In the United States (US), renewable natural gas (RNG) and renewable fuels company Aemetis Inc., has announced that it has finalized US$7 billion worth of sustainable aviation fuel (SAF) and renewable diesel (RD) supply agreements. The supply contracts cover 100 percent of Aemetis Riverbank plant production capacity for up to 10 years.
Aemetis US$7 billion of sustainable aviation fuel (SAF) and renewable diesel (RD) supply agreements have been signed with 10 airlines for a total of 916 million (US) gallons (≈ 3.47 billion litres) of blended SAF, including a contract with Cathay Pacific Airways that was signed by Aemetis on September 7, 2022.
The airline supply agreements provide for the delivery of SAF over a seven-to-ten-year time period. The combined value of the 10 airline contracts, including incentives, is approximately US$3.8 billion.
Sustainable aviation fuel has a vital role in meeting aviation’s decarbonization targets, so we are pleased to complete another milestone in the drive toward SAF use on a commercial scale, said Eric McAfee, Founder, Chairman, and CEO of Aemetis.
Airline customers include Delta Air Lines, Jet Blue Airlines and oneworld Alliance members American Airlines, Alaska Airlines, British Airways, Cathay Pacific, Finnair, Iberia, Japan Airlines (JAL), and Qantas.
Renewable diesel
Previously, Aemetis announced a contract with a major travel stop chain for 450 million gallons (≈ 1.7 billion litres) of renewable diesel.
Both the SAF and renewable diesel will be produced at the Aemetis Riverbank production plant currently under development in Riverbank, California (CA). The facility is designed to use renewable hydrogen and zero carbon intensity hydroelectric electricity to hydrotreat sustainable renewable oils to produce SAF and RD.
The blended SAF is 40 percent “neat” sustainable aviation fuel and 60 percent petroleum jet fuel to meet international blended sustainable aviation fuel standards.
The SAF is scheduled to be delivered to San Francisco International Airport (SFO) and Los Angeles International Airport (LAX) as blended fuel, and the RD is expected to be delivered to Northern California truck fueling locations.
The Aemetis plant process design for the Riverbank plant utilizes renewable oils, renewable hydrogen, and renewable power to produce advanced renewable fuels that reduce greenhouse gas emissions and improve air quality, ended Eric McAfee.
