Market challenge

The airline sector is one of the hardest sectors to abate CO2 emissions

No alternative for liquid fuels

  • Batteries or hydrogen are not the solutions to decarbonize the airline sector
  • The weight and size of the required energy to fly are too large
  • Significant investment in infrastructure and engines needed
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Ramping sustainable aviation fuel demand

Europe (and many other parts of the world including the US) are regulating the increasing use of sustainable aviation fuels

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The aviation sector is choosing HVO as the solution

  • The most economical to produce sustainable aviation fuels is by processing lipids (such as Used Cooking Oil - UCO) to sustainable aviation fuels– so-called HVO or HEFA technology
  • Sustainable aviation fuels can be safely blended with traditional jet fuel because the chemical characteristics of the two are very similar
  • No new supply chains or engines are needed savings significant infrastructure and technology investments
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Feedstocks are the bottleneck

Owing to the limited availability of feedstock, the market value of global feedstock shortage is estimated to be almost $135 billion in 2030 $500 billion in 2050

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