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.
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.
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."
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.
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.
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.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 💰 RepAir Raises $15 Million to Scale Electromechanical Carbon Capture Solution ⚙️ Haffner Energy Unveils Hynoca® Flex 500 IG: a Flexible, Cost-effective Alternative to Grey Hydro...
Inside This Issue 🏆 XPRIZE Makes History, Awards $100m Prize for Groundbreaking Carbon Removal Solutions USA - English USA 🌍 Vaulted Deep Wins $8M in XPRIZE Carbon Removal Competition 🧱 PHNX Mater...
Inside This Issue 🌲 Living Carbon Announces Agreement with Microsoft for 1.4 Million Tonnes of Carbon Removal from Reforestation of Former Mine Lands in Appalachia 🏭 US Energy Expands Carbon Captu...
Exxon Mobil (NYSE:XOM) Partners With Calpine for Large-Scale Carbon Storage and Low-Carbon Energy
Exxon Mobil recently revealed a significant agreement to manage carbon dioxide storage with Calpine Corporation, a move that might contribute to its role in low-carbon energy initiatives. The compa...
RepAir Raises $15 Million to Scale Electromechanical Carbon Capture Solution
RepAir announced that it has raised $15 million in a Series A funding round, with proceeds to be used to commercialize the company’s electromechanical solution designed to remove atmospheric and in...
STORD, Norway, April 24, 2025 /PRNewswire/ -- Höegh Evi, a global leader in marine energy infrastructure, and Wärtsilä Gas Solutions, part of technology group Wärtsilä, have successfully completed ...
Haffner Energy unveils Hynoca® Flex 500 IG: A flexible, cost-effective alternative to grey hydrogen and fossil fuels Cogeneration of hydrogen and electricity offers a unique solution for managing r...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.