Published by Todd Bush on July 26, 2024
Agreement paves the way for e-Fuels, made from renewable electricity, water, and recycled carbon dioxide, to reduce net CO2 emissions in the aviation sector
Farnborough, July 23, 2024. HIF Global has announced the signing of a Memorandum of Understanding with Airbus to advance the global development of e-Fuels for aviation (“e-Sustainable Aviation Fuel” or “e-SAF”) via the methanol to jet fuel (“MTJ”) pathway. The MoU provides a framework for negotiation of definitive agreements in relation to four key workstreams: technical, project development, commercial, and advocacy.
>> In Other News: Siemens Energy Wins Contract for Large-scale Hydrogen Project From German Utility EWE
The collaboration was signed at the Farnborough Air Show in England, one of the most prestigious global aerospace, aviation, and defense industry fairs.
Clara Bowman, Chief Operating Officer of HIF Global, said, “The International Energy Agency projects that aviation activity will double from 2022 levels by 2030. We are therefore in a global race to supply and scale up sustainable fuels to aviation, the hardest to abate of all the transportation sectors. Collaboration between HIF and Airbus will help accelerate the airline sector’s adoption of e-SAF and facilitate the industry’s transition to net zero.”
e-SAF is a type of Sustainable Aviation Fuel made by combining recycled CO₂ and green hydrogen produced with renewable electricity. e-SAF is a drop-in fuel which can be used in existing airplanes without any modifications to their engines. HIF Global is designing e-SAF production facilities based on methanol to jet fuel synthesis, also called the MtJ pathway.
In May 2023, HIF Global announced agreements with Johnson Matthey and Honeywell UOP to conduct preliminary engineering for HIF Global’s first Sustainable Aviation Fuel facility in the United States.
HIF Global is the world’s leading e-Fuels company, developing projects worldwide to convert renewable energy into near carbon neutral e-Fuels that can be utilized in existing engines. The name HIF represents the mission of the company: to provide Highly Innovative Fuels to make decarbonization of the planet possible. HIF is producing e-Fuels today at its HIF Haru Oni e-Fuels facility in southern Chile and is developing commercial-scale e-Fuels facilities in Texas, Uruguay, Australia, and Chile. For more information, visit www.hifglobal.com.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🎯 Doe Doubles Down on $1/kg Clean Hydrogen Goal 🕳️ Quebec Introduces First Legal Framework for Underground CO2 Storage 🧪 Charbone Announces Its First Hydrogen Supply Hub in the O...
Inside This Issue 🔧 Utilities Seek to Bypass Low-Level Hydrogen Blending Demo, Citing Proven Safety 🌍 EU Sets World’s First Voluntary Standard for Permanent Carbon Removals ✈️ Cathay Achieves Anot...
Inside This Issue 🛫 New US Powerhouse: XCF Global, DevvStream & Southern Merge for SAF Scale ⛏️ Carbon Capture, ‘Rare Earth’ From Coal Among Projects Poised to Get $11.7M in State Grants 🗺️ Ca...
Baker Hughes and Giammarco Technologies S.r.l. have entered into an exclusive collaboration to accelerate the commercialization of Hot Potassium Carbonate (HPC) technology for post-combustion carbo...
Charbone Announces Its First Hydrogen Supply Hub in the Ontario Market
CHARBONE CORPORATION (TSXV: CH; OTCQB: CHHYF; FSE: K47) ("CHARBONE" or the "Company"), a North American producer and distributor specializing in clean Ultra High Purity ("UHP") hydrogen and strateg...
Terradot Acquires Eion to Form Leading Global Enhanced Rock Weathering Carbon Removal Platform
Terradot, an enhanced rock weathering (ERW) carbon removal company, today announced it has agreed to acquire assets of Eion, a U.S.-based ERW company known for pioneering olivine-based deployments ...
Clean Fuels Welcomes Proposed 45Z Rules
WASHINGTON, DC – Today, Clean Fuels Alliance America welcomed Treasury’s proposed rules for the 45Z Clean Fuel Production Credit, issued through the IRS. While the credit has been available since J...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.