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Growth Energy urges Treasury to maximize value of 45Z clean fuel production credit

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By Growth Energy

May 29, 2026

Policy Business 

Growth Energy on May 29 urged the U.S. Treasury Department today to finalize its guidance for the 45Z clean fuel production tax credit in a way that increases flexibility and maximizes the incentive’s impact.

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Nebraska Ethanol Board on May 19 joined Nebraska Gov. Jim Pillen in proclaiming May as Renewable Fuels Month. The state’s 24 ethanol plants produce more than 2 billion gallons of renewable fuel annually.

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BASF and Arva on May 26 announced a strategic collaboration to help biofuel producers and farmers capture the full value of the 45Z clean fuel production credit once the implementing regulations are finalized.

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U.S. fuel ethanol production fell by 2% the week ending May 22, according to data released by the U.S. Energy Information Administration on May 28. Ethanol stocks expanded slightly while exports fell by 32%.

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The USDA increased its forecast for fiscal year 2026 ethanol exports values in its latest Outlook for U.S. Agriculture Trade, released May 28. The agency currently predicts 2026 ethanol export values will be up 11% when compared to the previous year.

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Rex American Resources Inc. released fiscal first quarter results on May 28, reporting the capacity expansion at its One Earth Energy LLC facility in Illinois remains on track for completion later this year.

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In May, the container ship Eco Levant, operated by X-Press Feeders, was bunkered with ethanol in the port of Rotterdam. It was the first time in Rotterdam that a bunker vessel supplied ethanol to a sea-going vessel.

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All Nippon Airways and Japan Airlines on May 27 released a report, "Toward Net Zero CO2 Emissions from Air Transport in 2050," outlining the current state of SAF in Japan and the actions needed to support aviation decarbonization.

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Três Tentos Agroindustrial on May 20 announced it has received approval from Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) to begin production at a corn ethanol plant in Porto Alegre do Norte, Mato Grosso, Brazil.

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In testimony provided at a public hearing on May 27, the Renewable Fuels Association urged the U.S. Department of Treasury to swiftly finalize “clear, stable, and practical regulations” implementing the Section 45Z Clean Fuel Production Credit.

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Clean Fuels Alliance America announced the launch of its National Fuel Quality Reports, a resource providing the industry with a broad statistical view of fuel quality across multiple fuel types for the first time.

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Aemetis Inc. announced on May 21 that the Capital Programs & Climate Financing Authority in California has adopted an initial resolution related to potential future issuance of up to $1.1 billion of tax-exempt bonds for Aemetis projects.

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RFA leadership and expertise on display at 2026 FEW

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By Renewable Fuels Association

May 27, 2026

The RFA will provide attendees at this year’s International Fuel Ethanol Workshop and Expo with many opportunities to learn and connect, both onstage and off. The event takes place June 2–4 at the America’s Center in downtown St. Louis.

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The Renewable Fuels Association’s nationally recognized safety program has been honored with its 14th consecutive National Achievement Award from TRANSCAER, a national hazardous materials safety coalition.

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A new study from South Dakota State University's Ness School of Management and Economics found that farmland values rose by 44% after changes to U.S. energy policies sparked the ethanol industry's initial boom.

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The RFA is partnering with the Kansas City Diamonds as the “Official Fuel” of the organization for the inaugural Professional Softball League season. The partnership brings E15 to the forefront of one of the fastest-growing areas in sports.

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Sen. Pete Ricketts, R-Neb., on May 21 led a bipartisan resolution to designate May 2026 as Renewable Fuels Month. The resolution highlights the critical role renewable fuels play in lowering fuel prices and unleashing American energy independence.

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More than 1.93 billion RINs were generated under the RFS in April, up 3% when compared to the same month of last year, according to data released by the U.S. EPA on May 21. Total RIN generation for the first four months of 2026 reached 7.51 billion.

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The IRFA on May 19 filed a formal request with the Iowa Utilities Commission asking that a hearing schedule be established for Summit Carbon Solutions’ carbon capture, use, and sequestration (CCUS) pipeline project.

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U.S. fuel ethanol production expanded by nearly 3% the week ending May 15, according to data released by the U.S. Energy Information Administration. Stocks of fuel ethanol were up slightly and exports fell by 8%.

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Denmark-based global shipping company Maersk on May 7 announced it successfully completed the first sailing on 100% ethanol during the first quarter of 2026 using one of the company’s dual-fuel methanol vessels.

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WinGD’s first ethanol-fueled X-DF-M/E engines have been ordered for two ore carriers to be built for Chinese owner Shandong Shipping Corp. and to operate under long-term charters for Brazil-headquartered global mining company Vale.

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UNICA, the Brazilian sugarcane industry association, has announced that sugarcane processing and ethanol production were both up during the first half of April. Corn ethanol production continued to grow as well.

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POET and Antora Energy on May 19 announced the commissioning of Antora's 5 gigawatt-hour (GWh), multi-day thermal energy storage system at POET's Big Stone City, South Dakota, bioprocessing facility.

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Iowa and Missouri are challenging New York’s Mandatory Greenhouse Gas Reporting Program, claiming it unfairly imposes reporting and compliance obligations on ethanol and biodiesel producers located outside the state.

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MoistTech Corp. will showcase its IR3000 Series Moisture Sensors at the FEW Expo, Booth #902, June 2-4, 2026, in St. Louis, Missouri. Featuring advanced near infrared (NIR) technology, the IR3000 delivers precise, real-time moisture analysis.

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The U.S. Grains & BioProducts Council’s Southeast Asia & Oceania office recently participated in two international biofuel events in Singapore to promote U.S. ethanol as a fueling solution for the on-road, marine and aviation sectors across Asia.

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Verbio on May 13 announced biomethane production expanded 8.4% during the fiscal third quarter, the three months ended March 31, with biodiesel production up 1.5%. Ethanol production fell by 18.9% during the period.

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Badger State Ethanol found collaboration with IFF critical in discovering solutions for DCO process problems.

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USGBC staff based in Beijing, China participated in a sub-forum during Shanghai Climate Week, reinforcing its commitments to supporting China’s ethanol industry and advancing the country’s low-carbon transition.

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