Qatar Airways And Gevo Collaborated to Purchase 25 Million US Gallons Of Certified Sustainable Aviation Fuel
Qatar Airways and Gevo collaborated to purchase 25 million US gallons of aviation fuel. Gevo, Inc., a producer of sustainable aviation fuel (SAF), have signed an offtake agreement in which the airline will purchase million gallons of neat SAF over the course of five years.
The deliveries is expected to begin in 2028 at various airports in California. Qatar Airways will import 5 million US gallons of clean SAF per year and mix it with its current supply of conventional jet fuel. The airline was the first in the Middle East and Africa region to commit to an international SAF offtake agreement.
This collaboration is part of the airline's earlier commitment to purchase up to 200 million US gallons of SAF from Gevo, along with other oneworld Alliance members. SAF is a key component of Qatar Airways' and oneworld's plan to achieve net zero emissions by 2050.
In September 2020, oneworld became the first global airline alliance to commit to achieving carbon neutrality with net zero carbon emissions by 2050. The alliance subsequently committed to a target of 10% sustainable aviation fuel use across the alliance by 2030.
Qatar Airways is very keen to ramp-up the use of SAF at a commercial level, noting that the SAF to be purchased will be certified under the sustainability criteria laid down by the International Civil Aviation Organization (ICAO) (ICAO).
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SAF reduces carbon dioxide emissions across its lifecycle when compared to fossil-based jet fuel. Today's technology allows for CO2 reductions from the use of SAF to reach 85% when compared to conventional jet fuel.
His Excellency Mr. Akbar Al Baker, Group Chief Executive of Qatar Airways, stated, 'Qatar Airways continues to prioritize their commitment to net-zero flying by the middle of this century.
Decarbonizing aviation necessitates the gradual adoption of lower carbon and more sustainable aviation fuels, and we are honored to be a part of this global effort for a better future.
They are collaborating with fellow oneworld members to assist Gevo in establishing SAF-producing facilities in order to increase SAF supply and move us closer to our goal of replacing 10% of our conventional jet fuel with SAF by 2030.'
By collaborating with farmers on regenerative agricultural practices, Gevo can source feedstock to produce sustainable aviation fuel while also improving soil health, sequestering carbon, and providing nutritional products to the food chain, said Gevo CEO Dr. Patrick R. Gruber.
By incorporating sustainability into every step of our business system, from sustainably grown feedstock to the use of renewable energy in production, we are assisting Qatar Airways and other members of the oneworld alliance in meeting their emission reduction targets.
Qatar Airways has made significant strides toward environmental sustainability and carbon reduction. Qatar Airways operates one of the most modern and fuel-efficient fleets in the world.
Qatar Airways, a multiple award-winning airline, was recently named 'Airline of the Year' at the 2022 World Airline Awards, managed by the international air transport rating organization Skytrax.
The airline has won the main prize for an unprecedented seventh time (2011, 2012, 2015, 2017, 2019, 2021, and 2022), as well as being named 'World's Best Business Class,' 'World's Best Business Class Lounge Dining,' and 'Best Airline in the Middle East.'
Qatar Airways currently flies to over 150 destinations worldwide, connecting through its Doha hub, Hamad International Airport, which was named the "World's Best Airport" by Skytrax in 2022.
Qatar Airways understands the value of environmental sustainability in aviation. We are committed to leading the way and collaborating with our global and regional partners to achieve the industry's decarbonisation goals.
The mission of Gevo is to convert renewable energy and carbon into energy-dense liquid hydrocarbons.
These liquid hydrocarbons can be used to make drop-in transportation fuels like gasoline, jet fuel, and diesel fuel, which when burned have the potential to produce net-zero greenhouse gas emissions when measured over the product's entire life cycle.
Gevo's raw materials are low-carbon renewable resource-based carbohydrates, and the company is well on its way to developing renewable electricity and renewable natural gas for use in manufacturing processes, resulting in low-carbon fuels with significantly lower carbon intensity (the level of greenhouse gas emissions compared to standard petroleum fossil-based fuels across their life cycle).
Gevo's products outperform traditional fossil-based fuels in infrastructure and engines, but with significantly lower greenhouse gas emissions. Aside from addressing fuel issues, Gevo's technology allows certain plastics, such as polyester, to be made with more sustainable ingredients.
Gevo's ability to enter the expanding low-carbon fuels market is dependent on the price of oil as well as the value of avoiding carbon emissions that would otherwise increase greenhouse gas emissions.
Gevo believes it has the technology and know-how to convert various carbohydrate feedstocks into alcohols and then transform the alcohols into renewable fuels and materials using a combination of its own technology, know-how, engineering, and licensing of technology and engineering from Axens North America, Inc., which has the potential to generate project and corporate returns that justify the construction of a multi-billion-dollar facility.
It is the first airline in the Middle East to achieve the highest level of accreditation in the IATA Environmental Assessment Programme (IEnvA) and the first carrier to join the IATA CO2NNECT platform, which offers a new voluntary carbon offsetting program for air cargo shipments, as it advances an ambitious agenda to demonstrate environmental leadership across the global aviation industry.