USDA, DOE award loan guarantees to build first-of-kind facilities

As direct government support for alternative fuel technologies, mainly subsidies and tax incentives, have dried up in many countries throughout the world (see the January 17, 2012 LRAFJ), the U.S. is promoting alternative fuel expansion through a series of loan guarantees from the U.S. Department of...

This research is archived and therefore no longer available. For further assistance please contact your Customer Success Manager or email Thank you!

Related Research

ExxonMobil doubles renewable diesel supply agreement with Global Clean Energy to 5 million barrels per year for five years

News Commentary | April 30, 2021

Lux has consistently pegged renewable diesel as the winning advanced biofuel over the years – in 2013, 2016, and 2019. While others have opted to retrofit existing refinery assets to become producers of renewable diesel, ExxonMobil will enter the space through a supply agreement instead. Doubling ... Not part of subscription

Neste expands its geographical footprint into the U.S. with a 730-million-gallon-per-year facility in JV with Marathon Petroleum

News Commentary | March 08, 2022

The 50‑50 joint venture (JV) with Marathon Petroleum will cost approximately USD 2 billion and convert Marathon's Martinez refinery in California for the production of renewable diesel. Lux labeled renewable diesel as the future of the biobased fuels industry in 2016, and the rapid scale‑up in ... Not part of subscription

Phillips 66 to convert San Francisco refinery into a renewable fuel facility with USD 850 million investment

News Commentary | May 23, 2022

Two years after deciding to convert the Rodeo Refinery into the world's largest renewable diesel facility, Phillips 66 is doubling down to build another 800‑million gallon/year facility by 2024: Instead of processing crude oil, the converted facility will use waste oils, fats, greases, and vegetable... Not part of subscription