{"id":23751,"date":"2021-04-07T04:59:42","date_gmt":"2021-04-07T04:59:42","guid":{"rendered":"https:\/\/rbsitsoftwaresolution.com\/blog\/shell-invests-in-lanzajet-to-speed-up-deliveries-of-its-synthetic-aviation-fuel.html"},"modified":"2021-04-07T04:59:42","modified_gmt":"2021-04-07T04:59:42","slug":"shell-invests-in-lanzajet-to-speed-up-deliveries-of-its-synthetic-aviation-fuel","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/shell-invests-in-lanzajet-to-speed-up-deliveries-of-its-synthetic-aviation-fuel.html","title":{"rendered":"Shell invests in LanzaJet to speed up deliveries of its synthetic aviation fuel"},"content":{"rendered":"

The energy giant Shell has joined a slew of strategic investors \u2014 including All Nippon Airways, Suncor Energy, Mitsui and British Airways \u2014 in funding LanzaJet, the company commercializing a process to convert alcohol into jet fuel.\u00a0<\/span><\/p>\n

A spin-off from LanzaTech<\/a>, one of the last surviving climate tech startups from the first cleantech boom that\u2019s still privately held, LanzaJet is taking a phased investment approach with its corporate backers, enabling them to invest additional capital as the company scales to larger production facilities.<\/p>\n

Terms of the initial investment, or LanzaJet\u2019s valuation after the commitment, were not disclosed.<\/p>\n

LanzaJet claims that it can help the aviation industry reach net-zero emissions, something that would go a long way toward helping the world meet the emissions reductions targets set in the Paris Agreement<\/a>.<\/p>\n

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LanzaJet inks deal with British Airways for 7,500 tons of low-emission fuel additive per year<\/a><\/p>\n<\/blockquote>\n

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\u201cLanzaJet\u2019s technology opens up a new and exciting pathway to produce SAF using an AtJ process and will help address the aviation sector\u2019s urgent need for SAF. It demonstrates that the industry can move faster and deliver more when we all work together,\u201d said Anna Mascolo, president, Shell Aviation, in a statement. \u201cProvided industry, government and society collaborate on appropriate policy mechanisms and regulations to drive both supply and demand, aviation can achieve net-zero carbon emissions. The strategic fit with LanzaJet is exciting.\u201d<\/span><\/p>\n

LanzaJet is currently building an alcohol-to-jet fuel facility in Soperton, Georgia. Upon completion it would be the first commercial-scale plant for sustainable synthetic jet fuel, with a capacity of 10 million gallons per year.<\/p>\n

The fuel is made by using ethanol inputs \u2014 something that Shell is very familiar with. It\u2019s also something that the oil giant has in ready supply. Through the Ra\u00edzen joint venture in Brazil, Shell has been producing bio-ethanol for more than 10 years.<\/p>\n

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4 sustainable industries where founders and VCs can see green by going green<\/a><\/p>\n<\/blockquote>\n

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The company expects that its sustainable fuel will be mixed with conventional fossil jet fuel to power airplanes in a lower carbon intensity way. Roughly 90% of the company\u2019s production output will be aviation fuel, while the remaining 10% will be renewable diesel, the company said.<\/p>\n

LanzaJet\u2019s SAF is approved to be blended up to 50% with fossil jet fuel, the maximum allowed\u00a0 by ASTM, and is a drop-in fuel that requires no modifications to engines, aircraft and infrastructure. Additionally, LanzaJet\u2019s SAF delivers more than a 70% reduction in greenhouse gas emissions on a lifecycle basis, compared to conventional fossil jet fuel. The versatility in ethanol, and a focus on low carbon, waste-based and nonfood\/nonfeed sources, along with ethanol\u2019s global availability, make\u00a0 LanzaJet\u2019s technology a relevant and enduring solution for SAF.\u00a0<\/span><\/p>\n

\u00a0<\/p>\n

Article source: https:\/\/techcrunch.com\/2021\/04\/06\/shell-invests-in-lanzajet-to-speed-up-deliveries-of-its-synthetic-aviation-fuel\/<\/p>","protected":false},"excerpt":{"rendered":"

The energy giant Shell has joined a slew of strategic investors \u2014 including All Nippon Airways, Suncor Energy, Mitsui and British Airways \u2014 in funding LanzaJet, the company commercializing a <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[17],"tags":[23],"class_list":["post-23751","post","type-post","status-publish","format-standard","hentry","category-networking-and-communication","tag-network-and-communication"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t