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A conversion technology using co2 to produce high quality fuel for the aviation industry
- About Company
SAF+
A conversion technology using co2 to produce high quality fuel for the aviation industry
Label Date
February 8, 2021
From
Canada
Maturity stage
TRL 6 / 7 - Prototype demonstration 1:1
The International Air Transport Association (IATA) has estimated that the aviation sector's carbon footprint will be double of pre-COVID levels by 2037. This trend will significantly increase the aviation sector's GHG footprint, which has most recently accounted for 3% of annual global GHG emissions. In response, the global aviation sector has begun establishing targets to achieve carbon-neutral growth. Considering the changing regulatory environment for reducing GHG emissions, and that there are still very few sustainable fuel initiatives for aviation, airlines will face an urgent need for low-carbon fuels in the coming years. SAF+ captures carbon and combines it with hydrogen to produce ASTM-7566 compliant jet fuel. By doing so, its jet fuel leads to an 80% reduction in life cycle GHG emissions as compared to conventional jet fuels. This helps airlines by complying with mandates set by international and national organizations seeking to meet their GHG reduction targets.
The Environmental Benefits
- •For each ton of SAF+ fuel produced, we capture 2.7 tons of CO2 and avoid 100% of the emissions and impacts linked to oil extraction
- •One liter of SAF+ fuel needs only between 1.2 l to 3 l of water, up to 86% reduction compared with regular jet fuel
- •Over 80% CO2e reduction as compared to conventional jet fuel
- •Virtually no SOx emissions, up to 90% less particulate matter and up to 5% less NOx than regular jet fuel
The Financial Benefits
- •When operational, our fuel could take 1600 passengers per day from Montreal to Chicago
- •Production cost is 100% independent of fossil fuel prices
- •We sell sustainable aviation fuel (SAF) that is 33% cheaper than SAF alternatives.
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Company Profile
SAF+ Consortium
Sustainable aviation fuel producer using innovative carbon conversion technology
Headquarters
Verdun, QC H4G 1V1, Canada
Type
Company
Networking Partner
International Cleantech Network
The International Cleantech Network (ICN) is a global network of 13 cleantech clusters on the international forefront of providing innovative and sustainable solutions to meet the growing demand for green technologies.
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80
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator SAF+ Consortium has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.