11/19/2024 | Press release | Distributed by Public on 11/19/2024 15:32
WASHINGTON, D.C. - Earlier this month, U.S. Senator Tina Smith wrote a letter to Department of Energy Secretary Jennifer Granholm pushing for the construction of a proposed $5 billion sustainable aviation fuel production facility in Moorhead, Minnesota, by DG Fuels. The new facility would create 650 jobs and contribute more than $205 million per year to the growing economy of the Moorhead area. It would produce nearly 200 million gallons of near-zero carbon aviation fuel annually, and production at the facility would begin in 2030.
"The clean energy transition is here, and I want Minnesota to lead it," said Senator Smith. "The construction of this sustainable aviation fuel facility will not only boost Moorhead's regional economy and create jobs, but it will establish Minnesota as a global hub for clean, sustainable, homegrown energy."
Senator Smith has long been a vocal proponent of Sustainable Aviation Fuel production in Minnesota. In July, Senator Smith joined colleagues in sending a bipartisan, bicameral letter urging the U.S. Treasury Department to finalize the rules to implement the Section 45Z Clean Fuel Production Credit, which would help boost production of clean fuels. Senator Smith is a leader on clean energy in the Senate, securing funding for a multitude of clean energy initiatives across the state, continuing to push for national energy security, U.S. leadership in technological and economic development, and lowering energy costs for Minnesotans.
Minnesota has also recently created a state tax credit for sustainable aviation fuel production and blending as well as the Minnesota SAF Hub, created by the Minneapolis-St. Paul Economic Development Partnership. The SAF Hub is focused on establishing the world's first industrial-scale sustainable aviation fuel economy in Minnesota.
You can read Senator Smith's letter here.
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