Canadian sustainable aviation fuel production gets funding boost

Azure Sustainable Fuels Corp. is on track to begin producing sustainable aviation fuel (SAF) by 2027. That plan got an $8.4 million boost through the Canada Infrastructure Bank (CIB) today.

Sustainable aviation fuel can be used directly in aircraft engines by blending up to 50 per cent with traditional jet fuel, and has the potential to reduce aviation sector emissions by up to 80 per cent, CIB says.

The use of Azure’s SAF in existing jet engines could reduce airline emissions by approximately 2.6 million tonnes of carbon dioxide per year globally – the equivalent of removing 550 000 passenger vehicles from the road. The greenhouse gas emissions reduction is driven by the use of Canadian feedstock from agricultural products such as canola and soybean oils, used to develop the SAF.

This latest funding completes Azure’s study of SAF production, with an end date for completion set for later this year.

The CIB investment supports Azure’s development of three potential Canadian sites in parallel. The company has been working closely with provincial, municipal, and Indigenous governments to adhere to all environmental regulations in the process.

The International Coordinating Council of Aerospace Industries Associations has made the commitment to adopt 100 per cent SAF capability by 2030 for all commercial and military aircraft, creating a positive long-term outlook for the fuel’s production and its feedstocks.

“Azure is pleased to be partnering with the CIB to progress our plans to provide a significant source of SAF to global markets and support the transition to a more renewable future. We look forward to continuing to advance this exciting opportunity,” says Douglas Cole, CEO, Azure.

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Categories: Biofuels / News