Wednesday, June 29, 2022

Oil giant Shell sets sights on sustainable aviation fuel take-off

LONDON-Royal Dutch Shell plans to start producing low-carbon jet fuel on a large scale by 2025 in an effort to encourage the world’s airlines to reduce greenhouse gas emissions.

Aviation, which accounts for 3 percent of the world’s carbon emissions, is considered one of the most difficult sectors to tackle due to the lack of alternative technologies for jet fueled engines.

Shell, one of the world’s largest oil traders, said it aims to produce two million tonnes of sustainable aviation fuel (SAF) by 2025, more than ten times the total global production today.

Produced from waste cooking oil, plant and animal fats, SAF could cut aviation emissions by up to 80 percent, Shell said.

Shell, which currently only supplies SAFs produced by Finnish refiner Neste, among others, said on Monday it wants green jet fuel, which can be blended with regular aviation fuel, with the ability to replace aircraft engines. Very little is needed, so that 10 percent of it can be global. Aviation fuel sales by 2030.

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Investment bank Jefferies said SAFs account for less than 0.1 percent of today’s global aviation fuel demand, which reached nearly 330 million tonnes in 2019.

The market faces several constraints in growing, mainly due to the cost of SAF, which is currently 8 times higher than regular jet fuel, and limited availability of feedstock.

Shell said he wants others to lead him.

“We expect other companies to add this to their production plants as well,” Anna Mascolo, head of Shell Aviation, told Reuters.

The United States said last week that it wants to cut aircraft greenhouse-gas emissions by 20 percent by the end of the decade by significantly increasing the use of SAFs.

new production

Anglo-Dutch Shell, which aims to reduce emissions from the fuels it sells by 2050, is in the midst of a major change aimed at producing more low-carbon fuels such as biodiesel and SAF, as well as hydrogen.

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Shell plans to build a biofuel processing plant at its Rotterdam refinery with an annual capacity of 820,000 tonnes, with SAF set to make up more than half of the production. The plant is expected to start production in 2024.

In a new report on the decarbonization of aviation, published with Deloitte, Shell called on the sector to reduce its emissions to near zero by 2050.

The International Air Transport Association, which represents most of the world’s airlines, aims to cut emissions in half by then.

Emissions can be reduced to near zero by using more low-carbon fuels and offsetting the remaining emissions through carbon credits.

Shell is also developing a synthetic aviation fuel made from hydrogen and recycled carbon.

“Sustainable aviation fuel, whether bio SAF or synthetic SAF, is the biggest solution,” Mascolo said.

by Ron Busso

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This News Originally From – The Epoch Times

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