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Neste pulls back on green hydrogen project at Porvoo refinery
Neste has canceled its 120 MW electrolyzer project at the Porvoo refinery due to economic and regulatory challenges, reflecting a broader trend of energy companies scaling back renewable fuel investments.
October 29, 2024
·
By Misha Simonovska
Insights
European Commission’s €4.8 billion net-zero investment benefits maritime sector
The European Commission has committed €4.8 billion from emissions trading revenues to support 85 innovative net zero projects through its Innovation Fund, raising its total investment to €12 billion.
October 24, 2024
·
By Alexandra Chapman
Insights
Unlocking true SAF market value: Fastmarkets’ new SAF price insights, production cost analysis and market outlook
What we’ve learned from our webinar
October 22, 2024
·
By the Fastmarkets team
Insights
India’s corn trade braces as ethanol mandate hike fires competition fears
India’s corn consumption could spike in 2025 amid expectations that the government may hike its ethanol mandate and force increased use of the grain, trade sources told Fastmarkets in the week to Friday October 11
October 14, 2024
·
By Timothy Worledge
Insights
SAF to account for 12% global aviation energy demand by 2050, said DNV
Sustainable aviation fuels (SAF) will start to see increased uptake from the 2030s and will account for up to 12% of world aviation energy demand by 2050, according to the 2024 Energy Transition Outlook published by Norwegian classification organization DNV on Wednesday October 9
October 11, 2024
·
By Alexandra Chapman
Insights
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
US aims to increase SAF output by 12,000% and lead the renewable fuel transition in aviation
Read how Fastmarkets is stepping in with industry-leading market intelligence
September 3, 2024
·
By Yolande Peters
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
·
By Veronika Prykhodko
Insights
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