The UK Trade Remedies Agency (TRA) has initiated a transitional review of Indonesia’s countervailing measures on biodiesel. The measure, which was inherited from the EU, is due to expire on 10 December 2024.TRA’s review will examine the effectiveness of the measure in protecting UK biodiesel producers from unfair trade practices associated with subsidies provided to […]
Bp has launched bp Bioenergy HVO for heavy duty road transport in Spain. The renewable diesel will be available at selected petrol stations in Madrid, Valencia and Navarra. The oil and gas company will look into the possibility of expanding the availability of HVO to more points of sale in 2025. bp Europe’s senior director […]
Darling Ingredients Inc., a global leader in transforming food waste into sustainable products and renewable energy, has announced a groundbreaking development in the aviation industry. On December 10, the company revealed that Avfuel Corp., the leading independent supplier of aviation fuel and services, has received its first shipment of sustainable aviation fuel (SAF) produced by […]
CleanJoule launched its newest product, SpaceSAF™, on 10 December, which is a direct replacement for ultra-refined paraffin fuel used in liquid rockets (Rocket Propellants 1/RP-1 and RP-2). CleanJoule says its SpaceSAF meets the needs of sustainable space missions while increasing payload due to more than a 4 per cent increase in energy density compared to […]
A new report released by the Korea Institute for Energy Economics and Financial Analysis (KEEFA) highlights the importance of developing a domestic sustainable aviation fuel supply chain and addressing the associated challenges and risks for South Korea to capitalise on market opportunities. South Korea, the world’s largest exporter of aviation fuel, has implemented an SAF […]
The International Air Transport Association (IATA) has released new estimates of sustainable aviation fuel (SAF) production, which show that SAF production will reach 1 million tonnes (1.3 billion litres) in 2024, double the 500,000 tonnes (600 million litres) in 2023: – SAF production will reach 1.0 million tonnes (1.3 billion litres) in 2024, double the […]
The Center for Applied Energy Research at the University of Kentucky and the Kentucky Department of Energy and Environment have initiated a survey as part of the Biomass Feedstocks for Sustainable Aviation Fuels (SAF) Collaborative Project, funded by the U.S. Department of Energy’s National Energy Program. The survey will assess the risks associated with representative […]
Biofuels produced from waste cooking oil imported from China threaten Canada’s domestic canola market, an industry executive says, according to a report in Canada’s Western Producer. ‘It’s a big deal,’ said Chris Vervaet, executive director of the Canadian Oilseed Processors Association. The association represents most of Canada’s crushers. He says, ‘It could displace a lot […]
The Korea Times reports that HD Hyundai Oilbank’s biofuels business is achieving important milestones to meet increasingly sophisticated market demand. The refinery said it completed Korea’s first biodiesel plant using supercritical fluid technology in April and is now in commercial operation. The plant reportedly aims to produce 130,000 tonnes of biodiesel per year. The company […]
Fastmarkets and Intercontinental Exchange (ICE) announced on 9 December the launch of the ICE Waste Cooking Oil (UCO) Gulf (Fastmarkets) futures contract to meet growing demand and address the complexities of the biofuel feedstock market. The launch provides market participants with a new risk management solution in the renewable energy sector. Fastmarkets says it is […]