustainable aviation fuel (SAF) in Dubai and the wider Middle East North Africa (MENA) region in the coming years.

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Total U.S. operable biofuels production capacity fell slightly in September, according to data released by the U.S. EIA on Nov. 30. Feedstock consumption was down slightly from August, but up significantly from September 2022.

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Bruks Siwertell has secured a contract for the design and supply of a new biocarbon pellet plant, which will replace coal in steelmaking and deliver renewable energy to one of the first “green steel” production facilities of its kind.

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Drax has announced that six U.S. non-profits will receive $433,000 as part of the Drax Foundation’s latest round of donations. The funded initiatives include those that support STEM education and improve community greenspaces.

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Alaska Airlines is partnering with climate-tech company CHOOOSE to provide new options for sustainability-minded guests to take action on their travel-related carbon emissions by purchasing SAF credits or support nature-based climate projects.

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U.S. manufacturers produced approximately 930,000 tons of densified biomass fuels in August, according to the November edition of the U.S. EIA’s Monthly Densified Biomass Fuels Report. Sales of densified biomass fuel reached 1.06 million tons.

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A coalition of over 20 organizations and companies launched the Partnership for Electric Pathways to work with the U.S. EPA to secure a viable pathway for renewable electricity to get credit under EPA's Renewable Fuel Standard program.

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Aemetis Inc. announced that the Stanislaus County Board of Supervisors has approved the California Environmental Quality Act analysis for Aemetis Biogas LLC to extend its biogas pipeline by an additional 24 miles using the public right of way.

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Walker Industries announced that its Niagara RNG facility has reached final stages of commissioning, making it the largest RNG project in Ontario. The project is expected to reduce GHG emissions by 48,000 metric tons annually.

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BioForming Sugar to Aromatics (S2A) technology developed by Virent and Johnson Matthey has enabled the first-ever drop-in 100 percent sustainable aviation fuel (SAF) trans-Atlantic flight by a commercial airline.

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Shell and Rotterdam The Hague Airport have signed a long-term agreement to blend sustainable aviation fuel (SAF) on all aircraft fueled at the airport, starting in 2024. The airport has set a minimum target of 8 percent SAF blending.

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Swedish fuel company Preem on Nov. 27 announced it will invest SEK 5.5 billion ($532.82 million) to convert its refinery in Lysekil, Sweden, to produce renewable diesel and sustainable aviation fuel (SAF).

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Environment and Climate Change Canada has acknowledged that U.S. feedstocks are in compliances with the land use and biodiversity (LUB) criteria included under the country’s Clean Fuel Regulation, according to a report filed with the USDA.

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Virgin Atlantic’s historic flight on 100 percent sustainable aviation fuel (SAF) took off from London Heathrow to New York JFK on Nov. 28. The flight demonstrates the capability of SAF as a safe drop-in replacement for fossil derived jet fuel.

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Santa Maria Renewable Resources has selected Topsoe as its technology provider and will implement the company’s Hydroflex and H2bridge technologies at its planned biorefinery in Texas. Chemex Global will provide FEED for the plant.

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A coalition of biofuel and farm groups on Nov. 27 released a statement expressing disappointment in the Fifth Circuit Court of Appeals' Nov. 22 decision remanding to the U.S. EPA six small refinery exemption (SRE) requests.

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The U.S. Department of Commerce’s International Trade Administration has announced its Renewable Energy and Energy Efficiency Advisory Committee will hold a virtual meeting on Nov. 30. The meeting is open to the public, but registration is required.

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During the Williamtown Air Show in Australia, the Roulettes, the Royal Australian Air Force's aerobatic display team, performed a first public display using Neste’s SAF. The fuel was supplied by Viva Energy in cooperation with Neste and Vitol.

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Emirates has become the first airline to operate an Airbus A380 demonstration flight with one of the aircraft’s four engines powered with Neste’s sustainable aviation fuel (SAF). The flight took off on Nov. 22 from Dubai International Airport.

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Gulfstream Aerospace Corp. on Nov. 20 announced the successful completion of the world's first trans-Atlantic flight using 100 percent sustainable aviation fuel (SAF). Accomplished on Nov. 19, the flight took place on a Gulfstream G600 aircraft.

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Rolls-Royce on Nov. 13 announced that it has successfully completed compatibility testing of 100 percent SAF on all its in-production civil aero engine types. All the tests confirmed the use of 100 percent SAF does not affect engine performance.

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President Joe Biden on Nov. 16 signed a temporary spending package, averting a government shutdown that was set to begin at midnight on Nov. 17. The stopgap bill includes a one-year extension of the 2018 Farm Bill.

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