Raven SR and Cap Clean Energy to Collaborate on Canadian SAF and Renewable Diesel projects

April 27, 2023

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(Raven SR/PR Newswire) • Announcement marks Raven SR and Cap Clean's strategic commitment to sustainable aviation fuel (SAF) production to support aviation industry decarbonization

MOU to co-develop a portfolio of bioenergy with carbon capture and sequestration (BECCS) opportunities across Canada
SAF to be produced from non-combustion conversion of bio-waste feedstocks that do not compete with food

Raven SR Inc. (Raven SR), a renewable fuels company, and Cap Clean Energy Corp. (Cap Clean), a clean energy development company headquartered in Calgary, Alberta, today announced they have signed a memorandum of understanding (MOU) to co-develop biofuels facilities in Canada to produce sustainable aviation fuel (SAF) and renewable diesel (RD) for the heavy duty transport sector.

The MOU provides a roadmap for a co-development partnership for deploying Raven SR's patented Steam/CO₂Reforming process in Cap Clean's portfolio of biofuel facilities across Canada. This partnership will allow Cap Clean to produce high-quality renewable fuels from various biomass and bio-wastes feedstocks for the difficult-to-abate transportation sector using modular systems capable of rapid production scale-up.

"This MOU with Cap Clean Energy provides a pathway to explore development opportunities in Canada, and in addition to expanding our SAF production footprint, will lay the groundwork for our first renewable diesel project," said Matt Murdock, CEO of Raven SR. "Our agreement with Cap Clean will enable the production of SAF and RD with zero to negative carbon intensities in strategic North American markets utilizing local waste feedstocks that do not compete with food production. By reducing waste and emissions, we can have a meaningful impact on mitigating climate change while meeting the growing demand for sustainable and renewable fuels."

By converting various types of wastes, such as biomass waste, municipal solid waste, organic waste, and methane from municipal solid waste into clean fuels, Raven SR offers a sustainable solution for the reliable and long-term production of SAF and renewable fuels.

"Our purpose at Cap Clean is to develop a portfolio of clean energy assets to power society with more sustainable energy," said Steve Polvi, CEO of Cap Clean. "Cap Clean is committed to becoming an industry leader in sustainable biofuels production. The announcement between Cap Clean and Raven SR will support our goals of helping to rapidly decarbonize aviation. We look forward to collaboratively working together on biofuels production scale-up, which is imperative to supporting the aviation industry to achieve its net-zero goals."

The North American jet fuel market consumes ~25 billion gallons per year, of which less than 1% is currently produced from renewable sources. The demand for SAF over the next 10 years is forecast to grow at a compound annual growth rate of 10 – 15%.

The Raven SR technology is a non-combustion thermal, chemical reductive process that converts organic waste and landfill gas to hydrogen and Fischer-Tropsch synthetic fuels. Unlike other hydrogen production technologies, its Steam/CO₂ Reformation does not require fresh water as a feedstock. The process is more efficient than conventional hydrogen production and can deliver fuel with low to negative carbon intensity. Additionally, Raven SR's goal is to generate as much of its own power onsite as possible to reduce reliance on the power grid and be independent of the grid. Its modular design provides a scalable means to locally produce renewable hydrogen and synthetic liquid fuels from local waste.

About Raven SR

Raven SR, headquartered in Wyoming, transforms biomass, mixed municipal solid waste, bio-solids, sewage, medical waste, and natural or biogas into renewable fuels. Using its proprietary, non-combustion, non-catalytic "Steam/CO₂ Reformation" technology, Raven SR dependably produces a hydrogen-rich syngas regardless of feedstock utilized. Raven SR, led by co-founders Matt Murdock and Matt Scanlon, is committed to adding value to local resources and communities while responsibly reducing greenhouse gases and achieving a low carbon economy. By using modular systems and producing low air emissions, their systems can be located closer to customers and feedstock, creating local fuel from local waste for local mobility. Visit https://ravensr.com/.

About Cap Clean Energy

Cap Clean Energy, headquartered in Calgary, AB, Canada, develops biofuel facilities that upcycle biomass, mixed municipal solid wastes, bio-solids, sewage, and biogas into value-added drop-in renewable liquid fuels for the heavy-duty transport sector. By integrating proven technologies and other critical components across the sustainable fuels value chain, Cap Clean deploys novel development concepts that allow for the commercial scale production of non-food sourced cellulosic biofuels to meet the growing demand for sustainable fuels in North America while managing carbon emissions through carbon capture, utilisation & storage (CCUS). Our biofuels reduce the carbon impact of aviation and heavy-duty transport by more than 90% (or greater than 100% with CCUS) when compared to traditional fossil fuels. Visit https://capclean.com/. READ MORE

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ABB and Cap Clean Energy collaborate to help sustainable aviation fuel production take off (ABB)

Excerpt from ABB: ABB and Cap Clean Energy sign agreement to support production of sustainable aviation fuels (SAF) in Canada; Companies will explore how ABB’s integrated automation, electrical and digital technologies can improve efficiency at biofuel facilities; SAF could contribute around 65 percent of the reduction in emissions needed by aviation to reach net zero in 20501

ABB has signed an agreement with Cap Clean Energy to collaborate on sustainable aviation fuel (SAF) production sites in the Canadian provinces of Manitoba, Saskatchewan and Alberta. As part of the Memorandum of Understanding (MoU), ABB will explore how its automation, electrification and digital technology – including the ABB Ability™ System 800xA® distributed control system and eHouse modular substation solutions – can optimize the biofuel facilities.

Once operational, Cap Clean Energy’s facilities will produce ultra-low carbon SAF from non-combustion conversion of cereal crop by-product feedstocks that do not compete with food. The sites will also incorporate carbon capture and storage (CCS) technology to reduce CO2 emissions.

For the aviation industry to reach net zero targets by 2050, a substantial increase in production will be needed to create the blend of 65 percent aviation fuel required to meet demand, according to the International Air Transport Association1. Progress is being made, with SAF volumes reaching over 600 million liters in 2023 – double the amount produced in 2022 – and an expectation to triple in 20242.

“We are proud to collaborate with Cap Clean Energy and realize our joint vision of driving scale on sustainable fuels as part of the energy transition,” said Brandon Spencer, President of ABB Energy Industries. “The potential for SAF has never been greater, and this agreement demonstrates our commitment to supporting a low-carbon future with innovative clean technology.”

As part of its Tracking Clean Energy Progress 2023 report3, the International Energy Agency (IEA) says aviation accounts for two percent of global energy-related CO2 emissions, having grown faster in recent decades than rail, road or shipping. Currently SAF accounts for less than 0.1 percent of all aviation fuels consumed, so to increase its use to 10 percent by 2030, in line with the Net Zero Emissions Scenario, investment in capacity needs to be ramped up alongside supportive policies.

“We are delighted to collaborate with ABB, which has a long history of delivering integrated automation, electrical and digital technology that drives operational efficiency,” said Steve Polvi, CEO of Cap Clean Energy. “Together, we will work on enabling the production and delivery of SAF and RD into strategic North American markets, supporting society with more sustainable energy and allowing the aviation industry to achieve its net zero goals.”

Cap Clean Energy’s biofuel facilities will be designed as modular systems capable of rapid production scale-up. The concept can then be applied as part of a wider, long-term rollout across a network of integrated and connected bio-refineries.

ABB’s Process Automation business automates, electrifies and digitalizes industrial operations that address a wide range of essential needs – from supplying energy, water and materials, to producing goods and transporting them to market. With its ~20,000 employees, leading technology and service expertise, ABB Process Automation helps customers in process, hybrid and maritime industries improve performance and safety of operations, enabling a more sustainable and resource-efficient future. go.abb/processautomation

ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company’s solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered and operated. Building on over 140 years of excellence, ABB’s more than 105,000 employees are committed to driving innovations that accelerate industrial transformation. www.abb.com

Cap Clean Energy, headquartered in Calgary, AB, Canada, develops biofuel facilities that upcycle biomass into value-added drop-in renewable liquid fuels. Cap Clean deploys novel development concepts and proven technologies to commercially produce non-food sourced sustainable biofuels that reduce the carbon impact of aviation by more than 90% (or greater than 100% with carbon capture) compared to traditional fossil fuels. www.capclean.com

1 https://www.iata.org/en/iata-repository/pressroom/fact-sheets/fact-sheet---alternative-fuels/ 2 https://www.iata.org/en/pressroom/2023-releases/2023-12-06-02/
3 https://www.iea.org/energy-system/transport/aviation

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