Renewable jet fuel consumption in the United States stands at 16.3 million gallons as of August 31, 2023. Renewable jet fuel consumption is currently three percent above full-yar 2022 renewable jet fuel blending of 15.8 million gallons. The Jacobsen expects total 2023 renewable jet fuel consumption to expand to between 24 million to 28.5 million gallons by year-end.
The Sustainable Aviation Fuel (SAF) Grand Challenge was announced in 2021 to expand domestic consumption of renewable jet fuel. The goal of the “Challenge” is to reach three billion gallons of SAF by 2030 and 35 billion gallons by 2035.
2022 consumption of renewable Jet jumped 212 percent, moving from 5.1 million gallons consumed in 2021 to 15.8 in 2022. Despite the large 2022 increase, SAF accounted for less than 0.1 percent of the total jet fuel used by major U.S. Airlines.
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10.17.2024
US DOE to guarantee nearly $3 billion in SAF loans to Gevo, Montana Renewables
The US Department of Energy’s Loan Programs Office announced on Wednesday October 16 conditional commitments for up to $2.9 billion in loans for two sustainable aviation fuel (SAF) producers.
10.17.2024
US fats and oils markets quiet amid industry event; DCO production up
The US animal fats and oils markets were quiet on Thursday October 17, with the majority of participants attending the American Fats and Oils Association (AFOA) event in Nashville.
The...
10.17.2024
US animal proteins market steady on October 17
US animal protein prices were steady on Thursday October 17, with market participants indicating a slow day for trading.
September USDA Feed Outlook
Grain consuming animal units (GCAUs)...