Gevo and Japan Airlines sign 5.3m gallon SAF deal

Gevo has announced a new fuel sales agreement with Japan Airlines.
The Agreement outlines the details for the purchase of 5.3 million gallons per year of sustainable aviation fuel (SAF) for five years with deliveries expected to begin in 2027.
JAL is a member of oneworld® Alliance, and this Agreement falls within the purview of a memorandum of understanding (MoU) that oneworld and Gevo signed in March 2022, laying the groundwork for the purchase up to 200 million gallons of SAF from Gevo’s commercial operations.
The agreement with JAL will further enhance Gevo’s global footprint for its sustainable fuel products, and also supports Gevo’s efforts in pursuit of its stated goal of producing and commercializing a billion gallons of SAF by 2030.
“Our sustainable aviation fuel is a drop-in fuel that delivers renewable energy where it’s needed,” said Patrick Gruber, Gevo’s CEO.
“Our process is a model of efficiency, designed to allow the same acre of farmland to produce SAF from corn using atmospheric carbon while simultaneously adding high-value nutritional products to the food chain.”
Gevo uses the Argonne GREET® model established by Argonne National Laboratory with the support of the US Department of Energy to measure greenhouse gas emissions.
Argonne GREET provides an accurate lifecycle inventory of carbon and leverages the decarbonizing impact of sustainable agriculture and fuel-production practices.
Gevo’s Net-Zero business systems are expected to reduce greenhouse-gas emissions to net-zero over the entire lifecycle of each gallon of advanced renewable fuel produced, including its SAF, and that includes the emissions resulting from burning the fuel in engines to power transportation.
“JAL sees the value in reducing its dependence on fossil fuels while still being able to continue to use its existing aircraft,” added Gruber. “Our agreement will empower the company to achieve carbon-emissions reductions now as it explores other technologies to manage its energy transition.”
The agreement with JAL is subject to certain conditions precedent, including Gevo developing, financing and constructing one or more production facilities to produce the SAF contemplated by the agreement.