HIF Global, the world’s leading eFuels company, announces the signing of a Memorandum of Understanding with Airbus for sustainable aviation fuels.
The two companies look to advance the global development of eFuels for aviation (e-Sustainable Aviation Fuel or e-SAF) via the methanol to jet fuel (MTJ) pathway.
The MoU provides a framework for negotiation of definitive agreements in relation to four key workstreams:
- Technical
- Project development
- Commercial
- Advocacy
They signed the collaboration at the Farnborough Airshow in England.
“The International Energy Agency projects that aviation activity will double from 2022 levels by 2030,” HIF chief operating officer, Clara Bowman, said
“We are therefore in a global race to supply and scale up sustainable fuels to aviation, the hardest to abate of all the transportation sectors. Collaboration between HIF and Airbus will help accelerate the airline sector’s adoption of e-SAF and facilitate the industry’s transition to net zero.”
e-SAF is a type of carbon-neutral Sustainable Aviation Fuel made by combining recycled CO₂ captured from the atmosphere and green hydrogen produced with renewable electricity from wind power. e-SAF is a drop-in fuel which can be used in existing airplanes without any modifications to their engines. HIF Global is designing e-SAF production facilities based on methanol to jet fuel synthesis, also called the MtJ pathway.
In May 2023, HIF Global announced agreements with Johnson Matthey and Honeywell UOP to conduct preliminary engineering for HIF’s first Sustainable Aviation Fuel facility in the United States.
HIF Global is also building the world’s largest e-fuels production facility, which is under construction in Matagorda, southern Texas.
HIF plans to make a capital investment of approximately US$6 billion, creating about 3,000 direct jobs during its construction and more than 125 permanent operating jobs.