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EPA: 2.24 billion RINs generated under the RFS in July

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By Erin Voegele

August 15, 2024

Business Operations Sustainable Aviation Fuels 

More than 2.24 billion RINs were generated under the RFS in July, up from 1.99 billion generated during the same period of last year. Total RIN generation for the first seven months of 2024 reached 14.42 billion.

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The California Air Resources Board on Aug. 12 published a notice outlining modifications to its proposed LCFS amendments, including those related annual carbon intensity (CI) targets, biomass-based diesel feedstocks, and SAF.

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Gevo Inc. on Aug. 8 reported that the U.S. Department of Energy loan guarantee process for its proposed Net-Zero 1 ATJ project is progressing as expected. CEO Patrick Gruber said the company expects to close project financing by the end of 2024.

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The 2024 North American SAF Conference & Expo will consist of panels that describe the newest developments in the SAF Industry. Topics such as biofuel crops, federal policies, the increase of SAF usage worldwide, and more will be presented.

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Reps. Mike Flood, R-Neb., and Troy A Carter, Sr., D-La., on Aug. 9 introduced the Sustainable Aviation Fuel (SAF) Information Act. The bill directs the U.S. Energy Information Administration to include SAF data in its weekly and monthly reports.

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Gevo Inc. on Aug. 9 released a new report by Charles River Associates demonstrating the benefits of sustainable aviation fuel (SAF) production, including at Gevo’s planned Net-Zero 1 (NZ1) alcohol-to-jet (ATJ) SAF facility in South Dakota.

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Aemetis Inc., a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products that replace fossil fuels, on Aug. 1 announced Q2 2024 revenues were up 48% when compared to the same period of 2023.

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Biofuel generated from logging residues could make switching to sustainable aviation fuel (SAF) more cost-efficient and carbon friendly than previously thought, according to new research from the University of Georgia.

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The National Renewable Energy Laboratory, in partnership with the U.S. Department of Energy Bioenergy Technologies Office, released the first two parts of the Sustainable Aviation Fuel (SAF) State-of-Industry Report.

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Thailand’s newly proposed National Energy Plan is expected to set a target for sustainable aviation fuel (SAF) starting in 2026, according to a report filed with the USDA. The plan also includes targets for ethanol and biodiesel.

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Researchers analyzed the financial and environmental costs and benefits of four biofuels crops used to produce SAF in the U.S. They found that each feedstock performed best in a specific region of the rainfed United States.

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Valero Energy Corp. released Q2 financial results on July 25, reporting strong performance for both its ethanol and renewable diesel segments. The company’s SAF project in Texas remains on track to begin operations later this year.

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The Sustainable Aviation Fuel (SAF) Coalition responds to USDA request for information on biofuel feedstocks, encouraging the agency to ensure federal policies are science-based and technology and feedstock neutral.

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A bipartisan group of 16 senators and 36 representatives on July 23 sent a letter to U.S. Treasury Secretary Janet Yellen urging her agency to take immediate action to finalize the rules to implement the 45Z clean fuel production credit.

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LanzaJet on July 24 announced a strategic investment from Airbus. The investment enables LanzaJet to continue to build its capability and capacity to scale its proprietary ethanol to sustainable aviation fuel (SAF) process technology.

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The August issue of Ethanol Producer Magazine focuses on the next big market opportunity—sustainable aviation fuel (SAF).

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The U.K. Department for Transport on July 22 sent a written statement to the U.K. Parliament confirming that, subject to Parliamentary approval, the agency will introduce a sustainable aviation fuel (SAF) mandate starting on Jan. 1, 2025.

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The U.S. DOE has announced awards for the FY24 Phase I Release 2 of the Small Business Innovative Research and Small Business Technology Transfer program. Thirteen of 229 selected projects focus on bioenergy research and development.

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The U.S. Department of Transportation’s Federal Aviation Administration has launched $1 billion fiscal year (FY) 2025 funding opportunity that could help U.S. airports develop infrastructure to increase access to sustainable aviation fuel (SAF).

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Analyzing the pros and cons of the 40BSAF-GREET model, industry leaders suggest what its replacement tax credit structure, 45Z, should preserve, change and eliminate to fairly and effectively accelerate alcohol-to-jet SAF production.

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Ethanol holds promise as an SAF feedstock, due in no small part to its availability of supply relative to lipid feedstocks, which are feeling global pressure.

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King Charles announced that the U.K. Parliament will soon introduce a bill to support the production of SAF via a revenue support mechanism during his July 17 speech that formally opened a new session of the British Parliament.

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Production capacity of sustainable aviation fuel (SAF) in the U.S. could increase from around 2,000 barrels per day (b/d) to nearly 30,000 b/d in 2024 if all announced capacity additions come on line.

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Advised by several former CEOs from big-name companies, Avina Clean Hydrogen is on an ambitious lateral pursuit in Illinois: sustainable aviation fuel production via ETJ.

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American Airlines consumed 2.7 million gallons of SAF in 2023, according to its 2023 Sustainability Report. While that volume of SAF use was up 4% when compared to 2022, it accounted for less than 1% of total fuel use during the year.

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A new U.S. DOE report helps answer a basic—but big—question about the future of the U.S. SAF industry: Is there enough biomass feedstock to meet the nation’s goals?

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In June, the industry gathered in Minnesota for the largest, longest-running ethanol conference in the world. After four decades, the FEW remains a can’t-miss early summer event for ethanol plant personnel and the companies that support them. Photos: BBI/Sarah Morreim

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The Advanced Research Projects Agency-Energy (ARPA-E) on July 11 announced up to $36 million in funding to develop technologies to lower nitrous oxide (N2O) emissions by 50% from the cultivation of corn and sorghum used for U.S. ethanol production.

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USGC staff and representatives traveled to Vancouver, Canada, in June to join Advanced Biofuels Canada in hosting a sustainable aviation fuel (SAF) policy roundtable on the sidelines of a USDA agribusiness trade mission.

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The International Air Transport Association has called on South Africa to mobilize its experience, resources, and infrastructure to accelerate the development of sustainable aviation fuel (SAF) production.

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