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United’s Sustainable Flight Fund grows to nearly $200 million

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By United Airlines

July 26, 2023

Sustainable Aviation Fuels 

The United Airlines Ventures Sustainable Flight Fund, which aims to increase the supply of SAF through the support of start-ups, has increased its investment power to nearly $200 million and added eight new corporate partners.

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Gevo Inc. has entered into a master services agreement with a subsidiary of McDermott International Ltd. to provide front end engineering and early planning services for Gevo’s development of multiple SAF facilities in North America.

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International Airlines Group has announced an investment into Nova Pangaea Technologies, an U.K.-based cleantech company whose technology converts agricultural waste and wood residue into ethanol that can be processed into SAF.

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The Australian Renewable Energy Agency (ARENA) on July 3 opened a $30 million sustainable aviation fuels (SAF) funding initiative that aims to reduce emissions in the aviation sector by supporting the development of a domestic SAF industry.

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SAF Magazine and the Commercial Aviation Alternative Fuels Initiative (CAAFI) announced the preliminary agenda for the North American SAF Conference & Expo taking place Aug. 29-30 at the Minneapolis Convention Center in Minneapolis, Minnesota.

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Blue Biofuels Inc. announced on July 11 it has been awarded a U.S. Department of Energy Small Business Innovation Research Phase 1 grant. The $206,500 grant will support efforts to scale and optimize the company's cellulose-to-sugar process.

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Sen. Raphael Warnock, D-Ga., on June 13 introduced the Advancing Aviation Emissions Reduction Opportunities (AAERO) Act, which aims to alter some provisions of a SAF grant program included in the IRA and boost the program’s funding.

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The ethanol industry has a role to play in the emerging SAF indsutry through both ethanol-to-jet technologies and the supply of distillers corn oil feedstock.

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Sen. Tammy Duckworth, D-Ill., on June 13 introduced the Sustainable Aviation Fuels Accuracy Act of 2023, a bipartisan bill that aims to identify the standards required to meet the definition of SAF at the FAA.

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Blue Biofuels announced that it has signed a MOU with World Energy under which World Energy will purchase the finished products produced by Blue Biofuels and all their applicable environmental attributes, including ethanol and SAF.

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