GreenSinnergy and Axens Join Forces for Sustainable Aviation Fuel Development in Argentina and Latin America
Key Ideas
- GreenSinnergy and Axens have signed an MoU to collaborate on Sustainable Aviation Fuel (SAF) projects in Argentina and Latin America to meet increasing global demand for low-carbon energy solutions in aviation.
- The partnership will focus on utilizing advanced technological solutions like CO₂ capture and hydrogen purification to produce sustainable kerosene and gasoline, with initial emphasis on the Eco-Refinerías del Sur project in Chubut, Argentina.
- The agreement includes securing strategic partners, regulatory approvals, feedstock supply, and SAF offtake agreements, aiming to develop detailed cost estimates to advance the SAF initiatives.
- Industry experts like Frédéric Balligand from Axens and Carlos Villalba from GreenSinnergy believe the alliance will play a crucial role in leveraging Patagonian wind resources to create a new generation of sustainable aviation fuel, addressing the energy supply challenges faced by the aviation industry.
GreenSinnergy has partnered with the French company Axens to enhance Sustainable Aviation Fuel (SAF) projects in Argentina and Latin America to cater to the rising global demand for low-carbon aviation solutions. The collaboration aims to leverage GreenSinnergy's project development expertise with Axens' advanced technologies such as CO₂ capture, hydrogen purification, and refining processes to produce sustainable kerosene and gasoline. Initially, the focus will be on the Eco-Refinerías del Sur project in Chubut, Argentina. The partnership includes activities like identifying strategic partners, securing regulatory approvals, negotiating feedstock supply and SAF offtake agreements, and developing cost estimates. Industry leaders believe that this strategic alliance will help overcome technological risks in SAF production and contribute significantly to generating sustainable aviation fuel from Patagonian wind sources. Despite the positive momentum, global SAF production still lags behind demand, emphasizing the need for more investments and policy support. Experts, including Dr. Marie Owens Thomsen from IATA, stress the importance of redirecting fossil fuel subsidies towards renewable energy producers to achieve the aviation industry's net-zero emissions target by 2050 and address the energy supply challenges faced by the sector.