Go SAF, Young Man: Go SAF, Young One, and Grow up with the Country
by Jim Lane (Biofuels Digest) … California is not a waste land, it remains a horn of plenty, but with plenty of production comes plenty of waste, it is the way of sophisticated Western economies. Now that sustainability is becoming part of the pricing equation, it is getting expensive not cheap to throw stuff away, and Aemetis has been scooping up contracts for California waste in large quantities because now there is money in it, and Aemetis plans to do well by doing good, which is the Eric McAfee method if you’ve become somewhat acquainted with that company’s CEO.
Let me amend that. Aemetis likes to do very well by doing very good. I think that puts it better.
The waste they’ve been scooping up is the stuff that everyone else thought was so worthless they combusted it or otherwise dumped it in landfill or any other place they could stuff it. That’s the bioeconomy’s singular trick, isn’t it? Spotting the gold in the tailings, the diamond in the haystack.
So, Almond tree waste, for one, dairy waste for another. One Man’s Meat is Another Man’s Pudding, goes the saying, and pudding indeed is how we might describe the frothy returns that can come from uncovering technology that unlocks carbon-negative waste.
Aemetis, JetBlue ink 125 MG SAF deal
So we read with interest this week that Aemetis announced an offtake agreement with JetBlue, to be delivered over the 10 year term of the agreement. The value of the contract including incentives is approximately $530 million. The blended sustainable aviation fuel to be supplied under this agreement is 40% SAF and 60% Petroleum Jet A to meet international blending standards.
The sustainable aviation fuel is expected to be produced by the Aemetis renewable jet/diesel plant under development on a 125 acre former U.S. Army Ammunition production plant site in Riverbank, California. The blended sustainable aviation fuel is scheduled to begin deliveries to JetBlue in 2025. Powered by 100% renewable electricity, the Aemetis Carbon Zero production plant at the Riverbank plant site is designed to sequester CO2 from the production process using injection wells, significantly reducing the carbon intensity of the renewable fuel.
It wasn’t the only order of the season for Aemetis and its airline partners. At the end of last month, Aemetis announced an offtake agreement with Finnair for 17.5 million gallons of blended sustainable aviation fuel to be delivered over the 7 year term of the agreement. The value of the contract including incentives is approximately $70 million.
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But wait, there’s more. Earlier this week, the Aemetis Biogas subsidiary became ready for Phase 2 biogas production by completing construction of its 3rd dairy digester and successfully testing the 7-mile biogas pipeline section to be used by the next 5 dairy digesters in Phase 2 of the Aemetis Biogas Central Dairy Project. READ MORE
Aemetis Signs Agreement with JetBlue to Supply 125 Million Gallons of Sustainable Aviation Fuel (Associated Press)
