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Technip Energies Soars with United Airlines Sustainable Flight Fund

Published by Todd Bush on February 22, 2024

The aviation industry faces a critical challenge: reducing carbon emissions while maintaining global connectivity. Sustainable Aviation Fuel (SAF) is a cleaner alternative to traditional jet fuel, potentially reducing life cycle greenhouse gas emissions by up to 80%. However, increasing SAF production requires collaboration and innovation. This is where the partnership between Technip Energies, a prominent engineering and technology company, and the United Airlines Ventures Sustainable Flight Fund (UAV SFF) comes into play.

RELATED: Technip Energies Invests in the United Airlines Ventures Sustainable Flight Fund, Advancing Sustainable Aviation Fuel Development

Why is SAF Crucial?

Conventional jet fuel has a big impact on aviation's carbon footprint, making up 2% of global CO2 emissions and 12% of transportation emissions. Substituting it with sustainable aviation fuel, made from renewable sources such as biomass or waste, provides a substantial environmental advantage.

sustainable aviation fuel

Technip Energies Takes the Lead: Expertise Meets Investment

Technip Energies, known for its engineering expertise, technology scaling, and global project delivery, brings valuable resources to the UAV SFF. Their strategic investment enhances the fund's capacity to assist promising start-ups in developing SAF research, production, and technology. This investment extends beyond financial backing. Technip Energies' involvement provides essential engineering knowledge and project delivery expertise necessary for expanding SAF production and meeting the increasing demand.

Arnaud Pieton, CEO of Technip Energies, commented: "By joining the United's Sustainable Flight Fund, Technip Energies reaffirms its commitment to addressing one of the industry's critical challenges: the current lack of industrial-scale solutions to meet the market demand for Sustainable Aviation Fuel (SAF). By bringing our engineering expertise, technology scale-up capabilities and global project delivery know-how, we join the journey of accelerating the supply to meet the increasing demand for SAF, aligning with the net-zero trajectory."

Technip Energies Invests in the United Airlines Ventures

Collaboration Takes Flight: The Power of the UAV SFF

The UAV SFF goes beyond being a funding platform. It's a collaborative endeavor that brings together various stakeholders in the aviation industry: airlines, manufacturers, fuel producers, financiers, and even travel management companies. This exceptional partnership promotes innovation and tackles the crucial challenge of expanding SAF production. Through collective efforts, the goal is to expedite the advancement and implementation of SAF, laying the groundwork for a more sustainable future in air travel.

Beyond SAF: Technip Energies' Commitment to Sustainability

Technip Energies' investment in the UAV SFF fits well with their broader dedication to the energy transition. They are focused on various sustainable solutions such as LNG, hydrogen, sustainable chemistry, and CO2 management, highlighting their commitment to creating a cleaner and more sustainable future for the planet.

A Shared Vision for a Greener Sky

Over 20 corporate partners from across the aviation supply chain have united in the UAV SFF, demonstrating a collective vision within the industry: transitioning to a more environmentally friendly future for air travel. Through promoting innovation and expediting SAF development, their goal is to markedly diminish aviation's carbon footprint and lay the groundwork for a sustainable future.

Taking steps towards sustainability is now a collaborative journey with real progress. Technip Energies' investment in the UAV SFF demonstrates this dedication, and its influence could transform the aviation industry, creating a future where the skies are not only accessible but also environmentally responsible.

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