Renewable natural gas (RNG) and biofuels producer Aemetis Inc. has closed the sale of $53 million in investment tax credits created through the Inflation Reduction Act (IRA) as a part of its first wave of projects expected to be accelerated by the legislative program. The California-based company disclosed that it wrapped up at the end…
Biofuels
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Chevron, Bunge Launch Another U.S. Renewable Fuels Deal Using Canola
Chevron U.S.A. Inc. and joint venture (JV) partner Bunge Ltd. plan to work with Corteva Inc. to advance plant-based renewable diesel with U.S.-grown canola crops. Working with Corteva, Bunge Chevron Ag Renewables wants to introduce proprietary winter canola crops and increase the availability of vegetable oil feedstocks for the domestic renewable fuels market. “Feedstock innovation…
Gevo’s Proposed SAF Facility Dubbed ‘Largest Economic Investment’ Ever in South Dakota
Gevo Inc. is preparing to build a commercial-scale sustainable aviation fuel (SAF) production facility, Net-Zero 1 (NZ1) in South Dakota, in which the biofuels company plans to incorporate green hydrogen produced from water and renewable natural gas. “As all the elements come together, from farmers growing sustainable corn feedstock, to renewable wind power and renewable…
Imperial, Air Products Collaborating on Strathcona Biodiesel Project in Edmonton
Natural gas would become a stepping stone to produce renewable diesel fuel in Canada under a long-term contract between Imperial Oil Ltd. and Pennsylvania’s Air Products & Chemicals Inc. Air Products would extract hydrogen from natural gas, aka blue hydrogen, at its plant near Edmonton, which would be used by Imperial to manufacture 20,000 b/d…
California’s Renewable Diesel Market Growing as Refineries Convert Operations
Kinder Morgan Inc. (KMI) plans to permit and construct a renewable diesel (R99) hub in Southern California as growth opportunities in the market expand. “As refineries are converting to renewable diesel, we believe this is an attractive opportunity to pivot to the energy fuels of the future in a manner that is consistent with our…
Louisiana Green Diesel Project Using CCS Advancing for Caldwell Parish Port
The Port of Columbia in Caldwell Parish, LA, and Strategic Biofuels LLC jointly announced the port has received a $15 million grant to improve the port’s accessibility and infrastructure in preparation for the Louisiana Green Fuels (LGF) renewable diesel plant. The grant is from the Louisiana Department of Transportation and Development (DOTD) through its Louisiana…
Sugar Rush in Louisiana as Delta Biofuels Plans Renewables Plant
Delta Biofuels Inc. expects to begin groundwork later this year on a $70 million renewable fuel plant that would utilize excess sugarcane pulp, or bagasse, as feedstock. In December, the subsidiary of Tasso Renewable Energy began working with the Louisiana Economic Development (LED) to acquire a pellet plant in Jeanerette, aka Sugar City. According to…
EIA Expanding Monthly Biofuels Updates
The U.S. Energy Information Administration (EIA) plans to issue monthly reports that expand upon biofuels data. EIA’s first edition of Monthly Biofuels Capacity and Feedstocks Update was published Wednesday (March 31) with January data. “We developed the Monthly Biofuels Capacity and Feedstocks Update because of the significant growth in U.S. production of renewable fuels,” said…
RNG Fans Cheer EPA for 2020 Renewable Fuel Allocation
Proponents of natural gas vehicles (NGV) on Thursday cheered the U.S. Environmental Protection Agency (EPA) for its increased allocation of volumes of cellulosic biofuel for next year as a boost to the steadily increasing use of renewable natural gas (RNG) in NGVs.
NGI The Weekly Gas Market Report
BP Expanding Portfolio of Global Renewables Projects
BP plc, long North America’s largest natural gas marketer, as well as one of the biggest global natural gas and oil, in recent days has turned its attention to bulking up its alternative fuels portfolio.