Raven SR has signed a memorandum of understanding (MOU) with All Nippon Airways (ANA) to deliver sustainable aviation fuel (SAF) for important worldwide routes.
The MOU stipulates that an initial 50,000 tons of SAF supply will be available in 2025, with annual increments continuing until year 10 (200,000 tons). To support particular ANA international routes, the supply will be generated by Raven SR at facilities envisioned for significant worldwide markets outside of Japan.
The two businesses continue to have a close relationship, with plans for the commercial production and international sales of renewable fuels. ITOCHU is one of several strategic investors in the privately held Raven SR.
Raven SR provides a sustainable solution for the dependable and long-term generation of SAF by converting various local waste kinds, such as green waste, municipal solid waste, organic waste, and methane from municipal solid waste, into clean fuels.
The International Civil Aviation Organization’s (ICAO) General Assembly has mandated that by the year 2050, the Japanese airline industry must achieve net-zero CO2 emissions from aircraft. Japanese airlines will have to cut or offset 15% of their emissions from 2019 levels starting in 2024.
Raven SR intends to start SAF manufacturing on a commercial scale in California by 2025 and increase SAF production by 200,000 tons annually in the United States and Europe until 2034.
The utilization of trash by Raven SR as a feedstock for the manufacturing of SAF is anticipated to stabilize the product’s supply and price. In addition, Raven SR’s third-generation synthetic SAF is anticipated to minimize CO2 emissions in comparison to traditional jet fuel and increase the lifespan of jet engines.
Synthetic aviation fuels classified as third-generation (SAF) are made from non-conventional feedstocks such algae, forestry waste, and agricultural waste. As they do not contribute to greenhouse gas emissions or deplete finite resources, these feedstocks are seen as being more environmentally friendly and sustainable than conventional feedstocks like fossil fuels.
Third-generation SAFs also have the potential to dramatically reduce the aviation sector’s carbon footprint because they produce and burn fuel with significantly lower levels of greenhouse gases (GHGs) than fossil fuels.
