SAF producer eyes DOE loan guarantee for Houston refinery

By Kelsey Tamborrino | 03/19/2024 06:46 AM EDT

The Houston facility will produce more than 250 million gallons of sustainable aviation fuel annually, according to World Energy.

Sustainable aviation fuel producer World Energy said Monday it is advancing in the application process for a $2 billion loan guarantee from the Energy Department to convert an existing refinery into a renewable fuels facility that can cut emissions from the aviation industry.

If awarded, the loan guarantee would help fund the construction of World Energy’s facility in Houston — the hub of U.S. energy production — to produce sustainable aviation fuel and clean hydrogen.

Both technologies are seen as key in helping to decarbonize hard-to-abate sectors like aviation and heavy-duty trucking and are priorities for the Biden administration.


World Energy said Monday it was invited to submit a Part II application for the loan guarantee through the Loan Programs Office’s Title 17 clean energy financing program.