Category: Fuels

Next-generation biofuels market to reach value of over $9.8 billion in 2023, report finds

Next-generation biofuels market to reach value of over $9.8 billion in 2023, report finds

October 13, 2023 |

In Ireland, Research and Markets reported that the global next-generation biofuels market is expected to exceed $9.8 billion in 2023.  “This growth trend is expected to continue through 2033, driven by various factors including increasing global energy demand, sustainability concerns, and government regulations aimed at reducing greenhouse gas emissions,” the report said. “As the world […]

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Aker Carbon Capture awarded feasibility study for German CHP project

Aker Carbon Capture awarded feasibility study for German CHP project

October 12, 2023 |

In Germany, Aker Carbon Capture has been awarded a feasibility study to implement carbon capture at a biomass combined heat and power (CHP) facility. The planned capture capacity will be 250,000 metric tons CO2 per year. For this project, Aker Carbon Capture aims to deliver its standardized Just Catch modular product. The study will assess […]

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Portugal to launch European first green hydrogen and biomethane auction for grid injection in coming weeks

Portugal to launch European first green hydrogen and biomethane auction for grid injection in coming weeks

October 12, 2023 |

In Portugal, Reuters reports the country is looking to set up the first auction in Europe for injection of green hydrogen and biomethane to the grid and is awaiting approval to use state aid for the project from the European Commission. The auction could take place in the next few weeks, pending Brussels’ green light, […]

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Green Biofuels Ltd. goes into administration

Green Biofuels Ltd. goes into administration

October 12, 2023 |

In the UK, Green Biofuels Ltd. (UK) entered Administration on October 2 and Lucy Winterborne, Kristopher Stewart Aspin and Alan Michael Hudson of Ernst & Young LLP were appointed as Joint Administrators. The appointment was made by the Qualifying Floating Charge Holder under the provisions of Paragraph 14 of Schedule B1 to the Insolvency Act […]

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Navigator pauses pipeline project while Summit trucks on through

Navigator pauses pipeline project while Summit trucks on through

October 12, 2023 |

In Minnesota, the Star Tribune newspaper reports that Navigator CO2 Ventures has put its pipeline project on pause across all states while Summit Carbon Solutions is moving forward with its plans despite setbacks along parts of its planned carbon dioxide pipeline route. Navigator has withdrawn its application in Illinois in addition to pausing the permitting […]

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Toyoda Gosei trials renewable diesel in trucks with Itochu

Toyoda Gosei trials renewable diesel in trucks with Itochu

October 12, 2023 |

In Japan, Toyoda Gosei Co., Ltd. has participated in a field trial to demonstrate the utility of renewable diesel fuel (RD fuel), an alternative diesel fuel for trucks, in distribution by group company TG Logistics Co., Ltd. This field trial was conducted in collaboration with Itochu Enex Co., Ltd., which is building a supply chain […]

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Indonesia saved 27.8 million CO2e thanks to B30 in 2022

Indonesia saved 27.8 million CO2e thanks to B30 in 2022

October 12, 2023 |

In Indonesia, the Director General of New, Renewable Energy and Energy Conservation (EBTKE) of the Ministry of Energy and Mineral Resources said that throughout 2022, the mandatory B30 biodiesel program succeeded in reducing greenhouse gas emissions by up to 27.8 million CO2e with a biodiesel quota allocation of 11 billion liters, worth more than $10 […]

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Variodin teams with Belize to invest $50M in sargassum-MSW biofuel project

Variodin teams with Belize to invest $50M in sargassum-MSW biofuel project

October 12, 2023 |

In Belize, Reuters reports the country will together with German company Variodin will invest $50 million to produce biofuels from sargassum seaweed that is clogging up Caribbean beaches together with municipal solid waste. With more financing, the project could be scaled up further to export electricity to the national grid through a Power Purchase Agreement. […]

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Foundation laid for $237M Inpasa Brazil biorefinery in Maranhão

Foundation laid for $237M Inpasa Brazil biorefinery in Maranhão

October 11, 2023 |

In Brazil, the federal government’s policy of encouraging the production of biofuels in the country has yielded yet another fruit, this time in Balsas, Maranhão. On Tuesday, the foundation stone was laid for the installation of the industrial complex of the company Inpasa Brasil, intended for the production of ethanol, bran, crude oil and electrical […]

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Yield10 Bioscience makes progress toward enabling weed control for camelina

Yield10 Bioscience makes progress toward enabling weed control for camelina

October 11, 2023 |

In Massachusetts, Yield10 Bioscience announced recent advancements toward enabling weed control for camelina cultivation and supporting grower adoption of the crop for production of low-carbon intensity feedstock oil for the biofuel market. Control of broadleaf weeds is essential for the rapid adoption and success of commercial crops in North America. Yield10 is establishing a leadership […]

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