Arcadia eFuels, Sasol and Topsoe have signed a single license agreement for Arcadia’s Vordingborg eFuels plant for the production of sustainable aviation fuel (SAF).
The signing of the agreement represents a major milestone in maturing the project and ahead of the next major milestone being Arcadia’s final investment decision.
The production of SAF is not only important for the three companies, but there is a desperate need for low carbon alternatives to a fossil-fuelled aviation industry.
According to IATA – the International Aviation Transport Association – 2022 only saw around 300 million litres of SAF produced.
This is compared to an estimated 450 billion litres per year needed for the airline sector to achieve net-zero CO2 emissions by 2050.
Once operational, the plant will deliver eFuels for the Danish and European aviation markets to help meet the European Union mandate of 1.2% RFNBO (Renewable Fuels of non-Biological Origin) in 2030.
Amy Hebert, CEO of Arcadia eFuels, said: “We’re pleased to conclude this license and engineering agreement with two best in class companies acting as a single point licensor.
“Their commercial experience in syngas, Fischer Tropsch and refining technology development and licencing combined with Arcadia’s novel engineering approach allows us speed to market. Meeting the needs of the aviation and heavy transportation industry’s decarbonisation efforts is of high priority for Arcadia.”
Elena Scaltritti, CCO at Topsoe, said: “We’re on a pathway to decarbonise aviation and other hard-to-abate sectors, and this project is a big step in the right direction.
“Arcadia has made great strides in short time by reaching this milestone on their first project. This agreement emphasises our combined commitment to a sustainable future in aviation fuel production and supports Topsoe’s ambition to be a leader in low carbon solutions.”
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