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UK’s NorthPoint SAF facility uncertain as project developer files for bankruptcy
The future of the NorthPoint sustainable aviation fuel (SAF) facility in the UK could be in the balance after sources told Fastmarkets last week that project developer Fulcrum BioEnergy has filed for bankruptcy
September 26, 2024
·
By Alexandra Chapman, Wendy Dulaney
Insights
US renewable fuels group seeks update on EPA investigation into feedstock imports
The US Renewable Fuels Association has urged the EPA to update its investigation into foreign feedstock imports and implement stricter verification requirements for used cooking oil and tallow.
September 19, 2024
·
By Amanda Luhavalja
Insights
European Commission energy report highlights progress in renewable energy but downplays biofuels
The European Commission published its annual State of the Energy Union Report 2024 on Wednesday, September 11, outlining the EU’s progress toward the clean energy transition and climate goals
September 16, 2024
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By Misha Simonovska
Insights
European biofuel feedstock market at a standstill with activity expected to resume in 2025
The slowdown in animal fats demand was caused by various reasons, including the oversupply of feedstocks, cheap biofuels tickets and negative production margins, sources told Fastmarkets Wednesday.
August 30, 2024
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By Veronika Prykhodko
Insights
US largely absent from UK’s first 2024 biofuel data; Asia volumes decline
The UK government’s first release of provisional biofuel data for the calendar year to the end of July 2024, published on Wednesday August 14, reveals a notable decline in renewable fuel activity compared with the same period last year.
August 20, 2024
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By Misha Simonovska, Timothy Worledge, the Fastmarkets team
Insights
SAF procurement: Challenges in budgeting and the importance of understanding feedstock cost
Fastmarkets senior analyst and forecaster, Tore Alden, answers six key questions on the challenges faced by the sustainable aviation fuel industry
August 14, 2024
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Insights
Proposal to amend frequency of European ultra low sulfur diesel, biodiesel assessments
Fastmarkets proposes to amend the pricing frequency of its three main European biodiesel assessments, both as outright prices and as premiums to the underlying gasoil contract, as well as its ultra low sulfur diesel assessment from a weekly basis to daily.
August 7, 2024
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By Misha Simonovska
Insights
BP heralds scaling back of biofuel projects as Q2 profits hit $2.76 billion
The international oil major BP has unveiled a $2.76 billion profit across its energy portfolio in the second quarter of 2024, a 6.4% increase on the corresponding period of 2023 and 1.2% higher than its first-quarter profits
August 2, 2024
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By Timothy Worledge
Insights
The European Commission puts anti-dumping duty on Chinese biodiesel
The European Commission has confirmed that it will apply anti-dumping duties to Chinese biodiesel producers from August 16 this year, according to multiple sources
July 22, 2024
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By Timothy Worledge
Insights
UK RTFC trade posts first 2025 indications as 2023 activity largely done
Early trade indications for renewable transport fuel certificates for the 2025 compliance year have surfaced for the first time, with initial bids suggesting values might be around parity or slightly discounted compared with current certificates
July 17, 2024
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By Misha Simonovska
Insights
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