Refuel the Future

Gallery Refuel the Future 1
Gallery Refuel the Future 1
December 2020
By Refuel
Headquarters Toronto, ON M5K 2A1, Canada
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Refuel the Future - Developing facilities to produce renewable fuels for use by air, ground and marine vessels to reduce emissions quickly and at large scale

The climate challenge for aviation is worse than expected. Without any change, airplane emissions of CO2, having reached over 900 million metric tons in 2018, will triple by 2050. While other transportation modes can electrify, commercial aviation does not have the ability due to weight and flight ranges. The best option is to adopt drop-in sustainable aviation fuels (SAFs). Technologies for the production of SAF have matured and allow to now implement location-appropriate solutions on a broad scale to supply airlines. With a background in wind, solar, and clean transmission project development, the Refuel team is advancing a project to bring low-cost, sustainable, and community-building renewable fuels to aviation at commercial scale by 2024. This solution brings together the most efficient technology using societal waste streams as renewable feedstock. To date, Refuel the Future has already three projects on their roadmap and welcomes interested partners and investors.

Key features

  • Based on a life-cycle assessment, Refuel the Future's fuel can reduce emissions by 90% or more as compared to conventional jet fuel or diesel fuel
  • Refuel the Future's fuel is approved for blends up to 50%, however it has been tested successfully at 100%
  • By displacing fossil fuels, carbon reduction are expected to reach 244,000 MT per year at one facility
  • 90% reduction of CO2 emissions compared to fossil jet fuel
  • Refuel the Future's feedstock will be 100% waste resources and off-spec oils, eliminating the need for these resources to end up in landfill and avoiding competition with food supply

Profitability

  • 20% cheaper than fossil jet fuel in 2024
  • With a conservative blend mandate, airlines can still save 6% from now to 2050 compared to use of fossil jet fuel
  • A large airline purchasing $1 Billion per year in fuels could save ~$60 Million per year on average, or $1.5 Billion in total by 2050

Maturity Stage

  • Medium and large scale commercialization
  • Small scale commercialization
  • Initial market commercialization
  • Prototype testing in the real world
  • Prototype testing 1:1 in the lab

Looking For

Activity Region

  • /

Asia

Japan,

North america

United States,

  • Headquarters
  • Activity

The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances.