Specilizing in advanced sustainable aviation fuels
Carbon Credits and advanced sustainable aviation fuels
Aviation accounts for around 2.5% of global CO2 emissions, but its overall contribution to climate change is higher. This is because air travel does not only emit CO2: it affects the climate in several more complex ways.
The global aviation emissions pact indicates necessary directions are to reduce emissions:
Fly more efficient aircraft.
Use new technologies to set more efficient flight paths and reduce delays.
Use sustainable lower-carbon alternative fuels.
Invest in emissions offsets within or outside of the aviation sector.
At KESSLER PROJECTS FOR THE WORLD LTD, we have actively engaged in specific activities aimed at improving the situation.
In July 2021, in the territory of the state of Israel, the first pilot plantation of energy trees, fast-growing trees that absorb large amounts of carbon dioxide, was created.
Thanks to this, our company will be able to generate Carbon Credits, and thus, in line with the CORSIA program, we will support the aviation industry in the fight against global warming.
At the same time based on our un-edible bio-raw material, our company will implement its experience and know-how, develop and create the first low-emission aviation fuel in Israel.
News from the industry:
Korean Air signed a Memorandum of Understanding (MoU) with Hyundai Oilbank, a leading petroleum and refinery company in Korea, regarding the manufacturing and usage of sustainable aviation fuel (SAF). Through the partnership, Korean Air hopes to not only counter climate change caused by the aviation industry through the use of SAF, but also help commercialise SAF and explore other business opportunities. SAF, which is made up of grains, plants, algae and animal fats, can reduce a flight’s carbon emissions by up to 80%.
However, commercializing this eco-friendly fuel has been very difficult due to its high price, three times higher than current aviation fuel, and the lack of manufacturing and fueling infrastructure.
Korean Air and Hyundai Oilbank will work to develop a foundation for biofuel manufacturing and its usage; explore opportunities for SAF usages in the market; raise awareness about SAF; and propose relevant policies.
While aircraft operations currently contribute to about 2 to 3% of global emissions, the growing aviation industry’s strategy to tackle climate change is critical.
In 2017, Korean Air used SAF for the first time in Korea by mixing biofuel extracted from plants such as corn with jet fuel.
Korean Air is also actively participating in the International Civil Aviation Organization (ICAO) and Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA), as it continues to replace its fleet with eco-friendly and high-efficient aircraft. Korean Air will continue its effort to apply various carbon reduction measures to achieve carbon neutralisation.
Shell and Rolls-Royce signed a memorandum of understanding (MoU) which aims to support the decarbonisation of the aviation industry and their progress towards net zero emissions.
The MoU will expand and accelerate several existing areas of cooperation between the companies such as advancing the use of sustainable aviation fuel (SAF).
This includes Rolls-Royce’s new SAFinity service, for which Shell is the exclusive SAF supplier, and working together on demonstrating the use of 100% SAF as a full “drop-in” solution.
This will see the companies explore opportunities to help progress the use of 100% SAF towards certification, building on Rolls-Royce’s ongoing 100% SAF testing programme.
“The heritage of collaboration between Rolls-Royce and Shell is a strong foundation for the future, particularly when it comes to our shared ambitions for achieving net zero emissions,” said Anna Mascolo, president, Shell Aviation. “Being from different parts of the aviation value chain means Rolls-Royce and Shell bring complementary expertise, experiences and ideas to the table. Wide-ranging cooperation can drive new solutions that will help the aviation industry and our customers navigate a pathway to net zero.”
“Supporting the decarbonisation of aviation while continuing to enable progress in flight are goals that Rolls-Royce and Shell both share,” said Paul Stein, Chief Technology Officer at Rolls-Royce. “We believe that working together on these aims can deliver benefits for both the development of new innovations as well as collaborating to find ways to unlock the net carbon emissions reduction potential of technology that is already in use today. SAFs will not only power large aircraft and business aviation, but also hybrid electric Urban Air Mobility (‘Flying taxis’) and the forthcoming generation of hybrid fixed wing city hoppers, which is why we place such importance on the ramp up of SAF adoption across the industry.”
The MoU will explore opportunities for Shell and Rolls-Royce to provide decarbonisation solutions to meet their respective targets to achieve net zero emissions by 2050. This will include both companies contributing technologies and expertise to help reduce operational emissions.