Published by Todd Bush on November 5, 2024
ST. PAUL, Minn., Nov. 04, 2024 (GLOBE NEWSWIRE) -- DG Fuels announced the selection of a site for a roughly $5 billion manufacturing facility and hundreds of good jobs in Moorhead, Minnesota, that will produce 193 million gallons per year of low-carbon aviation fuel (SAF) using agricultural and wood waste as feedstock.
>> In Other News: New Hydrogen CEO Steve Hill and Duke University Energy Policy Expert Discuss the Challenges and Opportunities of the Hydrogen Sector in the United States
This news is a notable milestone for the MN SAF Hub and is the most significant commitment towards commercial scale SAF production in the state.
The announcement also reflects Minnesota’s compelling value proposition to SAF producers, which includes abundant and diverse feedstocks, clean electricity, mature rail networks, and strong state support.
The 193 million gallons projected by DG Fuels would represent nearly half of the fuel used at the MSP International Airport.
**“This exciting announcement demonstrates how building a new SAF economy in Minnesota will create opportunities that stretch from the tarmac of MSP International Airport to every corner of the state,” said Peter Frosch, president and CEO of the GREATER MSP Partnership.
The MN SAF Hub looks forward to working with DG Fuels and the city of Moorhead to address the next set of requirements to advance this project, including aggregating feedstocks.
**“Moorhead is a welcoming community – and is growing in population and national influence. With the largest shovel-ready industrial site in the state of Minnesota, we are excited and prepared to compete on the national stage for this economic development opportunity,” said Mayor Shelly Carlson.
The hub is actively pursuing opportunities to bring to Minnesota producers of all sizes, using multiple technology pathways and feedstocks, and with production starts prior to 2030, to be part of this growing SAF industry, as the current demand for SAF at MSP Airport outstrips supply.
The DG Fuels announcement advances key aims of the Minnesota SAF Hub:
Creating demand in order to attract supply. To that end, the hub recently launched a “Demand Consortium” with the goal of purchasing the first several million gallons of SAF each year, with purchases anticipated to start in the fourth quarter of 2025.
Partnering with the state of Minnesota to incentivize and de-risk the SAF market. For instance, the state’s Sustainable Aviation Fuel Credit has served as an incentive for companies that produce or blend sustainable aviation fuel in Minnesota.
The benefits of Minnesota’s SAF industry will accrue statewide. DG Fuels estimates that its investment in Clay County will result in 650 quality jobs, millions of dollars per year of on-farm income, and $50 billion of economic impact across the state.
The Minnesota SAF Hub is the nation’s first large-scale hub committed to scaling production of sustainable aviation fuel to replace conventional jet fuel.
The Minnesota SAF Hub is a coalition anchored by Bank of America, Delta Air Lines, Ecolab, and Xcel Energy. These anchor companies are joined by other leading organizations, such as the State of Minnesota, the Metropolitan Airports Commission (which owns and operates MSP Airport), the University of Minnesota, and many others.
The Minnesota SAF Hub is led by the GREATER MSP, a partnership of more than 1,000 leaders from more than 300 leading businesses, universities, cities, counties, and philanthropic organizations working together to accelerate competitiveness and inclusive economic growth of the 15-county Minneapolis–Saint Paul region while leading the nation in tackling the most difficult challenges of the new economy.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🗑️ The Next Big Thing in Carbon Capture? Trash. ⚡ Hydrogen Hope on the Chopping Block: How ARCHES and Other Blue-State Projects Got Caught in the Crossfire 📊 GEP Expands Carbon D...
Inside This Issue 🔧 America Bets Big on Blue Hydrogen: Inside the Engine Revolution Backed by Top Institutions 🤖 Bringing AI to Carbon Capture: How Imperial College is Revolutionising Plant Operat...
Inside This Issue 💰 Shell, Equinor, Totalenergies to Invest $714 Million in Carbon Storage Expansion 🚢 AiPs Obtained for Liquefied CO₂ Carrier Design and Floating Liquefied Storage Facility 🌱 Stoc...
Ocean Visions Releases Comprehensive Marine Carbon Dioxide Removal Ecosystem Database
WASHINGTON, DC, UNITED STATES, April 2, 2025 /EINPresswire.com/ — Ocean Visions has released a comprehensive database that provides an in-depth repository of the diverse entities in the marine carb...
Deal with Microsoft enables science research at Terradot project site in Brazil SAN FRANCISCO – Terradot, a leader in Enhanced Rock Weathering (ERW) technology, today announced an agreement with M...
Hyaxiom, Inc., Announces Nation's First Multi-megawatt, Multi-story Installation Fuel Cell Project
Charter Oak Combined Heat and Power (CHP) Project in Bridgeport aims to deliver low-emission power, high CHP efficiency, and local energy benefits EAST HARTFORD, Conn., April 2, 2025 /PRNewswire/ ...
SLINGERLANDS, N.Y., April 03, 2025 (GLOBE NEWSWIRE) -- STEF Group, European leader in transport and logistics services for temperature-controlled food products, has recently launched two hydrogen p...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.