News

William Tebbitt, CEO of Green Biofuels, looks closer at the energy transition strategy announcements from major companies that may come in the next 12 months. He added that he hoped we would see not only infrastructure and construction projects committing to the use of alternative and transition fuels to usher in that change, but other sectors, such as supermarkets announcing their plans for…
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Pacific Island governments have reinforced their commitment to energy transition action within updated nationally determined contributions (NDCs) ahead of COP26 in Glasgow. At a meeting of high-level policy and intergovernmental representatives jointly hosted by the International Renewable Energy Agency (IRENA), the Regional Pacific NDC Hub and the UK COP26 Presidency, ministers and government…
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Neste’s plan to acquire Bunge Loders Croklaan's refinery plant in Rotterdam has been approved by the regulatory authorities. The refinery is located next to Neste’s existing biorefinery and it consists of a pretreatment facility, tank farm, jetties and has a pipeline connection to Neste’s site. The transition of operations and employees will be implemented in phases with the plant’s…
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Craig Willis, the senior vice president for global markets at Growth Energy and the Climate Ethanol Alliance, has outlined what the organisation’s prospects for the next 12 months will be like. He began by saying that President Joe Biden has promised to open a new chapter in US trade talks around the world, which is welcome news. He said: “The goal is to ease tensions and return to a more…
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Renewables Energy Group produced a record 519 million gallons of biofuels last year. In its latest financial results statement the company also revealed revenues of $2.1 billion (€1.7 billion) in the last 12 months. Gross profit was $268 million (€222 million), or 13% of revenues, compared to gross profit of $514 million (€426 million), or 20% of revenues in 2019. “REG’s resilient…
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The rising presence of carbon dioxide in the atmosphere is not a new problem and it is widely known. In 2019, a new record amount of carbon dioxide was recorded in the atmosphere at around 409 ppm, and it will be increasing every year if past trends continue. Carbon dioxide emissions have also been increasing every year with an increase of approximately 12 billion tons of emissions over the…
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The CEO of Velocys Henrik Wareborn describes how the 12 months ahead looks set to be crucial for the development of the UK’s SAF industry. He said: “Over the last year, significant progress was made by both industry and government, including a major project milestone for Altalto, Europe’s first wasteto- jet-fuel facility being developed by Velocys and our co-investor British Airways.…
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Germany has underlined its importance for the production and marketing of biodiesel in the European Union with exports of 2.33 million tonnes and an export surplus of approximately 0.9 million tonnes. These figures from Union zur Förderung von Oel- und Proteinpflanzen (UFOP) also revealed German biodiesel imports totalled approximately 1.45 million tonnes last year. The Netherlands was the…
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The CEOs of major US airlines are set to meet virtually with White House advisers about plans to reduce carbon emissions and use sustainable aviation fuel (SAF). The heads of American Airlines, United Airlines, Delta Air Lines and Southwest Airlines are among those who have been invited to meet with National Climate Adviser Gina McCarthy and economic adviser Brian Deese to discuss environmental…
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The CEO of GoodFuels has outlined how the company will be “building back from COVID-19” in the 12 months ahead with “sustainability in its sights”. He said: “In 2020, many experts predicted that decarbonisation efforts would be delayed, suspended or entirely abandoned as the entire shipping sector faced one of its biggest challenges in history – the coronavirus outbreak. “At a…
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The UK Government has announced that it will mandate the introduction of E10 fuel, petrol containing up to 10% of sustainable bioethanol, from September this year. The UK will join many other countries across the world in using this fuel. Currently petrol at service stations contain 5% bioethanol. Gaynor Hartnell, CEO of the Renewable Transport Fuel Association, said: “There aren’t many…
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The former Vivergo Fuels site in Saltend will be reopening following the UK Government’s E10 announcement. The site, near Hull which was one of the UK’s largest producer of bioethanol, was closed in 2018 over the uncertainty of future demand. Dr Mark Carr, group chief executive of Vivergo’s owners AB Sugar, said: “It was an extremely difficult decision we had to take to close in…
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Gevo and Scandinavian Airlines System have signed an amendment to increase its minimum purchase of sustainable aviation fuel (SAF) to 5,000,000 gallons per year. Gevo and SAS signed the original fuel sales agreement in October 2019. Gevo expects to supply SAS with SAF at the beginning of 2024 from Gevo’s Net-Zero 2 Project. The value of the deal is estimated at more than $100 million…
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The US Environment Protection Agency (EPA) has announced that it now backs the Tenth Circuit Court of Appeal’s ruling on small refinery exemptions (SREs). This conclusion, prompted by a detailed review by the Supreme Court, represented a change in EPA’s position. Representatives from the US biofuels industry welcomed the decision. Congress created the Renewable Fuels Standard (RFS)…
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