- A statement from Honeywells VP
- What the companies plan to do with SAF for aviation
Tech firm Honeywell International Inc and consulting and engineering company Wood are set to launch a technology to help companies reduce carbon intensity when making sustainable aviation fuel (SAF), the partners said on Thursday. The Biden administration is setting targets to help boost SAF production to shift the aviation industry away from using traditional petroleum-based jet fuel. Earlier this month, the White House said it is targeting 20per cent lower aviation emissions by 2030. Some are skeptical about whether the SAF market can reach that 20per cent target, as production is still miniscule. Less than 1per cent of the roughly 21.5 billion gallons of jet fuel burned each year in the United States is SAF.
The two companies are combining on a process that pairs production processing from Honeywell with Wood’s hydrogen plant technology. They said it can significantly reduce lifecycle greenhouse gas emissions, especially when using certain feedstocks, compared to emissions when producing traditional jet fuel.
“The government incentives here are very supportive, but the economics improve greatly as you reduce carbon intensities,” said Ben Owens, vice president and general manager of Honeywell Sustainable Technology Solutions.