Indian Oil Signs MOU With LanzaJet on Sustainable Aviation Fuel
BENGALURU, India, Feb. 8, 2023 — Indian Oil Corporation Ltd. (IndianOil), India’s leading Energy major today entered into a memorandum of understanding (MOU) with LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer to explore the development of sustainable aviation fuel (SAF) production in India. This partnership will strengthen India’s transition to cleaner fuels and help achieve the country’s carbon reduction goal. The agreement was signed by Mr. Santanu Gupta, Executive Director (Alternate Energy & Sustainable Development) and Mr. Jimmy Samartzis, CEO LanzaJet during India Energy Week in Bengaluru, India in presence of Shri Hardeep Singh Puri, Honorable Minister P&NG and H&UA, Shri Shrikant Madhav Vaidya, Chairman, IndianOil and senior officials from IndianOil and LanzaJet.
During the MoU signing ceremony, Chairman, IndianOil said, “IndianOil is the leader in India’s aviation fuel segment and as we move forward on the path to achieve net-zero operational emissions by 2046, we aim to enhance our basket of lower carbon fuels and this partnership will be another step in this direction which would accelerate India’s commitment to become Net Zero by 2070. Creating an ecosystem of SAF in India will help accelerate the energy transition and this would ensure our leadership position in the sustainable fuel segment as well”.
IndianOil is India’s flagship national oil company working in across the hydrocarbon value chain, i.e., refining, pipeline transportation, production of crude oil and gas, gas marketing, and alternative energy sources. As a rapidly developing country, India’s energy transition will play a pivotal role in global energy markets. IndianOil is adopting mitigation efforts such as sustainable fuel alternatives to further advance the country’s ambitious clean energy goals.
LanzaJet is a leading sustainable fuels technology company dedicated to accelerating the energy transition by embracing the circular economy.
“As one of the largest population centers in the world experiencing rapid growth of energy consumption and travel, India is a critically important market as our world grapples with energy security, climate change, and economic growth challenges,” said Jimmy Samartzis, LanzaJet CEO. “Our partnership with Indian Oil Corporation is key to decarbonizing the aviation industry by enabling this region of the world to have increased access to sustainable fuel alternatives through our alcohol-to-jet technology using Indian waste and ethanol sources.”
The MOU between LanzaJet and IndianOil establishes a partnership to pursue large capacity SAF production in India using LanzaJet’s leading and proven Alcohol-to-Jet (ATJ) technology. The partnership will allow increased access and adoption of sustainable fuels in India by activating new technology to expand emission mitigation efforts. LanzaJet and IndianOil are working towards strategically expanding the partnership with a Joint Venture (JV) in India to deploy the LanzaJet ATJ technology.
LanzaJet Commends Governor Pritzker and Illinois Legislators on the Passage and Signing of the Sustainable Aviation Fuel Purchase Credit
New Purchase Credit Will Expand SAF Adoption and Deployment in Illinois
Chicago, IL, February 6, 2023 — LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, applauds the passage of and today’s subsequent signing by Governor JB Pritzker of Senate Bill 2951, the Invest in Illinois Act, which includes a sustainable aviation fuel (SAF) purchase credit and will position Illinois at the forefront of sustainable aviation fuel production and use.
“The passage of the Sustainable Aviation Fuel Purchase Credit positions Illinois as a leader in the energy transition,” said LanzaJet CEO Jimmy Samartzis. “These types of incentives accelerate the development of this new industry as we work hard to decarbonize the transportation sector. LanzaJet is excited to play a role in bringing SAF to new consumers across Illinois, and we encourage other states to support the sustainable fuels industry with similar measures and help meet the nation’s climate change goals.”
The legislation creates a $1.50/gallon tax credit for SAF sold to or used by an aircraft in Illinois until January 1, 2033. To qualify for the credit, the fuel must have at least a 50% lifecycle reduction in carbon emissions. The credit applies to any SAF used in Illinois but is not exclusive to SAF produced in Illinois.
Illinois requires that all credits for SAF used before June 1, 2028, must be derived from biomass resources, waste streams, renewable energy sources, or gaseous carbon oxides.
The Sustainable Aviation Fuel Purchase Credit comes just months after the passage of the Inflation Reduction Act (IRA) in August 2022 which includes a performance based SAF tax credit of up to $1.75/gallon for SAF to achieve a 100% lifecycle reduction.
This legislation is a significant milestone for the domestic sustainable fuels industry. Paired with the SAF incentives passed as part of the IRA legislation, sustainable fuel alternatives are more accessible now than ever before in the United States. LanzaJet continues to execute its plans to support the United States with up to 1 billion gallons of SAF developed using its technology by 2030.
ABOUT LANZAJET
LanzaJet is a leading sustainable fuels technology company dedicated to accelerating the energy transition by embracing the circular economy. As a Sustainable Aviation Fuel (SAF) technology provider and producer with patented alcohol-to-jet (ATJ) technology, LanzaJet is creating an opportunity for future generations by accelerating the deployment of SAF and other clean technologies critical to addressing the climate crisis and transforming the global economy. Further information is available at https://www.lanzajet.com/
CONTACT:
LanzaJet@Kivvit.com
LanzaJet Freedom Pines Fuels Receives EPA Fuel Pathway Approval
Milestone for Soperton, GA Facility Marks First-Ever EPA Approval for Ethanol as a Feedstock for Production of Sustainable Aviation Fuel
SOPERTON, Ga., Jan. 18, 2023 — LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, recently received approval from the United States Environmental Protection Agency (EPA) to generate D4 biomass-based diesel renewable identification numbers (RINs) for sustainable aviation fuel (SAF) and renewable diesel produced from sugarcane ethanol at LanzaJet’s Freedom Pines Fuels facility in Soperton, Georgia.
This regulatory milestone marks the first time in which ethanol has been approved by the EPA as a feedstock to produce another fuel under the Renewable Fuel Standard (RFS) program – and the first-ever EPA pathway approval for a biointermediate feedstock.
“LanzaJet is grateful for the EPA’s historic decision to approve sugarcane ethanol as a fuel pathway for our LanzaJet Freedom Pines Fuels facility,” said Jimmy Samartzis, LanzaJet CEO. “This is the first step in our EPA approval process as we plan to seek further approvals for additional sources of ethanol, including novel waste feedstocks. This is a critical milestone for the SAF industry and demonstrates that governments and regulators are aligned with our shared mission of reducing aviation emissions with the urgency our planet requires.”
The EPA’s fuel pathway approval allows LanzaJet to move forward with its plans to produce 10 million gallons of SAF and renewable diesel per year from ethanol, using a range of sustainable, low carbon intensity ethanol, including from waste-based feedstocks. LanzaJet Freedom Pines Fuels, which will open later this year, will nearly double the amount of current SAF production in the United States.
“We appreciate EPA’s diligent work on this novel pathway. The alcohol-to-jet pathway is not only critical to achieve the Administration’s goal of 3 billion gallons of SAF production by 2030, it will also create a new market for ethanol and provide significant benefits to the RFS program as a whole,” said Alex Menotti, Vice President of Government Affairs, Policy and Sustainability at LanzaJet.
According to the EPA’s calculations, LanzaJet’s SAF and renewable diesel production at Freedom Pines Fuels will achieve a greenhouse gas (GHG) reduction of 54 to 66 percent when compared to a fossil diesel baseline. The approved pathway applies to renewable jet fuel and renewable diesel produced from undenatured ethanol through a process of dehydration, oligomerization, and hydrotreating
In December 2022, LanzaJet celebrated a major construction milestone at Freedom Pines Fuels and was joined at the event by government representatives from the Federal Aviation Administration (FAA), the US Department of Energy (DOE), and the US Department of Agriculture (USDA) as well as representatives from the State of Georgia and local and county officials.
Located in Treutlen County and less than 100 miles from Savannah, the Soperton plant will create 125 direct jobs over the construction phase of the process, and 31 direct and 25-50 indirect jobs during ongoing operations and generate significant economic benefit to the local economy.
ABOUT LANZAJET
LanzaJet is a leading sustainable fuels technology company dedicated to accelerating the energy transition by embracing the circular economy. As a Sustainable Aviation Fuel (SAF) technology provider and producer with patented alcohol-to-jet (ATJ) technology, LanzaJet is creating an opportunity for future generations by accelerating the deployment of SAF and other clean technologies critical to addressing the climate crisis and transforming the global economy. Further information is available at https://www.lanzajet.com/
What People Are Saying About LanzaJet's Construction Milestone at Freedom Pines Fuels
Soperton, GA Facility will be First Ethanol Alcohol-to-Jet Sustainable Aviation Fuel Production Facility in the World
SOPERTON, Ga., Dec. 14, 2022 -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today joined government officials, industry leaders, and investors to celebrate a major construction milestone at the LanzaJet Freedom Pines Fuels facility in Soperton, Georgia. LanzaJet Freedom Pines Fuels is the world's first ethanol-based alcohol-to-jet sustainable aviation fuel (SAF) production plant. Construction will be completed in 2023 with commission and startup beginning next year. The plant will produce 10 million gallons of SAF and renewable diesel per year from ethanol, using a range of sustainable, low carbon intensity ethanol, including from waste-based feedstocks. LanzaJet Freedom Pines Fuels will approximately double the amount of current SAF production in the United States.
"I'm excited to see LanzaJet continue to soar ahead as they develop sustainable aviation fuel. I was proud that the Inflation Reduction Act, which is now law, enacted provisions from the AERO Act, a bill I introduced and championed to boost sustainable aviation fuel production and bring more clean energy jobs to Georgia. I've long believed our state has a bright future as we keep growing the green economy and I look forward to continuing my close partnership with LanzaJet."
– United States Senator Reverend Raphael Warnock
"Georgia is becoming the country's leading state for the production of advanced energy and transportation technologies, including LanzaJet's innovative work on aviation fuels."
– United States Senator Jon Ossoff
"Sustainable aviation fuels are both the best immediate and long-term solution for our industry to decarbonise and achieve its net-zero ambition by 2050. This is a significant milestone in the commercial production of SAF and we will be taking delivery of 7,500 tonnes annually from this facility once construction is completed next year. IAG was the first European airline group that pledged to use 10% SAF by 2030 and has committed US$865 million in purchases and investments to date. This innovative project has benefitted from strong support from the US government which is leading the way in supporting investment in low carbon technologies. With the right policy support to incentivise further investment, there's an opportunity for both the UK and EU to be true leaders on the sustainable aviation fuel agenda."
– Luis Gallego, Chief Executive Officer, International Airlines Group (IAG)
"Together, we are showing the world that we can change how we procure, use, and dispose of carbon. We must be able to travel and see family and friends without compromising our values and our planet. We are showing the world that we can create domestic supplies of sustainable fuel, create secure supply chains, create new jobs, and support local industry. Freedom Pines Fuels highlights a way to harness local waste carbon and support a just energy transition for a better future for all. This facility is a foundation stone for a strong new SAF economy in the United States and the world."
– Jennifer Holmgren, Chief Executive Officer, LanzaTech
"It is a great pleasure to see LanzaJet's innovative technology starting to take shape, and Mitsui is very proud of being a part of the strong partnership that is making it happen. Mitsui will continue to work closely with LanzaJet and the other stakeholders towards completion of the plant, and we look forward to developing commercial projects using LanzaJet technology around the globe."
– Toru Iijima, Chief Operating Officer of the Energy Solutions Business Unit, Mitsui & Co., Ltd.
"Sustainable aviation fuels are crucial to decarbonise aviation in a material way in this decade and beyond. This is an important step in bringing Alcohol-to-Jet technology to market and unlocking another pathway to produce SAF at scale, delivering sustainable aviation fuels to customers in the United States."
– Carlos Mauer, EVP Sectors and Decarbonisation, Shell
"As an early shareholder in LanzaJet, Suncor is a believer in what LanzaJet is building and is excited to see the Freedom Pines Fuels project move forward. The sustainable aviation fuel that will be produced at this facility is a giant step toward our country's and our world's climate goals."
– Andrea Decore, VP Low Carbon Fuels & GHG Offsets, Suncor Energy Inc.
"ANA is proud to support LanzaJet and applauds them for the construction milestone of this facility, which when in production next year will help increase higher utilization of SAF in the airline industry. As ANA looks to reduce CO2 emissions and meet our climate goals, our partnership with LanzaJet is critical and will help with our SAF-related initiatives."
– Chikako Miyata, Executive Vice President and Group Chief Sustainability Officer, ANA Holdings
"Aviation is one of the hardest climate problems to solve, but sustainable aviation fuels could be a significant part of the solution if we can rapidly scale its production and bring down its costs. That's why we're hopeful about LanzaJet and this project. We believe we're at the beginning of positive change throughout the aviation industry and that the Freedom Pines Fuels plant has the potential to catalyze investment in sustainable aviation fuels around the world."
– Rodi Guidero, Executive Director, Breakthrough Energy
"This milestone in the LanzaJet Freedom Pines Fuels project marks an important step in LanzaJet's work to scale the development and deployment of high-quality sustainable fuels. Microsoft's Climate Innovation Fund has invested in this project to accelerate the decarbonization of aviation and stationary backup fuels, and we look forward to continued collaboration with LanzaJet as we work to build a market for emerging climate solutions."
– Brandon Middaugh, Microsoft Climate Innovation Fund Director
"Zachry Sustainability Solutions is excited to support the engineering for LanzaJet on its important sustainable aviation fuel project. Zachry Group is committed to supporting the energy transition and decarbonization efforts through critical technologies such as renewable fuels, carbon capture, hydrogen/ammonia and nuclear energy."
– Mike Kotara, President, Zachry Sustainability Solutions
"The arrival of the first skids at the Freedom Pines Fuels Soperton site marks the culmination of more than four years of effort between the LanzaJet and Zeton teams to deliver this ground-breaking commercial demonstration plant. Throughout this project there was a close alignment between each organizations' values and goals, and this is reflected in the quality of the plant itself, from both the design and fabrication perspectives. Zeton would like to thank LanzaJet for entrusting us with this project - the largest in our company's 36-year history – and we look forward to building on the strong relationships developed between the LanzaJet and Zeton teams by continuing to deliver the highest quality products and services in our industry, in the safest manner possible."
– Dr. Leisl Dukhedin-Lalla, President & CEO, Zeton
LanzaJet is a leading sustainable fuels technology company dedicated to accelerating the energy transition by embracing the circular economy. As a Sustainable Aviation Fuel (SAF) technology provider and producer with patented alcohol-to-jet (ATJ) technology, LanzaJet is creating an opportunity for future generations by accelerating the deployment of SAF and other clean technologies critical to addressing the climate crisis and transforming the global economy. Further information is available at https://www.lanzajet.com/
CONTACT:
Sarah Hamilton
shamilton@kivvit.com
SOURCE LanzaJet
LanzaJet Marks Major Milestone on its Freedom Pines Fuels Construction
Soperton, GA Facility will be First Ethanol Alcohol-to-Jet Sustainable Aviation Fuel Production Facility in the World
SOPERTON, Ga., Dec. 13, 2022 -- LanzaJet, a leading sustainable fuels technology company and sustainable fuels producer, today joined government officials, industry leaders, and investors to celebrate a major construction milestone at the LanzaJet Freedom Pines Fuels facility in Soperton, Georgia. LanzaJet Freedom Pines Fuels is the world's first ethanol-based alcohol-to-jet sustainable aviation fuel (SAF) production plant. Construction will be completed in 2023 with commission and startup beginning next year. The plant will produce 10 million gallons of SAF and renewable diesel per year from ethanol, using a range of sustainable, low carbon intensity ethanol, including from waste-based feedstocks. LanzaJet Freedom Pines Fuels will approximately double the amount of current SAF production in the United States.
"Building a new industry and scaling new technology is exciting while at the same time challenging. We've enjoyed the privilege of partnering with incredible public and private sector leaders to support our work on this journey," said Jimmy Samartzis, LanzaJet CEO. "Today, we celebrate the power of partnership to tackle climate change – the greatest challenge of our generation. Fabrication and construction of our novel process technology that converts ethanol into drop-in, replacement sustainable aviation fuel is completed, and installation has begun at site. This is a significant milestone on our journey and also for the development of the SAF industry."
LanzaJet was joined at the event by its shareholders International Airlines Group (IAG), LanzaTech, Mitsui & Co, Shell, and Suncor Energy, investors including Microsoft Climate Innovation Fund, Breakthrough Energy, and All Nippon Airways (ANA), and government representatives from the Federal Aviation Administration (FAA), the US Department of Energy (DOE), and the US Department of Agriculture (USDA) as well as representatives from the State of Georgia and local and county officials.
"I'm excited to see LanzaJet continue to soar ahead as they develop sustainable aviation fuel," said Senator Reverend Raphael Warnock. "I was proud that the Inflation Reduction Act, which is now law, enacted provisions from the AERO Act, a bill I introduced and championed to boost sustainable aviation fuel production and bring more clean energy jobs to Georgia. I've long believed our state has a bright future as we keep growing the green economy and I look forward to continuing my close partnership with LanzaJet."
As an industry, aviation contributes 2-3% of global greenhouse gas emissions from humans. SAF is the best near- mid- and long-term opportunity for the industry to decarbonize and achieve its net zero ambition by 2050. The SAF produced at LanzaJet Freedom Pines Fuels will help reduce aviation emissions tangibly and quickly, producing nine million gallons of SAF and one million gallons of diesel annually. LanzaJet is scaling this technology to much larger size capacity units including standard sizes that can be replicated and constructed quickly, as well as significantly larger capacities that can add significant production capacity globally.
"Together, we are showing the world that we can change how we procure, use, and dispose of carbon," said Jennifer Holmgren, CEO of LanzaTech and Chair of the LanzaJet Board. "We must be able to travel and see family and friends without compromising our values and our planet. We are showing the world that we can create domestic supplies of sustainable fuel, create secure supply chains, create new jobs, and support local industry. Freedom Pines Fuels highlights a way to harness local waste carbon and support a just energy transition for a better future for all. This facility is a foundation stone for a strong new SAF economy in the United States and the world."
The SAF produced at LanzaJet Freedom Pines Fuel will be compatible with existing aircraft currently in use around the world. Given the enormous cost and lengthy lifespan of commercial planes, a "drop-in" solution without aircraft or infrastructure changes makes it possible to transition away from current jet fuel more quickly and meet the United States Aviation Climate Action Plan's "SAF Grand Challenge" of 3 billion gallons of SAF by 2030 and sufficient SAF in 2050 to meet the industry's decarbonization goal of net zero emissions. LanzaJet has already made it an ambition to produce 1 billion gallons to support the US goal and is well on its way with projects throughout the US.
LanzaJet's alcohol-to-jet (ATJ), developed with the U.S Energy Department's Pacific Northwest National Laboratory (PNNL), technology is extremely versatile and capable of using low-carbon intensity, sustainable ethanol available in the market today from a variety of feedstocks such as agricultural waste, energy crops, and other plentiful sources. Additionally, LanzaJet Freedom Pines Fuels will spur further SAF innovation by establishing a new market for scalable ethanol from waste-based sources – as the facility is planning to fully transition to second-generation ethanol in the coming years as that production develops and supply chains mature.
LanzaJet Freedom Pines Fuels is expected to complete construction in 2023 and begin its commissioning and startup next year as well. Located in Treutlen County and less than 100 miles from Savannah, the Soperton plant will create 125 direct jobs over the construction phase of the process, and 31 direct and 25-50 indirect jobs during ongoing operations, and generate $5 million annually in estimated wages and benefits for the local economy.
LanzaJet is a leading sustainable fuels technology company dedicated to accelerating the energy transition by embracing the circular economy. As a Sustainable Aviation Fuel (SAF) technology provider and producer with patented alcohol-to-jet (ATJ) technology, LanzaJet is creating an opportunity for future generations by accelerating the deployment of SAF and other clean technologies critical to addressing the climate crisis and transforming the global economy. Further information is available at https://www.lanzajet.com/
SOURCE LanzaJet
LanzaJet Joins MachH2 in Bid to Develop Hydrogen Hub
Clean hydrogen production will be powered by region’s abundant carbon-free energy and support thousands of jobs, while reducing emissions from multiple industrial sectors
Chicago (Nov. 3,2022)— The Midwest Alliance for Clean Hydrogen (MachH2) announced today that it will submit an application to the U.S. Department of Energy (DOE) to develop a regional clean hydrogen production and distribution hub to be funded under the Infrastructure Investment and Jobs Act. Under the Act, DOE will invest up to $8 billion to catalyze investment “to form the foundation of a national clean hydrogen network that will contribute substantially to decarbonizing multiple sectors of the economy.”
MachH2 is a multistate coalition of public and private entities representing every phase in the hydrogen value chain. The alliance includes a cross-section of carbon-free energy producers, clean energy developers, hydrogen technology providers, utilities, major manufacturers, national labs and leading hydrogen technology development and deployment institutions, world-class universities, and social justice organizations, among others. The Midwest’s location at the crossroads of America and its strong transportation infrastructure make it ideally suited for supplying clean hydrogen nationwide.
Hydrogen is the most abundant element in the universe. When made with clean energy, it is an essential resource in meeting our nation’s goal of achieving net zero emissions by 2050. The hub will employ electrolysis technology to separate the hydrogen and oxygen molecules in water. Hydrogen only emits water vapor and oxygen when used as fuel and can reduce carbon emissions from multiple difficult-to-decarbonize sectors of the economy, including aviation, steelmaking, agriculture, and long-haul transportation.
Hydrogen projects already proposed by alliance members will support an estimated 4,500 construction jobs and 400 permanent positions once complete. Total construction spending is estimated at nearly $4 billion, including $1.7 billion in wages and $65 million to $70 million in state income taxes. The 400 permanent positions will generate an estimated $60 million in wages annually -- or roughly $900 million over the 15-year operating life of the projects – and an additional $35 million to $40 million in state income taxes. More projects may be added as the hub continues to develop, leading to further economic benefits for the region.
The alliance is united in a shared vision to create an immediately scalable hydrogen hub in the Midwest that uses the region’s abundant nuclear and renewable power to create a clean hydrogen economy and reduce emissions across multiple heavy emitting sectors. The alliance also is committed to leveraging the clean energy transition to create opportunities in underinvested communities through meaningful engagement and workforce development. In addition to a cleaner environment and improved air quality, jobs will be created through the development of clean hydrogen infrastructure and related businesses driven by the hub. Engaging communities early in the process of developing hub infrastructure is a key priority for alliance members.
The alliance will collaborate on building the clean hydrogen supply, storage infrastructure, distribution networks, technology implementation and regional market necessary to create a sustainable hydrogen economy, while also focusing on creating high-quality jobs, improving air quality and benefiting public health. The alliance will submit a concept paper and full hub application in accordance with DOE deadlines.
“We must transition to more sustainable, cleaner fuels and forms of energy if we hope to pass on a livable planet to our kids and grandkids. In passing the Infrastructure Investment and Jobs Act, I pushed for funding to support the future of a clean energy economy,” said U.S. Senator Dick Durbin. “With so many expert Illinois organizations collaborating on MachH2, I am confident that this Regional Clean Hydrogen Hub proposal will make for a sound investment for the Department of Energy. Hydrogen promises to play a critical role in decarbonizing the transportation sector, and MachH2 demonstrates that Illinois stands ready to deliver on that promise.”
“With Illinois’s robust array of thought leaders, world-class institutions and innovative laboratories, it only makes sense that our great state should be home to the Midwestern Hydrogen hub,” said U.S. Senator Tammy Duckworth. “Illinois’s leadership in clean energy combined with the Bipartisan Infrastructure Law’s clean energy provisions is a recipe for positive change to our energy economy and a better protected environment for years to come.”
“Illinois is home to a robust nuclear energy sector and is a leader in renewable energy resources,” said Representative Darin LaHood. “As our nation navigates growing energy challenges, Illinois will play a critical role in supporting an all-of-the-above energy approach that restores American energy independence and strengthens our economy. With strong collaboration from many of Illinois’ leading institutions, MachH2 would make an excellent choice for the Department of Energy’s Midwestern Clean Hydrogen Hub.”
Below is a sampling of MachH2 members and the alliance is expected to grow as more
parties are identified:
• ADL Ventures
• Air Liquide
• American Center for Mobility
• Atlas Agro
• Argonne National Laboratory
• Avina Clean Hydrogen Inc.
• Big Rivers Electric
• Bloom Energy
• Champaign-Urbana Mass Transit District
• Chicago Metropolitan Agency for Planning
• Chicago NSBE's The Chicago STEM Foundation
• Chicago State University
• ComEd
• Constellation
• Current
• Discovery Partners Institute
• Exelon
• Gevo
• Governors State University
• GTI Energy
• Holtec International
• Hydrogen Technologies Inc
• Idaho National Laboratory
• Institute for Work & the Economy
• Invenergy
• LanzaJet, Inc.
• LanzaTech
• Marquis, Inc.
• Mass Transportation Authority-Flint
• mHUB
• Michels
• Missouri University of Science and Technology
• Nalco Water, an Ecolab Company
• Nikola Motor
• Nicor Gas
• NiSource Inc
• Northwestern University
• Plug Power
• Pratt Miller
• Rockwell Automation
• Swagelok Chicago
• Syntex Industries
• University of Chicago
• University of Illinois Chicago
• University of Illinois System
• University of Illinois Urbana-Champaign
• University of Kentucky
• University of Michigan
• University of Minnesota Twin Cities College of Science and Engineering
• University of Wisconsin-Madison
Members of the alliance will combine resources and expertise to:
- Leverage existing clean, zero-carbon energy resources and transportation infrastructure to establish hydrogen production and distribution at scale.
- Incorporate extensive community engagement and advance public health, job growth and contribute to the administration’s Justice 40 objectives.
- Advance hydrogen technology and infrastructure in collaboration with national labs, universities and top research and technology institutions.
- Foster the creation and expansion of workforce development programs to support high-paying jobs produced by a clean energy economy.
- Demonstrate the market demand and scalability of clean hydrogen to decarbonize the economy on a regional and national basis.
Learn more: https://machh2.com/
For Immediate Release
Contact:
Jeff Philips
jphilips@kivvit.com
(708) 299-4847
LanzaJet Advances Project Speedbird with British Airways and Nova Pangaea Technologies
- British Airways, LanzaJet and Nova Pangaea Technologies have signed an agreement that will accelerate Project Speedbird, an initiative created by the companies in 2021 to develop cost-effective sustainable aviation fuel (SAF) for commercial use in the UK.
- Project Speedbird can transform agricultural and wood waste taken from sustainable sources into 102 million litres of SAF per year and British Airways intends to offtake all SAF produced at the facility to help power some of its flights.
- The SAF produced at the facility would reduce CO2 emissions, on a net lifecycle basis, by 230,000 tonnes a year. This is the equivalent emissions of approximately 26,000 British Airways domestic flights.* Overall, Project Speedbird has the potential to reduce CO2 emissions by up to 770,000 tonnes a year**
- Project Speedbird has now applied for the Department for Transport’s (DfT) Advanced Fuels Fund grant for additional funding, which will be key to the project’s continued development.
WEDNESDAY, 2ND NOVEMBER 2022: British Airways, LanzaJet and Nova Pangaea Technologies have signed an agreement that will accelerate their ground-breaking Project Speedbird initiative to develop cost-effective sustainable aviation fuel (SAF) for commercial use in the UK. As part of the agreement, British Airways’ parent company IAG, is investing in the project to support the next phase of development work that will help decarbonise the aviation industry.
Project Speedbird was initially launched by the three companies in 2021 and was granted nearly £500,000 by the Department for Transport’s (DfT) Green Fuels, Green Skies competition to fund an initial feasibility study for the early-stage development of the project. This work is now complete and so the next stage of development can begin. Once in operation, it would be the UK’s first SAF facility utilising agricultural and wood waste taken from sustainable sources.
Project Speedbird has now applied for the DfT’s Advanced Fuels Fund grant for additional funding, which will be key to the project’s continued development whilst the DfT seeks to roll out its recently announced Jet Zero strategy that includes implementing a SAF mandate to come into force in 2025, which will require at least 10% of UK jet fuel to be SAF by 2030.
Project Speedbird would transform agricultural and wood waste taken from sustainable sources into 102 million litres of SAF per year. Construction could begin as early as 2023 and the facility, which is planned to be built in North East England, is expected to be producing SAF by 2026. British Airways intends to offtake all SAF produced through Project Speedbird to help power some of its flights. The SAF produced would reduce CO2 emissions, on a net lifecycle basis, by 230,000 tonnes a year. This is the equivalent emissions of approximately 26,000 British Airways domestic flights.* Overall, Project Speedbird has the potential to reduce CO2 emissions by up to 770,000 tonnes a year** as the combined processes also produce renewable diesel and a material called biochar – a carbon-rich charcoal-like material left over after the agricultural and wood wastes have been processed. Biochar is a natural carbon removal method.
The SAF will be developed using a combination of leading-edge technologies based on Nova Pangaea’s REFNOVA® process of converting agricultural and wood waste into bioethanol and biochar. LanzaJet’s proprietary and patented alcohol-to-jet (ATJ) technology, the first of its kind in the world, then converts the bioethanol to produce SAF and renewable diesel.
Project Speedbird would provide significant skilled employment with the generation of hundreds of jobs and supply chain opportunities in the North East of England and help spread the benefits of investment in green technologies across the UK. It would also bolster the UK’s energy security as the facility would boost domestic production.
Sarah Ellerby, CEO at Nova Pangaea Technologies, said:
“This project will deliver the first end-to-end, sustainable value chain from agricultural and wood waste to SAF in the UK. It will undoubtedly play a very important role in the growing momentum towards decarbonising our aviation sector. The support from British Airways is a vote of huge confidence in our technology and will accelerate its commercialisation. In July, the UK Government announced its Jet Zero strategy signalling a SAF mandate of 10% of all UK flights to run on SAF by 2030. This agreement is another significant step towards meeting this mandate in the UK. Our aim is to help the UK become a global leader in the end-to-end SAF market, with consequent benefits to employment and business activity.”
Carrie Harris, Director of Sustainability at British Airways, said:
“Project Speedbird is another great step towards our mission to reach net zero carbon emissions by 2050 or sooner and achieve our target of using SAF for 10% of our fuel by 2030. SAF is in high demand but in short supply across the globe and so it is essential that we scale up its production as quickly as possible. With further investment and continued government support, Speedbird will be a key and pioneering project in the production of SAF here in the UK. The biochar carbon removal opportunities are another important aspect of this impressive innovative project that can contribute to our net zero action. We are delighted to be a part of this important project, illustrating how we’re putting sustainability at the heart of our business with our BA Better World sustainability programme.”
Jimmy Samartzis, CEO at LanzaJet, said:
“The U.K. is a critical market in the decarbonization of the aviation industry, and this partnership brings together the full value chain from agricultural and wood waste to finished Sustainable Aviation Fuel and use by British Airways. As the U.K. sits at an inflection point in its quest to decarbonize, Project Speedbird represents historical significance with an eye toward the future. This is about impact – on the economy, on energy security, and on climate. We appreciate the DfT’s support as we scale-up, continue to improve capital and process efficiency, and enable production and use of SAF at a time when immediate action is needed.”
*Based on the calculated average UK domestic route from 2019 data.
**This figure includes CO2 emission reductions from the production of SAF, renewable diesel and biochar.
Notes to editors
About Nova Pangaea Technologies
Nova Pangaea was created to convert agricultural and wood waste into high value sustainable products, such as advanced biofuels, biocarbons and biochemicals, through the Company’s proprietary patented process called REFNOVA®. The feedstock will come from independently verified, sustainable sources. Waste wood will come from UK sawmills where wastes include sawdust and other wood trimmings not suitable for timber production. In addition, the project will use waste wood from end-of-life furniture and construction waste. Agricultural waste includes rice straw, wheat straw, rice husk and corn stover, which are mostly left on the fields after harvests and used for reasons including for fodder or landfill material. Nova Pangaea Technologies is considering other kinds of agricultural wastes that can be sustainably sourced.
The REFNOVA process enables their customers to transform these residues into two products that enable decarbonisation and net zero: NOVASUGARS® and NOVACHAR™.
NOVASUGARS® can be fermented into bioethanol that is used as a drop-in for sustainable aviation fuels, catalysing the decarbonisation of the aviation industry. NPT is a key partner, along with British Airways and US-based LanzaJet, in the ground-breaking Project Speedbird. The project is focused on the development and delivery of 102 million litres of SAF per year along with 11 million litres of renewable diesel. British Airways intends to use the SAF through the construction of the equivalent of 12 REFNOVA plants in the UK.
NOVACHAR® has numerous carbon negative and carbon neutral applications, but the Nova Pangaea team focus on two applications. Firstly, biochar can be used to amend and restore impoverished soils by better retaining nutrients required for plants to grow, and by filtering healthy water for accelerated crop growth, delivering a circular economy for the agricultural industry. Biochar can replace fertilisers that use fossil fuels as their feedstock and removes carbon from the atmosphere generating high-integrity carbon credits and carbon negative process. Secondly, iron ore, the key ingredient to produce steel, can be made by using biochar instead of coal therefore reducing emissions by up to 100% in the steel production industry to create green steel.
Based at Wilton International, Redcar, NPT have a pre-commercial plant which will be in commercial production in 2023 and are actively pursuing commercial opportunities with a number of international partners.
About British Airways
British Airways was part of the first airline group in the world to commit to achieving net zero carbon emissions by 2050.
The airline is committed to achieving net zero carbon emissions through a series of short, medium- and long-term initiatives. In the short-term this includes improving operational efficiency, introducing new fuel efficient aircraft, funding carbon offset projects to mitigate emissions on UK domestic flights and progressively introducing sustainable aviation fuels using waste feedstocks, while in the medium to longer term this includes continuing to invest in the development and scale up of sustainable aviation fuel and looking at accelerating the growth of new technologies such as zero emissions hydrogen-powered aircraft and carbon capture technology.
- More detail on British Airways’ partnerships to develop sustainable aviation fuel which have received Government funding can be found here.
- More details on British Airways’ sustainability programme, BA Better World can be found here
- More details on the airline’s partnership with LanzaJet to develop and offtake SAF can be found here.
About LanzaJet
LanzaJet is a leading sustainable fuels technology company dedicated to accelerating the energy transition by embracing the circular economy. As a Sustainable Aviation Fuel (SAF) technology provider and producer with patented alcohol-to-jet (ATJ) technology, LanzaJet is creating an opportunity for future generations by accelerating the deployment of SAF and other clean technologies critical to addressing the climate crisis and transforming the global economy. Further information is available at https://www.lanzajet.com/.
Click here to watch our announcement on YouTube: https://www.youtube.com/watch?v=m7AfEfh8YTQ
Enquiries
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Nova Pangaea Technologies
Sarah Ellerby, CEO Nick Elwes, Charles Baister (Tavistock)
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via Tavistock
+44 (0) 20 7920 3150
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LanzaJet
Daniel Cherrin |
+011 313 300 09432
media@lanzajet.com |
Breakthrough Energy Makes First Catalyst Funding in LanzaJet
Breakthrough Energy Announces First Catalyst Project Funding in $50 Million Grant to LanzaJet for the World’s First Alcohol-to-Jet Sustainable Aviation Fuel (SAF) Plant.
Seattle, Washington – Breakthrough Energy announced that its first Catalyst project funding will go to LanzaJet’s Freedom Pines Fuels sustainable aviation fuel (SAF) plant in Soperton, GA in the form of a $50 million grant. Breakthrough Energy Catalyst is a unique program that brings together corporate and philanthropic organizations to accelerate the deployment of essential technologies by funding key first-of-a-kind commercial-scale projects.
Projected to be operational in 2023, LanzaJet’s Freedom Pines Fuels project is the firm’s first commercial-scale SAF plant and will be the first in the world to produce Alcohol-to-Jet SAF, which will lower emissions by at least 70% compared to fossil jet fuel. Once fully operational, this plant will play a critical role in scaling SAF production and bringing lower-cost sustainable fuels to market. The plant is expected to produce nine million gallons of SAF and one million gallons of renewable diesel annually, roughly doubling current SAF production in the U.S. Construction of the plant will enable the significant scale-up of LanzaJet’s technology within the U.S. and globally, with subsequent projects already in the planning phase in North America, Europe, and Asia that, together, would produce more than one billion gallons of SAF annually.
First-of-a-kind projects for emerging technologies often struggle to access low-cost capital because they have high green premiums and frequently face unforeseen challenges and costs, especially in the current inflationary environment. By providing capital to these types of early commercial facilities, Catalyst funding can reduce risk for follow-on investments and accelerate the deployment of clean technologies. In this case, Freedom Pines Fuels’ Catalyst grant filled a funding gap and will enable the plant to maintain its current development timeline.
Importantly, the grant will also spur further SAF innovation by helping create a new market for scalable, low-carbon ethanol from sustainable sources by setting the expectation that the plant will transition to second-generation ethanol, including from waste-based feedstocks, by its fifth year. This transition will complement work LanzaJet is already doing to build SAF plants using second-generation ethanol in the U.K. and develop strategic partnerships to accelerate the advanced fuel’s development, of which there is currently little supply in the market.
“Breakthrough Energy Catalyst is a new way for the private sector to accelerate the clean energy transition by funding projects that will ensure essential climate solutions get to market on the timeline the world needs,” said Rodi Guidero, Executive Director, Breakthrough Energy & Managing Partner, Breakthrough Energy Ventures. “LanzaJet’s new sustainable aviation fuel plant could play a vital role in decarbonizing aviation while demonstrating how the jobs and businesses of the clean energy economy can power communities. We’re grateful to Catalyst’s partners, who understand climate leadership means supporting the technologies that will eliminate emissions and that solving our climate challenges will require nothing less than mobilizing the world’s economic engine to build a net-zero future.”
“LanzaJet is grounded in innovation, and we work every day with a sense of urgency to address our global climate challenge,” said Jimmy Samartzis, LanzaJet CEO. “To maximize our impact and scale our technology to deliver significant quantities of sustainable aviation fuel worldwide, partnerships matter. We have a real opportunity on our doorstep to significantly scale-up and globally deploy our technology, and we wouldn’t be able to build this plant as quickly or affordably without Breakthrough Energy’s Catalyst grant, which reduced our total cost of capital and is critical to reducing emissions and accelerating the pace of bringing SAF to the global market.”
Aviation accounts for approximately 2-3% of global greenhouse gas emissions annually, and as a “drop-in” fuel, sustainable aviation fuels offer an important way to quickly decarbonize aviation with existing aircraft currently in use around the world. Produced from a variety of low-carbon, sustainable feedstocks such as agricultural waste, municipal solid waste, energy crops, or carbon captured from industrial processes or ambient air, SAF is a like-kind replacement for traditional jet fuel and is compatible with existing aircraft and infrastructure. SAF can dramatically reduce lifecycle greenhouse gas emissions (GHGs) compared to conventional fuel made from crude oil, while also significantly improving local air quality by reducing conventional air pollutants like particulate matter.
Breakthrough Energy’s Catalyst grant joins earlier supporters of LanzaJet’s Freedom Pines Fuels plant, which has received funding from the U.S. Department of Energy and the Microsoft Climate Innovation Fund, as well as investments from LanzaJet’s shareholders Mitsui & Co., Suncor Energy, LanzaTech, British Airways, and Shell. The plant is being built at a unique moment of opportunity for SAF. The recently signed Inflation Reduction Act includes tax credits that will help jumpstart production of SAF in the U.S. and make clean jet fuels more price competitive. It also includes $297 million for a grant program dedicated to scaling up clean aviation technologies, including SAF.
About LanzaJet Inc.
LanzaJet is a leading sustainable fuels technology company dedicated to accelerating the energy transition by embracing the circular economy. As a Sustainable Aviation Fuel (SAF) technology provider and a sustainable fuels producer with patented technology, LanzaJet is creating an opportunity for future generations by accelerating the deployment of sustainable aviation fuel and other clean technology which is critical in addressing the climate crisis and transform the global economy. Further information is available at lanzajet.com.
About Breakthrough Energy & Catalyst
Breakthrough Energy was founded by Bill Gates in 2015 to accelerate the clean energy transition and help the world reach net-zero emissions by 2050. Through investment vehicles, philanthropic programs, policy advocacy and other activities, Breakthrough Energy is committed to scaling the technologies the world needs to meet its climate goals. Breakthrough Energy Catalyst is a first-of-its-kind model to finance the new solutions that will underpin a zero-carbon economy, focused initially on four technology areas: sustainable aviation fuel, long-duration energy storage, green hydrogen, and direct air capture. Learn more about Breakthrough Energy and Catalyst at breakthroughenergy.org.
FOR IMMEDIATE RELEASE
Contact:
Sarah Hamilton (LanzaJet): shamilton@kivvit.com
David Heifetz (Breakthrough Energy): david@breakthroughenergy.org
LanzaJet Affirms its Commitment to Scale Production of Sustainable Aviation Fuel to Accelerate the Energy Transition Globally
PITTSBURGH – (September 23, 2022) – Global leaders enabling the clean energy transition are attending the Clean Energy Ministerial and Action Forum in Pittsburgh this week. LanzaJet CEO Jimmy Samartzis is speaking on sustainable aviation fuel (SAF) and its critical role in accelerating the energy transition.
LanzaJet, Inc. is a global leader in clean energy technology and production. The LanzaJet ProcessTM is a proprietary alcohol-to-jet technology which converts low-carbon ethanol into sustainable transportation fuels, including SAF and renewable diesel. LanzaJet is deploying its technology in the U.S. and globally, with the world's first ATJ biorefinery under construction in Georgia.
LanzaJet CEO, Jimmy Samartzis, speaking at the Global Clean Energy Action Forum, stated, "The momentum to facilitate the energy transition today is unlike ever before, and we have alignment across public and private sectors to build new industries and ensure the longevity and vitality of existing ones." He continued, "We've believed that we're at an inflection point, and it's now obvious that we are – technology is scaling, government policy is increasingly in place, consumers are demanding, and financiers are investing. Now is the time to catalyze the energy transition."
SAF is the aviation industry's primary solution for reaching net-zero carbon emissions by 2050. LanzaJet is partnering with investors, partners, and funders – All Nippon Airways, British Airways, LanzaTech, Microsoft, Mitsui & Co, Ltd., Suncor Energy, and Shell – to deploy its technology to rapidly increase the low-carbon supply of drop-in, SAF. LanzaJet's ambitions are anchored in more than 12 years of technology development and scale-up that started with LanzaTech and in partnership with the U.S. Department of Energy's Pacific Northwest National Lab (PNNL). LanzaJet has continued to make substantial progress:
- LanzaJet Freedom Pines Fuels, the world's first ATJ biorefinery in Soperton, GA, is expected to be operational in 2023.
- Alongside the White House in announcing the SAF Grand Challenge in 2021, LanzaJet announced it would strive to fulfill 1 billion gallons of the 3-billion-gallon U.S. target.
- Since 2020, LanzaJet has announced projects totaling 300 million gallons of SAF and renewable diesel per year including in the United States, the United Kingdom, Sweden, Central Europe, Canada, and Japan.
- The LanzaJet ATJ platform provides substantial flexibility by working with various technologies on the front end to create low-carbon ethanol and to continue to build a waste-based ethanol industry.
- All LanzaJet ATJ projects use low-carbon ethanol feedstocks including ethanol that leverages carbon capture and sequestration and sources such as woody waste, renewable energy, and industrial waste gases.
The aviation industry is responsible for approximately 3% of global carbon dioxide emissions. In 2021, airlines across the globe together committed to reaching net-zero carbon emissions by 2050. Commercial aviation uses more than 100 billion gallons of fossil-derived jet fuel a year, with SAF accounting for roughly 30 million gallons in 2021.
In 2021, LanzaJet committed to fulfilling one-third of the U.S. target by enabling the production of 1 billion gallons of SAF by 2030 using its industry-leading ATJ technology. As the U.S. prepares to launch its Sustainable Aviation Fuel Grand Challenge Roadmap, LanzaJet reaffirms its commitment and doubles down on its promise.
Mr. Samartzis further noted, "As we prepare for the production of SAF in Georgia and elsewhere in the U.S., in addition to plants planned in Europe, we are setting the foundation for global deployment of LanzaJet's technology and widespread production of sustainable aviation fuel over the next several years. The public and private sectors are working together to build this new industry and to ensure a healthier planet for our children. We will work collectively to secure our nation's supply chain and accelerate the production and use of sustainable, low-carbon fuels for the aviation industry."
Mr. Samartzis is speaking during the first-ever Global Clean Energy Action Forum, a joint convening of the 13th Clean Energy Ministerial and the 7th Mission Innovation ministerial, and is available to comment on the meetings and other issues around innovation, public-private partnership, clean energy, and SAF.
About LanzaJet, Inc.
LanzaJet is a leading sustainable fuels technology company dedicated to accelerating the energy transition by embracing the circular economy. As a Sustainable Aviation Fuel (SAF) technology provider and a sustainable fuels producer patented technology, LanzaJet is creating an opportunity for future generations by accelerating the deployment of sustainable aviation fuel and other clean technology which is critical in addressing the climate crisis and transform the global economy. Further information is available at https://www.lanzajet.com/.
Media Contact:
LanzaJet - Daniel Cherrin, 313-300-0932, media@lanzajet.com.
LanzaJet Applauds New Inflation Reduction Act Law
LanzaJet Applauds Signing into Law the Inflation Reduction Act (IRA) to Support Building a New Sustainable Fuels Industry, Enable Decarbonization, and Advance the US Towards 3 billion Gallons of Sustainable Aviation Fuel Production by 2030.
CHICAGO – (August 16, 2022) – The passage of The Inflation Reduction Act (IRA) will catalyze a new domestic Sustainable Aviation Fuel (SAF) industry to decarbonize the aviation sector. LanzaJet, Inc., a leading SAF producer, and technology provider through its proprietary Alcohol-to-Jet (ATJ) process, applauds the IRA's passage. It recognizes the critical role this legislation will play in enabling aggressive scale-up of SAF, supporting an ecosystem of innovation and transformation in aviation.
The aviation industry and the Administration share a joint goal under the SAF Grand Challenge of achieving 3 billion gallons of domestic SAF production by 2030 and 100% SAF by 2050. The IRA provides critical policy tools to scale domestic SAF production to achieve these ambitious goals rapidly. LanzaJet committed in 2021 to fulfilling one-third of the U.S. target by enabling the production of 1 billion gallons of SAF by 2030 using its industry-leading technology, which converts ethanol into drop-in SAF and renewable diesel. The U.S. market provides significant access to low-carbon, sustainable feedstocks and waste sources that can be converted into ethanol and from ethanol into sustainable transportation fuels.
"The U.S. is poised to lead the world in the energy transition, and this legislation is a leap forward in advancing energy security, economic development, and climate action. LanzaJet applauds Congress for leading through action, and the inclusion of a performance-based Sustainable Aviation Fuel (SAF) tax credit positions the U.S. to lead in developing a new, global sustainable fuels industry. We look forward to working with Congress and industry leaders to accelerate the transition to clean energy," stated Jimmy Samartzis, CEO of LanzaJet. He continued, "We've been at an inflection point in building this new industry. The passage of the Inflation Reduction Act allows U.S. manufacturing, agriculture, biofuel, oil and gas, aviation, and financial industries to double-down, work together, and advance the development of the sustainable fuels industry."
LanzaJet has been a strong advocate and industry leader on the SAF provisions in the IRA, which includes a new performance based SAF tax credit. This innovative feedstock- and technology-neutral credit provides an incentive of up to $1.75/gallon for SAF to achieve a 100% lifecycle GHG reduction that will drive investment in the high-performing SAF technologies like ATJ our nation will need to decarbonize the aviation sector. Access to low-cost capital is one of the most significant barriers to the rapid deployment of SAF technologies that have been proven but not yet deployed at a commercial scale. The IRA's $245 million in complementary grant funding for SAF projects will further de-risk investment and speed the deployment of next-generation SAF technologies.
LanzaJet's investors and partners recognize and applaud Congress for enacting a suite of foundational and innovative SAF policies that will ensure continued U.S. leadership in the emerging SAF industry and are already working to transform the nation's economy. LanzaJet works in collaboration with its investors, partners, and funders, including LanzaTech, Mitsui & Co, Ltd., Suncor Energy, British Airways, Shell, Microsoft, and All Nippon Airways, to develop the U.S. SAF industry. The IRA's SAF provisions will enable continued advancement and development of projects using LanzaJet's ATJ technology, over 300 million gallons of which have already been publicly announced.
Upon President Biden signing this bill into law, LanzaJet's investors reinforced the importance of this legislation in building a new SAF industry and in working together to continue to expand SAF production:
LanzaTech's CEO and LanzaJet Board Chair, Jennifer Holmgren, CEO, said, "This is a critical time for hard-to-abate sectors, including aviation. By enacting historic sustainable aviation fuel policies within the Inflation Reduction Act, the new tax credits and aviation grant programs will provide critical support for spurring a new domestic industry in the U.S., which can lower emissions, create new American jobs, and improve energy security and show U.S. global leadership."
Mr. Toru Iijima, Chief Operating Officer of the Energy Solutions Business Unit of Mitsui & Co., Ltd., stated, "Mitsui welcomes the passage of the Inflation Reduction Act that will further support production and use of SAF in the United States. We look forward to jointly building the SAF industry in strong partnership with LanzaJet and other stakeholders and to contributing to the decarbonization of the aviation industry."
Sir David King, world-renowned climate scientist, and technology leader, member of LanzaJet's Board of Directors, and former Chief Scientific Advisor to the United Kingdom and Head of the Government Office for Science, said, "The Inflation Reduction Act is a major step forward for the U.S. in combating climate change, the biggest challenge facing humanity today. The world is already experiencing extreme weather events causing enormous losses and costs. Speaking for the world, this Act is a potentially enormous step forward for the States to join Europe in taking a leading role in managing these threats and growing green economies. The SAF tax credit provisions in the Act and grant funding for SAF projects represent a critical step by the U.S. government in catalyzing the SAF industry to enable decarbonization of the aviation industry."
Media Contact: Daniel Cherrin, +1-313-300-0932, media@lanzajet.com
LanzaJet ATJ-SPD advantages compared to convention diesel include:
LanzaJet SAF environmental advantages vs. conventional jet fuel include: