Neste’s SAF biofuel tested in Boeing Emirates flight in 2023
Future Energy Global Launches Sustainable Aviation Fuel Market Accelerator with Aviation Partners Backing
Companies like Neste in Finland are collaborating with aviation leaders to develop sustainable aviation fuel (SAF). Similarly, Shell in the US has established its own partnerships and technological developments as the world moves towards achieving ambitious net zero goals.
In response to the critical need to decarbonize aviation, a team of SAF and climate experts is working to expedite the path to reach net-zero goals through Future Energy Global. Led by former GE Capital Aviation Services (GECAS) Head of Portfolio Strategy Natasha Mann, this team has launched a financial ecosystem to speed up the production and adoption of SAF.
Natasha Mann, co-founder of SAF Future Energy Global group
“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 achieve net zero, SAF production needs to increase one thousandfold from 500 million liters to 500 billion liters between now and 2050. Future Energy Global, based in Ireland, aims to accelerate the over trillion dollars of infrastructure investment needed to achieve this.
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.
Isabel Galiana, a co-founder of SAF Future Energy Global group
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?
Neste’s Singapore SAF plant home to world’s largest production facility for jet fuel made from waste materials
SAF can be produced from non-petroleum-based renewable feedstocks such as 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 fat 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.
::FE Global
