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Sustainable Aviation Fuel

Avfuel Corp invests in Alder Fuels

Avfuel Corp invests in Alder Fuels
Avfuel Corporation (Avfuel) is making a multimillion-dollar investment in Alder Fuels LLC which also includes 1 billion (US) gallons (≈ 3.8 billion litres) of sustainable aviation fuel (SAF) offtake (photo courtesy Avfuel).

In the United States (US), aviation fuel supplier, Avfuel Corporation (Avfuel) has announced a multimillion-dollar investment in Alder Fuels LLC — a clean tech company pioneering first-of-its-kind technologies for producing sustainable aviation fuel (SAF) at scale.

Avfuel is making the investment, the full value of which has not been disclosed through its subsidiary, Avfuel Technology Initiatives Corporation (ATIC).

Avfuel is making investments via ATIC to ensure SAF is available and we are excited to partner with Alder in scaling the fuel globally, said C.R. Sincock, EVP of Avfuel.

Alder Fuels converts abundant biomass, such as regenerative grasses, forest, and
agricultural residues, into sustainable, low-carbon biocrude oil that replaces fossil crude in existing refineries producing aviation fuel.

C.R. SIncock
C.R. SIncock EVP of Avfuel (photo courtesy Avfuel).

When calculating the fuel production carbon life cycle from field to wingtip, Alder’s technology has the ability to produce an ultra-low to negative carbon biocrude oil that, when refined, meets current jet fuel specifications.

Alder’s biocrude refined into sustainable aviation fuel (SAF) is currently in the process of global certification as a 100 percent drop-in replacement for petroleum-based jet fuel and anticipates the SAF will become available in the first quarter of 2024.

Includes billion-gallon SAF offtake

Furthermore, as part of the agreement, Avfuel will purchase 1 billion (US) gallons (≈ 3.8 billion litres) of SAF over a 20-year period, and use the SAF to supply both business and commercial aviation globally.

Avfuel is committed to providing sustainable solutions for its customers, including business aviation, fixed-based operators, and airlines. We have been a forerunner in supplying SAF to business aviation and this transformative agreement builds upon our commitment to lead its adoption, C.R. Sincock said.

Avfuel’s purchase agreement is the first-ever long-term offtake from a fuel supplier, making this partnership the largest publicly-announced SAF agreement in business aviation history and opening the door to realizing business aviation’s commitment to obtaining net-zero status by 2050.

This is an important milestone in business aviation’s SAF adoption story, but we realize reaching net-zero targets will require a collective effort industry-wide to provide and embrace sustainable fuels. Only together can we reach this new height, said C.R. Sincock.

Bryan Sherbacow
Bryan Sherbacow, Founder and CEO of Alder Fuels (photo courtesy Alder Fuels).

According to the US Department of Energy (DOE), domestic forestry residues and agricultural residues alone could provide enough biomass energy to generate more than 17 billion gallons (≈ 64.3 billion litres) of jet fuel and displace 75 percent of the country’s aviation fuel consumption.

If the United States were to broadly adopt regenerative agricultural practices, which capture more carbon in healthier soil compared to traditional methods, the country could generate an additional seven billion gallons (≈ 26.5 billion litres) of SAF, which would completely replace the country’s current fossil jet fuel consumption.

Imagine we can eliminate the harmful carbon added to our atmosphere when refining oil into jet fuel. Alder’s technology delivers this dream by converting globally available biomass to green crude oil scalable to meet the aviation industry’s demand at a cost that is competitive with petroleum, said Bryan Sherbacow, Founder and CEO of Alder Fuels.

Prior to founding Alder, Sherbacow built the world’s first SAF refinery in collaboration with Honeywell and United Airlines in Paramount, California (CA).

Alder’s research is supported by the US Defense Logistics Agency, the DOE, and a partnership with DOE’s National Renewable Energy Laboratory (NREL), focused on developing technology to process organic waste and sustainable, non-food plant material into carbon-negative transportation fuels.

Today, Avfuel’s historic SAF contract and investment once again demonstrate its global leadership in business and commercial aviation fuel supply by helping Alder and the industry establish an international logistics and supply network for zero-carbon SAF, ended Bryan Sherbacow.

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