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RedRock Biofuels to supply 3M gallons/year of renewable jet fuel to FedEx through 2024

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FedEx joins Southwest Airlines, which signed a purchase agreement with RedRock in November 2014 for about 3 million gallons per year, in purchasing Red Rock’s total planned available volume of jet fuel. The agreement runs through 2024, with first delivery expected in 2017. Earlier post.). —Terry Kulesa, co-founder and CEO of Red Rock.

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DNV GL paper suggests near-term success for LNG in shipping; alternative fuel mix to diversify over time

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DNV GL expects LNG uptake to grow quickly in the next 5 to 10 years, first on relatively small ships operating in areas with developed gas bunkering infrastructure, where LNG prices are competitive to HFO (heavy fuel oil) prices. Ship electrification and renewables. —“Alternative Fuels For Shipping”.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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A continuing sharp decline in technology costs—particularly in solar but also in wind—meant that every dollar invested in renewable energy bought significantly more generating capacity in 2014. A key feature of the 2014 result was the rapid expansion of renewables into new markets in developing countries.

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Accenture Reports Identifies 12 Disruptive Technologies Most Likely to Transform Supply and Demand of Transport Fuels and Cut Emissions Within Next 10 Years

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by 2014) and also examines different global markets. Will be competitive at an oil price of $45 to $90 at their commercial date. Waste-to-fuel. The production of transport fuel from waste is a nascent technology, largely in the lab and pilot stages of commercialization at present.

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United Airlines invests $30M in Fulcrum BioEnergy; renewable jet fuel offtake agreement, potential joint development of production

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the developer of a process for converting municipal solid waste into low-cost sustainable aviation biofuel. Investing in alternative fuels is not only good for the environment, it’s a smart move for our company as biofuels have the potential to hedge against future oil price volatility and carbon regulations. Earlier post.)

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