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Ethanol groups urge Treasury to adopt GREET for SAF tax credit

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By Erin Krueger

November 28, 2023

Policy & Regulation Feedstocks Business Policy 

The RFA, Growth Energy and the USGC on Sept. 14 sent a letter to U.S. Treasury Secretary Janet Yellen advocating for the adoption of GREET to measure GHG reductions for the purposes of SAF tax credit created by the Inflation Reduction Act.

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Aemetis Inc. on Sept. 13 announced it has received a Use Permit from the City of Riverbank to build a 90 million gallon per year SAF and renewable diesel plant at the 125-acre Riverbank Industrial Complex in Riverbank, California.

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Agricultural Secretary Tom Vilsack on Sept. 12 called on ethanol producers to seize the opportunity offered by the emerging SAF market and stressed that climate-smart ag and carbon capture technologies must play a role in ethanol-to-SAF production.

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NCGA President Tom Hagg and the leaders of 16 state corn grower groups on Sept. 7 sent a letter to Treasury Secretary Janet Yellen urging the adoption of the U.S. DOE’s GREET model to measure GHG reductions for the purposes of the SAF tax credit.

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U.S. fuel ethanol production was down 2 percent the week ending Nov. 17, according to data released by the U.S. Energy Information Administration on Nov. 22. Stocks of fuel ethanol were up 3 percent and exports were down 8 percent.

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Wolf Carbon Solutions U.S. on Nov. 20 announced it has voluntary submitted a motion to withdraw its current certificate application with the Illinois Commerce Commission, but plans to update and refile an application with the ICC early next year.

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A three-person delegation recently visited India from the U.S. to search for new outlets for exports to the fifth-largest market for U.S. ethanol during the 2022/23 marketing year, according to the U.S. Grains Council.

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The U.S. Grains Council recently participated in the 10th Global Bioenergy Partnership Bioenergy Week, sharing with 120 bioenergy stakeholders the growing role of fuel ethanol as a transport decarbonization tool across the Asia-Pacific Region.

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Whitefox Technologies has announced that BGW sp. z o. has installed Whitefox ICE-XL technology at its 108 MLPY plant in Rąbczyn, and is producing both fuel grade ethanol and high grade ethanol through Whitefox engineering solutions.

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Lummus Technology has announced the commercial availability of its ethanol-to-SAF process technology. The technology provides operators with a large-scale, commercially demonstrated solution to reduce the aviation industry's GHG emissions.

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ArcelorMittal announces the first industrial production of ethanol at its Steelanol plant, Europe’s first carbon capture and utilization (CCU) project. This historic milestone was achieved on Nov. 7, 2023, at ArcelorMittal Belgium’s Gent plant.

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Growth Energy CEO Emily Skor in mid-November highlighted the biofuel industry’s perspective on the future of sustainability and clean energy during two high-profile forums in Washington, D.C.

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The U.S. EPA on Nov. 16 released updated SRE data, reporting that no new SRE petitions have been filed under the RFS during the past month. Three SRE petitions remain pending, including two for compliance year 2018 and one for compliance year 2022.

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U.S. fuel ethanol production fell slightly the week ending Nov. 3 but partially rebounded the following week, according to data released by the U.S. EIA on Nov. 15. Ending stocks of fuel ethanol declined during both weekly periods.

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Solugen and ADM on Oct. 30 announced a strategic partnership to scale a range of innovative, plant-based specialty chemicals and biobased building block molecules in a new manufacturing facility in Marshall, Minnesota.

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Business Briefs for December 2023

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By Ethanol Producer Magazine

November 14, 2023

Latest news about Business, People and Companies

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The U.S. Energy Information Administration increased its forecast for 2024 fuel ethanol production in its latest Short-Term Energy Outlook, released Nov. 7. The forecasts for 2023 and 2024 ethanol blending were also increased.

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Summit Carbon Solutions announces the conclusion of the Iowa Utilities Board public hearings, a significant event in the progress of the transformative pipeline project. To date, 75 percent of impacted landowners in Iowa have signed voluntary easements with Summit.

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The latest issue of Ethanol Producer Magazine tackles industry transformation, plant improvements, new markets, and entrepreneurial moxie.

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Powered by Partnerships

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By Geoff Cooper

November 10, 2023

The ethanol industry’s valuable partnerships and ability to work together with a diverse group of stakeholders has helped achieve numerous policy, regulatory and commercial victories over the past four decades.

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The Renewable Fuels Association has announced the launch of Veterans for Renewable Fuels, a new initiative designed specifically for military veterans and immediate family members working in the U.S. ethanol industry.

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Growth Energy has rebranded with a new look and feel that reflects the full spectrum of the opportunities and innovations that are transforming the biofuels industry and expanding the bioeconomy. 

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USDA Rural Development Senior Advisor Cindy Axne on Nov. 7 announced that USDA is awarding a $2.25 million grant to Golden Grain Energy LLC, an ethanol plant near Mason City, Iowa, to increase the availability of domestic biofuels.

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Stretching Out Steam

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By Luke Geiver

November 09, 2023

Energy Integration Inc. is helping ethanol producers rethink, reroute and reuse steam and heat in ways that impact cooling, steam generation and overall plant energy use.

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The Andersons Inc. released third quarter financial results on Nov. 7, reporting that “ethanol crush margins were outstanding throughout the quarter” and indicating that the current margin outlook remains strong.

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Alto Ingredients Inc. released third quarter financial results on Nov. 6, reporting positive adjusted EBITDA despite higher-than-expected facility downtime that resulted in lower production volumes and diminished the impact of improved margins.

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Harvesting Hydrogen

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By Sue Retka Schill

November 08, 2023

A high-profile, multi-participant project in Brazil is poised to demonstrate ethanol-to-hydrogen technology.

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The U.S. exported 120.49 million gallons of ethanol and 1.03 million metric tons of distillers grains in September, according to data released by the USDA Foreign Agricultural Service on Nov. 7. Exports of both products were up.

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Following USGC’s Ethanol Summit, a delegation of 40 people from 15 Latin American countries participated in three field visits to learn more about the ethanol production, supply and marketing chain in the U.S.

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Smarter, Better and Bigger

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By Luke Geiver

November 07, 2023

As the era of high-tech corn receiving coalesces with the rise of 2-million-plus-bushel grain bins, ethanol plants are becoming known for feedstock receiving and storage systems that are fast, efficient and massive.

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