
October 15, 2024
BY CapCO2 Solutions
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The U.S. DOE on June 12 released an update of its 45ZCF-GREET model, which is used to calculate fuel emissions rates for the 45Z clean fuel production credit. Release of the model provides much-needed certainty for the U.S. renewable fuel industry.
The International Air Transport Association highlighted Brazil’s opportunity to become a sustainable aviation fuel (SAF) powerhouse as its 82nd Annual General Meeting gathered in Rio de Janeiro, Brazil.
Compliance credits for biomass-based diesel and ethanol have doubled in value since the start of this year. The credits, known as RINs, have increased in price, mostly because of higher U.S. biofuel blending targets.
U.S. fuel ethanol production levels for the week ending June 5 were unchanged when compared to the previous week, according to data released by the U.S. EIA on June 10. Ethanol stocks fell by 1% and exports were up 15%.
The U.S. Energy Information Administration maintained its forecasts for 2026 and 2027 fuel ethanol production in its latest Short-Term Energy Outlook, released June 9. The forecasts for ethanol exports and domestic consumption were also maintained.