KUALA LUMPUR, July 27 (Bernama) -- Black & Veatch, a global leader in critical infrastructure solutions, has joined Bioenergy Australia’s Sustainable Aviation Fuel Alliance of Australia and New Zealand (SAFAANZ).
“Joining SAFAANZ means Black & Veatch can meaningfully contribute to the advancement of sustainable fuels in Australia and New Zealand, given our extensive global engineering and construction experience across aviation fuel, methanol to gasoline, biogas and renewable natural gas,” said Black & Veatch Vice President, Director, Australia Pacific, Mick Scrivens.
Meanwhile, Bioenergy Australia Chief Executive Officer, Shahana McKenzie said Australia’s heavy industries, aviation, marine, agriculture and mining need affordable and immediate decarbonisation options, such as renewable fuel.
“We are excited to work with industry leaders, like Black & Veatch, to identify pathways to produce the fuel affordably and at scale,” she said.
Sustainable Aviation Fuel (SAF) is produced by processing renewable sources such as waste cooking oil, plant oils and agricultural residues for use in commercial aeroplanes, and the fuel can reduce greenhouse gas emissions by up to 80 per cent compared to traditional jet fuel, according to a statement.
About 2.5 per cent of the world’s total carbon emissions are generated by the global aviation sector. The International Air Transport Association (IATA) estimates that SAF could contribute around 65 per cent of the reduction in emissions needed by aviation to reach net zero in 2050.
Presently, demand for SAF exceeds its supply. Australia, with abundant residue resources, agriculture and waste, has strong potential to meet both domestic and global SAF supply needs.
To realise its potential, the Australian Renewable Energy Agency (ARENA) set aside AUD$30 million (US$20 million) in July to facilitate the development of a SAF industry with production from renewable feedstocks available locally. (US$1=RM4.52)
The Sustainable Aviation Fuels Funding Initiative will assess opportunities across the supply chain from renewable feedstock supply to final fuel production, identifying their requirements to enable and scale a domestic SAF industry.
The wider deployment of SAF will be supported by overcoming barriers, including affordability, competition for feedstocks, sustainability, airport infrastructure and cost-effective scaling of production.
-- BERNAMA
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