In New York state, S&P Global Platts announced the launch of the first-to-market Sustainable Aviation Fuel (SAF) price assessment for the Americas, aimed at bringing transparency to a developing market as the airline industry embraces energy transition. This follows the Platts launch of Europe’s first-ever independent price references for sustainable aviation fuel on August 17, […]
In New York state, Fortistar and Rumpke Waste & Recycling announced commencement of construction of the Noble Road Landfill Renewable Natural Gas (RNG) Project, a $33 million transportation decarbonization project in Shiloh, Ohio. The project will extract and capture waste methane from the Noble Road landfill in Ohio and transform it into Renewable Natural Gas […]
In New York state, Democratic presidential nominee Joe Biden told Reuters President Trump’s efforts to help the ethanol industry were “too little, too late”, saying that rejecting the SRE gap-year waivers 50 days before the election wouldn’t make up for four years of negligence. The Biden campaign is pushing hard in corn states, seeking to […]
In New York state, Reuters reports that RIN prices skyrocketed a two-year high of 55 cents for D6 credits on the back of its exclusive story that President Trump told the EPA to deny all gap-year SRE applications. The RIN prices, not seen that high since March 2018, were nearly 18% higher than the day […]
In New York state, a research team at SUNY College of Environmental Science and Forestry (ESF) has a plan to turn waste into a green solvent for biofuel production. They concluded that lignin – a polymer deposited in the cell walls of many plants – has the potential to replace biomass processing solvent and drive […]
In New York state, SUNY College of Environmental Science and Forestry (ESF), as a member of a mid-Atlantic consortium, has received $630,000 over five years from the United States Department of Agriculture (USDA) to develop biomass systems and products with the potential to put abandoned lands and people back to work. The Mid-Atlantic Sustainable Biomass […]
In New York state, Platts reports that as the Northeast regions begins to ease up its COVID-19 pandemic lockdowns, demand for ethanol has risen in turn helping to support New York Harbor barge ethanol prices to the highest levels seen so far in 2020 at $1.4650/gal. Ethanol production was scaled back by as much as […]
In New York state, Orion Energy Partners, GCM Grosvenor and Voya Investment Management teamed to invest $365 million to retool a portion of an existing oil refinery in Bakersfield into a renewable diesel bio-refinery. The project will use Global Clean Energy Holdings’s proprietary camelina oil as well as traditional biofuel feedstocks such as waste fats, […]
In New York state, Reuters reports that 2019 D6 RIN prices have more than doubled in value to 19 cents since an US appeals court told the Environmental Protection Agency to reconsider the issuance of three hardship waivers a few weeks ago, with Phillips 66 and Valero actively in the market buying credits. At the […]
In New York state, Caribou Biofuels, Incorporated, a company that develops hardware and systems to cost-effectively process biomass, has entered into an agreement with the Research Foundation for SUNY, on behalf of SUNY Cobleskill, to develop and commercialize a rotary gasifier that turns combustible waste into biofuel and a soil supplement. The patent-pending technology was […]
