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RFA proud to join new SAF Coalition at takeoff

April 30, 2024

BY Renewable Fuels Association

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Australia’s 2024-2025 budget includes support for SAF, renewable hydrogen

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By Erin Voegele

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The Australian government on May 14 released its $22.7 billion 2024-2025 budget. The plan, in part, includes provisions that aim to support the commercialization of net-zero technologies, such as SAF and renewable hydrogen.

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LanzaJet on May 16 announced a $20 million investment from Groupe ADP, the world leader in airport design and operations. The investment enables LanzaJet to continue building its capability and capacity to deploy its SAF process technology globally.

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A group of 25 trade organizations on May 15 sent a letter to Treasury Secretary Janet Yellen urging the agency to release guidance for the 45Z clean fuels production tax credit along with any necessary updated GREET models.

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Aemetis Inc. released Q1 results on May 9, reporting increased revenues. Company officials confirmed the company’s biodiesel, RNG and ethanol segments performed well during the quarter and provided an update of proposed SAF and CCS projects.

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On its path to opening a facility designed to turn agriculture residue into a scalable biofuel business, SAFFiRE Renewables LLC plans to break ground on its pilot plant near Liberal, Kansas, in late 2024.

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