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LanzaJet announces investment from Microsoft’s Climate Innovation Fund

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By LanzaJet

April 25, 2024

Sustainable Aviation FuelsBusiness

LanzaJet on April 22 announced an investment from Microsoft’s Climate Innovation Fund. This investment from Microsoft enables LanzaJet to continue building its capability and capacity to deploy its sustainable fuels process technology globally.

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Nebraska Gov. Jim Pillen on April 24 signed a legislative package that includes a tax credit to support the production of SAF within the state. The tax credit applies to eligible SAF that achieves at least a 50% GHG emissions reduction.

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A coalition of 36 biofuel producers, ag groups, airlines and other SAF stakeholders on April 24 sent a letter to Agriculture Committee leaders in the House and Senate urging them to provide support for SAF in the upcoming Farm Bill.

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Honeywell on April 24 announced its hydrocracking technology can be used to produce sustainable aviation fuel (SAF) from biomass, helping to make SAF that is 90% less carbon intensive than traditional fossil-based jet fuels.

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WestJet on April 19 announced that it has purchased the first sustainable aviation fuel (SAF) supplied in Canada by Shell Aviation, marking another milestone in WestJet's mission to achieve net-zero emissions by 2050.

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Nearly 1.91 billion RINs were generated under the Renewable Fuel Standard in March, down from 1.92 billion generated during the same month of 2023, according to data released by the U.S. EPA on April 18.

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Jet2.com on April 16 announced that it will use a blend of sustainable aviation fuel (SAF) at London Stansted Airport in 2024, meaning the leading leisure airline will use SAF on departing flights from two U.K. airports in 2024.

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Sustainable Aviation Buyers Alliance has announced the largest ever collection of deals to purchase high-integrity SAF certificates (SAFc), with SABA members committed to channel close to $200 million into purchasing SAFc over five years.

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Southwest Airlines in March acquired SAFFiRE Renewables LLC, as part of the investment portfolio of its wholly owned subsidiary Southwest Airlines Renewable Ventures LLC. SAFFiRE is part of a NREL project to develop SAF.

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A joint statement issued by President Joe Biden and Japanese Prime Minster KISHIDA Fumio on April 10 outlines the intentions of the two countries to cooperate on expanding the availability SAF including SAF made from ethanol.

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Boeing is buying 9.4 million gallons of blended SAF to support its 2024 U.S. commercial operations, reducing its carbon emissions and working to help grow the supply of the fuel globally. This is the company's largest annual SAF purchase.

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Solarig on April 3 announced plans to develop a commercial scale biorefinery in Spain that will produce sustainable aviation fuel (SAF) from renewable natural gas (RNG) and renewable electricity.

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Neste and Air New Zealand have signed an agreement for the supply of 2.4 million gallons of neat Neste MY Sustainable Aviation Fuel. The agreement follows an earlier SAF delivery to Air New Zealand in 2022.

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Desert Jet has partnered with TITAN Aviation Fuels to establish the supply of sustainable aviation fuel (SAF) at its flagship FBO, Desert Jet Center at KTRM, including using SAF for its charter aircraft fleet.

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A biorefinery in Sweden developed as a joint venture between Nordic energy group St1 and Swedish forest products company SCA on April 10 commenced commercial operations to produce SAF, renewable diesel, and biobased naphtha and LPG.

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Farmers Edge Inc. and Gevo Inc. will work with growers spanning three states to track and quantify the carbon intensity impact of climate-smart practices helping to accelerate the production of SAF and low-CI ethanol,

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The U.S. Department of Energy will award up $18.8 million to address research and development (R&D) challenges in converting algae, such as seaweeds and other wet waste feedstocks, to biofuels and bioproducts.

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Johnson Matthey has announced that DG Fuels has selected its award-winning Fischer Tropsch (FT) CANS technology – co-developed with bp – for DG Fuels' first sustainable aviation fuel (SAF) plant in St. James Parish, Louisiana.

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Strategic Biofuels has received a strategic investment commitment from Magnolia Sustainable Energy Partners, a newly formed Japanese-based investment consortium created by Sumitomo Corporation of Americas and JX Nippon Oil & Gas Exploration Corp.

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New Rise Renewables on April 9 announced work is underway to convert its existing renewable diesel plant located near Reno, Nevada, to sustainable aviation fuel (SAF). SAF production is currently expected to commence this summer.

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Raven SR Inc. on April 2 announced key board additions and an executive promotion, coupled with securing $15 million in new investments, positioning the company for further growth and innovation in the clean energy sector.

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The University of Missouri’s FAPRI in March released a report featuring 10-year baseline projections for U.S. agricultural markets that predicts renewable diesel and SAF production will grow over the next decade while biodiesel production declines.

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California Ethanol + Power on April 3 announced that Booker Tate Ltd. will help guide sugarcane cultivation plans for Sugar Valley Energy, a proposed bioenergy project in California that is expected to produce ethanol, biogas, power and SAF.

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World Fuel Services will supply the U.K. Ministry of Defence with 5.15 million liters of aviation fuel. The supplied fuel is blended with approximately 40% sustainable aviation fuel (SAF), sourced from Neste.

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Avina has announced plans to develop a 120 MMgy SAF facility in the Midwest that will utilize alcohol-to-jet production technology. The company has already entered into long-term supply agreements for low-CI ethanol.

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A sustainable aviation fuel (SAF) project in the U.K. under development by LanzaTech U.K. Ltd., a subsidiary of LanzaTech Global Inc., is moving forward following an approval issued by the Neath Port Talbot Council’s Planning Committee on March 26.

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Ryanair on March 28 announced that it has purchased 1,000 metric tons of sustainable aviation fuel (SAF) from Shell. That volume of SAF is enough to fuel over 200 flights from Stansted to Madrid.

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Phillips 66 on April 1 announced that its Rodeo refinery in San Francisco has commenced commercial production of renewable diesel. The facility is expected to begin producing SAF components during the second quarter of this year.

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The RFA is urging federal officials to use a 30-year time frame to account for LUC emissions as they work to complete the upcoming 40BSAF-GREET model, which will be used to calculate emissions reductions for the SAF tax credit.

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The U.S. Department of Transportation’s Federal Aviation Administration on April 1 opened a $269 million funding opportunity under its Airport Improvement Program. SAF infrastructure projects are among those eligible for the funding.

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