US production capacity for SAF to grow, says the EIA
Production capacity of sustainable aviation fuel (SAF) in the United States 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, according to the US Energy Information Administration. Developers expect Phillips 66’s Rodeo Renewed project to produce up to about 10,000 b/d of SAF beginning this summer, and they expect Diamond Green Diesel’s Port Arthur SAF project to produce about 15,000 b/d of SAF by the end of the year.
Investments in SAF have increased due to the US Environmental Protection Agency’s Renewable Fuel Standard (RFS), federal tax credits, and state programs and tax credits incentivizing use of the fuel.
The White House also set a goal of meeting 100% of U.S. aviation fuel demand with SAF by 2050. About 1.6 million b/d of petroleum jet fuel was consumed in the United States in 2023, and we project U.S. jet fuel demand in 2050 to exceed 2.0 million b/d in our 2023 Annual Energy Outlook.
#Indonesia is taking a major step toward its #renewable #energy goals with the advancement of its ambitious #B50 biodiesel mandate, positioning the country at the forefront of global biofuel innovation.
https://biofuels-news.com/news/indonesia-plans-full-rollout-of-b50-in-the-new-year/
@BiofuelsPartners and @EnergyPro have forged a new strategic partnership aimed at advancing the development of HVO (hydrotreated vegetable oil) and SAF (sustainable aviation fuel) trading within the EMEA market.
https://biofuels-news.com/news/biofuelspartners-and-energypro-create-new-strategic-alliance/
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