In the dynamic landscape of aviation, will sustainable aviation fuel (SAF) emerge as a lucrative game-changer, propelling airlines to eco-friendly profitability? Moreover, will a specific SAF technology act as the silver bullet, or will we see multiple winners emerging across various pathways?
Driving Progress: The Role of Sustainable Aviation Fuel (SAF) in Achieving Net-Zero Emissions by 2050
SAF is a drop-in liquid fuel capable of reducing flight CO2 emissions by up to 80%. According to IATA estimates, SAF has the potential to contribute approximately 65% of the emission reduction required for the aviation industry to achieve net-zero by 2050.
Noteworthy progress is being made in the world of sustainable aviation fuel (SAF), a drop-in liquid fuel capable of reducing flight CO2 emissions by up to 80%. The recent passage of the #RefuelEU mandate in Europe, coupled with various global airlines committing to using SAF, has brought attention to this eco-friendly aviation solution, which has the potential to contribute approximately 65% of the emission reduction required for the aviation industry to achieve net-zero by 2050.
Our team at TDK Ventures has been delving into this space through our Deep Explorations practice (https://lnkd.in/eyhtgKDZ), exploring different technologies in this space.
One notable technology in this space, called hydroprocessed esters and fatty acids (HEFA), stands out for its maturity in SAF production. While it offers a cost-effective way to produce fuel, the limited availability of oil-based feedstock remains a growing concern.
Another advancement known as the alcohol-to-jet (ATJ) method involves converting alcohol like ethanol or methanol to SAF. With the diminishing demand for ethanol in ground transportation, attributed to the growing use of electric vehicles (EVs), there is a compelling case for transitioning existing corn and sugarcane supply chains to produce SAF.
Fischer Tropsch process converts syngas (CO+H2) into SAF. This is where we have seen the most startup activity, as there are a variety of different methods to produce syngas such as:
1. Gasification of biomass or municipal solid waste: #Fulcrum Bioenergy.
2. Reverse water gas shift (RWGS) of CO2 and H2: #INERATEC, #Aether Fuels, #Dimensional Energy, #Lydian Labs, #Spark E-fuel.
3. Co-electrolysis of CO2 with H2 or water: #Norsk e-fuel and #Twelve
4. Integrated captured CO2 co-electrolysis directly electrolyzes the liquid sorbent for carbon capture to produce syngas. #Carbonade, #ExaCORR, #Promethus. This category of technology has the potential to eliminate the energy need for CO2 desorption and H2 production, but still at low TRL right now.
Given its substantial addressable market size and favorable market conditions for SAF, we anticipate a significant expansion in the SAF market in the future, presenting ample opportunities for multiple industry leaders to emerge.
#AviationDecarbonization #SAF #CleanEnergy ✈🌱
This is truly inspiring! Gene Gebolys and World Energy, LLC are paving the way for a more sustainable future in aviation. The milestone of a 100% net-zero transatlantic flight is a testament to the power of innovation and collaboration. It's incredible to see how renewable resources can significantly reduce aviation emissions.