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Sign upRefuel the Future
Developing facilities to produce renewable fuels for use by air, ground and marine vessels
01.
Identification
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.
Label Date
December 21, 2020
By
Refuel
From
Canada
Maturity stage
Prototype testing in the real world
Looking For
Network, New clients, Visibility, Funding, Partners, Credibility
02.
The environmental benefits
- •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
03.
The Financial benefits
- •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
05.
Company Profile
Refuel
Refuel develops sustainable aviation fuel for major airports to drastically reduce life-cycle CO2 emissions from flying
View company profile Solution website
Headquarters
Toronto, ON M5K 2A1, Canada
06.
Related Topics
07.
Complementary solutions
Apr 2018
Renewable gas for industrial burners
Decentralized renewable solutions for process heat in industrial processes
- Industrial Processes & Consumer Goods
- Utilities (Water, Energy, Waste)
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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. The innovator Refuel has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.