The Energy Information Administration is predicting the production capacity of sustainable aviation fuel in the U.S. to increase from 2,000 barrels a day to 30,000 barrels a day this year (2024). That’s if all announced capacity additions manage to successfully come online.
Developers expect Phillips 66’s Rodeo Renewed Project to produce about 10,000 barrels a day beginning this summer. Diamond Green Diesel’s Port Arthur SAF project is predicted to produce around 15,000 barrels per day by the end of 2024. SAF is an alternative to petroleum jet fuel. It’s produced from agricultural and waste feedstocks and consumed in blends with petroleum jet fuel. About 1.6 million barrels a day of petroleum jet fuel was consumed in the U.S. during 2023, and the EIA predicts jet fuel demand by 2050 to exceed two million barrels a day. At the beginning of 2024, only two plants could produce SAF: one in California and the other in Montana.
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