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...
Biodiesel margins have significantly improved in the US over the past two weeks as soybean oil futures declined and prices for renewable identification numbers (RINs) increased. But several biodiesel producers told Fastmarkets they are slowing discretionary blending due to the lapsing $1-per-gallon blenders tax credit (BTC), which lapses in December.
The clean fuel production credit (CFPC) is set to replace the BTC on January 1, 2025, but the information needed to price the CFPC has not been made available yet.