Future Energy Global Launches Sustainable Aviation Fuel Market Accelerator with Aviation Partners Backing
Companies like Neste in Finland are working with aviation leaders to develop sustainable aviation fuel (SAF). Shell in the US has its own partnerships and tech developments as as the world flies towards an ambitious path to net zero.
Responding to the pressing need to decarbonize aviation, a team of SAF and climate experts, are creating a faster path to reach net-zero goals through Future Energy Global, led by former GE Capital Aviation Services (GECAS) Head of Portfolio Strategy Natasha Mann. She has launched a financial ecosystem to accelerate the production and uptake of SAF.
“The future is now,” said Mann. “Given the size, scope and urgency of the need to scale SAF, collaboration is crucial. Future Energy Global’s pre-purchasing ecosystem brings investors, suppliers and buyers together, unlocking the capital to make that a reality.”
To reach net zero, SAF production needs to scale one thousandfold from 500 million liters to 500 billion liters between now and 2050, she says. Future Energy Global, based in Ireland aims to accelerate the more than trillion dollars of infrastructure investment needed to enact it.
Joining Mann is Isabel Galiana, a climate change economist and entrepreneur who led and founded NeuroFlex, a now global medical device company. Galiana has consulted for various governments, the Commission for Environmental Cooperation, the United Nations and the Copenhagen Consensus as well as published numerous papers on the challenges of accelerating low-carbon technological change.
An advisory team composed of recognized SAF, aviation, investment, and sustainability experts, includes:
- Thorsten Lange, former EVP of Neste’s renewable aviation business
- Dr. Liam Cheung, Founder and Director of VC Investments for Tactico
- Magni Arge, former CEO of Atlantic Airways and Co-Founder of Ocean Rainforest, a leading seaweed company backed by the WWF
- Patrick Edmond, Managing Director of Altair Advisory and Advisory Board member of Green Mobility Magazine
What is SAF made from?
SAF can be produced from non-petroleum-based renewable feedstocks including, but not limited to, the food and yard waste portion of municipal solid waste, woody biomass, fats/greases/oils, and other feedstocks. Neste’s SAF is produced from 100% renewable waste and residue raw materials, such as used cooking oil and animal fat waste. The Finns eat reindeer so consider that reindeer far may be powering the next SAF flight. A good story for the kids.
Want more on Green Aviation? Read our interview with Geoffry Lipman, Sunx Malta.
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