Ethanol

Red Trail Energy Is First Ethanol Plant to Enter Voluntary Carbon Markets

Retrieved on: 
Wednesday, March 6, 2024

Red Trail Energy, LLC (RTE), and Puro.earth today announced issuance of RTE’s carbon dioxide (CO2) removal credits on the Puro Registry, making it the first ethanol production facility to generate CO2 Removal Certificates (CORCs) in the voluntary carbon market (VCM) and the largest durable carbon removal project registered to date.

Key Points: 
  • Red Trail Energy, LLC (RTE), and Puro.earth today announced issuance of RTE’s carbon dioxide (CO2) removal credits on the Puro Registry, making it the first ethanol production facility to generate CO2 Removal Certificates (CORCs) in the voluntary carbon market (VCM) and the largest durable carbon removal project registered to date.
  • View the full release here: https://www.businesswire.com/news/home/20240306717962/en/
    North Dakota-based Red Trail Energy is the first ethanol plant to participate in the voluntary carbon markets.
  • The carbon dioxide removal (CDR) credits are generated through bioenergy with carbon capture and storage (BECCS) from ethanol production in compliance with Puro’s Geologically Stored Carbon Methodology.
  • CO2 Removal Certificate sales in voluntary markets are necessary to support building out CCS projects while reducing carbon removal project financial risks.

FUEL RETAILERS URGE EPA TO ISSUE WAIVER FOR E15

Retrieved on: 
Thursday, March 7, 2024

Circumstances emanating from the war in Ukraine coupled with recent unrest in the Middle East risk generating shipping disruptions, which will lead to a volatile fuel supply market.

Key Points: 
  • Circumstances emanating from the war in Ukraine coupled with recent unrest in the Middle East risk generating shipping disruptions, which will lead to a volatile fuel supply market.
  • "These circumstances create ongoing supply chain challenges, including a volatile fuel supply market," the fuel retail industry said.
  • Access to summertime E15 sales will help to insulate the United States from these geopolitical threats by allowing additional, domestically produced biofuels to be blended into the fuel supply.
  • While current fuel supplies are adequate to meet demand, Americans drive much more during the summer months.

FS is the first ethanol producer in the world to receive ISCC CORSIA Low LUC Risk certification for SAF production

Retrieved on: 
Monday, March 4, 2024

SÃO PAULO, March 4, 2024 /PRNewswire/ -- FS, one of the largest ethanol and animal nutrition producers in Brazil, is the first Brazilian corn ethanol industry to receive the ISCC international certification (International Sustainability & Carbon Certification), attesting that its production process meets international requirements for the production and supply of ethanol and corn oil for the production of SAF (Sustainable Aviation Fuel). Furthermore, FS is the first ethanol producer in the world to obtain Low LUC Risk certification in collaboration with one of its second-crop corn suppliers, GGF Group. 

Key Points: 
  • Furthermore, FS is the first ethanol producer in the world to obtain Low LUC Risk certification in collaboration with one of its second-crop corn suppliers, GGF Group.
  • "This certification is an important validation that Brazilian second-crop corn ethanol is a low-carbon feedstock for the production of biofuels on hard to abate sectors , like aviation.
  • Airlines will now be able to count on our ethanol as a competitive and highly scalable source to serve this market globally", explains FS' CEO, Rafael Abud.
  • FS's ethanol certification process ranged from the agricultural phase and its inputs, through biofuel production to transportation to SAF producers.

FS is the first ethanol producer in the world to receive ISCC CORSIA Low LUC Risk certification for SAF production

Retrieved on: 
Monday, March 4, 2024

SÃO PAULO, March 4, 2024 /PRNewswire/ -- FS, one of the largest ethanol and animal nutrition producers in Brazil, is the first Brazilian corn ethanol industry to receive the ISCC international certification (International Sustainability & Carbon Certification), attesting that its production process meets international requirements for the production and supply of ethanol and corn oil for the production of SAF (Sustainable Aviation Fuel). Furthermore, FS is the first ethanol producer in the world to obtain Low LUC Risk certification in collaboration with one of its second-crop corn suppliers, GGF Group. 

Key Points: 
  • Furthermore, FS is the first ethanol producer in the world to obtain Low LUC Risk certification in collaboration with one of its second-crop corn suppliers, GGF Group.
  • "This certification is an important validation that Brazilian second-crop corn ethanol is a low-carbon feedstock for the production of biofuels on hard to abate sectors , like aviation.
  • Airlines will now be able to count on our ethanol as a competitive and highly scalable source to serve this market globally", explains FS' CEO, Rafael Abud.
  • FS's ethanol certification process ranged from the agricultural phase and its inputs, through biofuel production to transportation to SAF producers.

Summit Carbon Solutions Announces New Shipper for its Carbon Capture Project

Retrieved on: 
Monday, March 4, 2024

AMES, Iowa, March 4, 2024 /PRNewswire/ -- In a significant development for the advancement of low-carbon fuel production, Summit Carbon Solutions (Summit) announced today that Valero, the world's second-largest corn ethanol producer and a leader in low-carbon transportation fuels production, will be a shipper on Summit's pipeline, as part of the largest proposed carbon capture and storage project in the world. This collaboration underscores a commitment to reliable energy, growing markets for Midwest fuel and grain, and support for rural communities.

Key Points: 
  • This collaboration underscores a commitment to reliable energy, growing markets for Midwest fuel and grain, and support for rural communities.
  • Eight of Valero's ethanol facilities across Iowa, Nebraska, Minnesota, and South Dakota are expected to be incorporated into Summit's project.
  • Participation from these eight facilities adds 1.1 billion gallons of ethanol per year and will lead to the capture of 3.1 million metric tons of CO2 annually.
  • "I view our project, as representing a meaningful shift in agriculture to lower the carbon intensity of biofuel products," said Summit Carbon Solutions CEO Lee Blank.

Argus launches first Canadian CFR road fuel spot price assessments

Retrieved on: 
Thursday, February 29, 2024

HOUSTON, Feb. 29, 2024 /PRNewswire/ -- Global energy and commodity price reporting agency Argus has launched a Canadian Clean Fuel Regulation (CFR) spot market assessment to bring new price transparency to the supply chain and enable fuel manufacturers to understand the cost of complying with environmental legislation for each litre of gasoline or diesel they sell.

Key Points: 
  • HOUSTON, Feb. 29, 2024 /PRNewswire/ -- Global energy and commodity price reporting agency Argus has launched a Canadian Clean Fuel Regulation (CFR) spot market assessment to bring new price transparency to the supply chain and enable fuel manufacturers to understand the cost of complying with environmental legislation for each litre of gasoline or diesel they sell.
  • The new daily price represents the first assessment of the Canadian CFR market underpinned by traditional survey assessment methodology.
  • Argus Media chairman and chief executive Adrian Binks said: "The significant changes under way in low carbon fuel standard (LCFS) programs in North America make Argus price assessments, news and analysis of these markets essential.
  • It assesses the Canadian CFR market and offers four quarters of pricing for California's LCFS and Oregon's Clean Fuels Program.

SOUTHWEST AIRLINES LAUNCHES RENEWABLE VENTURES SUBSIDIARY TO ADVANCE SUSTAINABLE AVIATION FUEL AND ANNOUNCES INVESTMENT IN LANZAJET

Retrieved on: 
Wednesday, February 28, 2024

DALLAS, Feb. 28, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announces the launch of Southwest Airlines Renewable Ventures (SARV), a wholly-owned subsidiary of Southwest Airlines® dedicated to creating more opportunities for Southwest to obtain scalable sustainable aviation fuel (SAF), a critical component in the success of the carrier's goal to replace 10% of its total jet fuel consumption with SAF by 2030.

Key Points: 
  • DALLAS, Feb. 28, 2024 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announces the launch of Southwest Airlines Renewable Ventures (SARV), a wholly-owned subsidiary of Southwest Airlines® dedicated to creating more opportunities for Southwest to obtain scalable sustainable aviation fuel (SAF), a critical component in the success of the carrier's goal to replace 10% of its total jet fuel consumption with SAF by 2030.
  • "Our launch of SARV and our investment in LanzaJet demonstrate that we are not sitting on the sidelines.
  • "We look forward to working with companies and organizations developing important technology, like LanzaJet, which could help us meet our SAF goals."
  • Additionally, as part of its agreement with Southwest, LanzaJet intends to build an ethanol-to-SAF facility to produce SAF primarily for Southwest.

India Biofuels Market Size to Surpass US$ 10.31 Billion by 2030 | Exhibiting a CAGR of 22% Says CoherentMI

Retrieved on: 
Tuesday, February 20, 2024

First generation technology is expected to dominate the biofuels market in India, as it is well-established and has a larger production capacity.

Key Points: 
  • First generation technology is expected to dominate the biofuels market in India, as it is well-established and has a larger production capacity.
  • These initiatives make the biofuels market in India more attractive for both domestic and international investors, creating a favorable market opportunity.
  • In conclusion, the India Biofuels Market offers significant opportunities for growth due to the increasing demand for renewable energy sources and government initiatives and policies.
  • The key players in the market are well-positioned to capitalize on these opportunities and contribute to the development of the biofuels market in India.

India Biofuels Market Size to Surpass US$ 10.31 Billion by 2030 | Exhibiting a CAGR of 22% Says CoherentMI

Retrieved on: 
Tuesday, February 20, 2024

First generation technology is expected to dominate the biofuels market in India, as it is well-established and has a larger production capacity.

Key Points: 
  • First generation technology is expected to dominate the biofuels market in India, as it is well-established and has a larger production capacity.
  • These initiatives make the biofuels market in India more attractive for both domestic and international investors, creating a favorable market opportunity.
  • In conclusion, the India Biofuels Market offers significant opportunities for growth due to the increasing demand for renewable energy sources and government initiatives and policies.
  • The key players in the market are well-positioned to capitalize on these opportunities and contribute to the development of the biofuels market in India.

Ultra Pure Unveils Distilled Spirits Plant Opening and Bulk Spirits Tank Lease Services for Producers in Louisville, KY

Retrieved on: 
Tuesday, February 20, 2024

DARIEN, Conn., Feb. 20, 2024 /PRNewswire-PRWeb/ -- Building upon the excitement surrounding the unveiling of the new DSP, Ultra Pure is excited to introduce an opportunity for producers to leverage the cutting-edge tank facilities within the sprawling 5 acre and 30,000-square-foot warehouse complex. With a total capacity of 1.00 million gallons, half of this impressive storage space is now available for third-party rental, providing producers with a convenient and reliable solution for their storage and blending needs.

Key Points: 
  • Ultra Pure, a leading name in the distilled spirits industry, is proud to announce the grand opening of its state-of-the-art Distilled Spirits Plant (DSP) in Louisville, Kentucky, along with the launch of an innovative bulk spirits tank lease service, offering producers unparalleled access to premium storage facilities.
  • "At Ultra Pure, we are dedicated to supporting the growth and success of our industry partners," stated Niels van der Kloot, President of Ultra Pure.
  • The bulk spirits tank lease service offers producers access to a host of amenities designed to streamline operations and enhance efficiency.
  • Producers interested in learning more about the bulk spirits tank lease service are encouraged to contact Ultra Pure for more information.