BiogásNews

Gevo Inc. has announced a new fuel sales agreement with Aer Lingus, which is owned by International Airlines Group. The agreement provides for Aer Lingus to purchase 6.3 million gallons per year of sustainable aviation fuel (SAF) for five years.

Koch Engineered Solutions announces that its affiliate company, Optimized Process Designs, has executed a definitive EPC agreement with Fidelis New Energy LLC for the proposed Grön biofuels facility in Louisiana.

Renewables are expected to account for 22 percent of U.S. electricity generation this year, increasing to 24 percent in 2023, according to the U.S. Energy Information Administration’s latest Short-Term Energy Outlook, released July 13.

U.S. biofuels consumption has risen in 2022 and that growth is expected to continue, according to the U.S. EIA's latest Short-Term Energy Outlook, released July 13. Renewable diesel is expected to account for much of the increase.

Renewable energy company Drax has submitted plans to build the world’s largest carbon capture facility at its North Yorkshire power station. The company plans to invest £2 billion in the 2020s in its plans to develop two BECCS units.

Clean Energy Systems Inc. announced July 12 that it entered into an agreement to acquire the idled Madera Biomass Power Plant in California. CES intends to convert the existing facility into a biomass carbon removal and storage (BiCRS) facility.

USIPA applauds the Committee on Industry, Research and Energy (ITRE) for putting forth increased climate ambitions in today’s vote on the RED, but is calling on the European Parliament to address overly restrictive language on woody biomass.

The prices of RIN credits—a compliance mechanism used for the FS Rprogram administered by the U.S. EPA—have remained high in 2022. So far this year, D4 RINs peaked on April 28 at $1.91 per gallon and D6 RINs peaked on June 7 at $1.68 per gallon.

Clean Fuels Alliance America on July 13 wrote to President Joe Biden and other administration officials to highlight the biodiesel and renewable diesel industry’s contribution to job growth in the clean energy sector.

Leading renewable energy company Drax Group and Japanese shipping company MOL Drybulk Ltd. are working together to reduce the emissions and fuel costs associated with shipping biomass by deploying wind power technology on its vessels.

The USDA maintained its forecast for 2022-’23 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released July 12. The 2022-’23 soybean outlook is for lower production and lower prices.

Fulcrum BioEnergy Inc. on July 12 announced a $20 million equity investment in by SK Innovation, the energy arm of South Korea's SK Group. The two companies will also work together to enter into an exclusive licensing agreement.