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Biomass Energy

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06 May 2023

Ryanair Signs Major SAF Agreement With Repsol

06 May 2023  by biobased-diesel   


Marin, left and Wilson at Repsol's headquarters in Madrid, Spain, May 4 (Photo: Ryanair)

Ryanair, Europe’s largest airline, and Madrid, Spain-based global energy group Repsol signed a memorandum of understanding (MOU) May 4 to advance the supply of sustainable aviation fuel (SAF) at Ryanair airports across Spain and Portugal, furthering the airline’s “Pathway to Net Zero” strategy.

While SAF is a key enabler of aviation decarbonization, it only accounts for a small fraction of the current jet-fuel usage worldwide.

This agreement with Repsol gives Ryanair access to up to 52 million gallons of SAF between 2025 and 2030, saving approximately 490,000 metric tons in CO2 emissions.

This volume of potential SAF supply is equivalent to more than 28,000 flights from Dublin, Ireland, to Madrid, Spain.

Ryanair has set itself an ambitious goal of using 12.5 percent SAF by 2030 and net-zero emissions by 2050.

The airline said this agreement demonstrates both Ryanair and Repsol’s commitment to working together and investing in SAF supply.

“SAF plays a key role in Ryanair’s Pathway to Net Zero strategy and our goal of using 12.5 percent SAF by 2030,” said Ryanair CEO Eddie Wilson at Repsol’s headquarters in Madrid.

“Achieving this requires multiple different feedstocks and production methods and we’re encouraged that Repsol is looking at multiple solutions,” Wilson continued. “This agreement helps Ryanair secure access to approximately 15 percent of this ambitious goal. Repsol is a key sustainability partner for Ryanair, and we look forward to building on this collaboration as our group grows to carry 225 million passengers annually by 2026.”Ineratec, Zenith Energy Terminals to Develop Commercial-Scale Efuels Plant in Port of Amsterdam

Strengthening the Dutch-German efforts striving for a sustainable energy supply, Ineratec and Zenith Energy Terminals sign an MOU to build up eFuels production capacity in the Port of Amsterdam. (Photo: Ineratec)

Ineratec announced May 4 that it has signed a memorandum of understanding with Zenith Energy Terminals to build a power-to-liquid (PtL) plant in the Port of Amsterdam.

The signing took place during a delegation trip to the Netherlands with the minister of economy with the German state of Baden-Wuerttemberg.

The PtL plant is planned to produce up to 35,000 metric tons of eFuels per year from locally generated and imported green hydrogen and up to 100,000 tons per year of CO2, which will be captured from Dutch industry and used as a key feedstock to the Ineratec process.

The sustainable eFuels that Ineratec will produce in Amsterdam will contribute to the Dutch goal of achieving a circular economy and reducing greenhouse-gas emissions.

Ineratec plans to produce and refine eFuels including sustainable kerosene, clean diesel and CO2-neutral gasoline, delivered directly to offtakers active in shipping, aviation and road transportation as early as 2027.

The Port of Amsterdam, with its strategic location in Europe, was chosen as the preferred site for the plant, given its geographic positioning and access to key infrastructure.

The Port of Amsterdam has placed strategic emphasis on promoting responsible operations and circular economy principles, to further bolster its standing as a sustainable-energy port.

Backed by such efforts, the Port of Amsterdam provides the perfect setting for an innovative plant installation.

“This project is another step towards achieving our shared goal of creating a more sustainable future,” said Philipp Engelkamp, chief commercial officer of Ineratec. “The combination of our competence will enable us to produce eFuels on a large scale and make a significant contribution to reducing CO2 emissions—not only at the production site, but worldwide.”

Jeff Armstrong, CEO of Zenith Energy Terminals, added, “We are delighted to be working with Ineratec, providing them a springboard for their eFuels production. Zenith Energy’s Amsterdam Terminal is a perfect partner and we are pleased to offer Ineratec access to experienced energy-handling operations, strong supply chains and key logistics.”

Koen Overtoom, CEO of the Port of Amsterdam, said, “Port of Amsterdam is very pleased with the plans presented by Zenith Energy Terminals and Ineratec. This development aligns closely with our strategic ambitions and underlines the strong competitive position of the Port of Amsterdam as a sustainable-fuels hub. Zenith and Ineratec are in the vanguard of development and we are keen to support such initiatives.”Valero Marin, Repsol’s executive managing director of clients, added, “This collaboration agreement with Ryanair, Europe’s leading passenger airline, reinforces our commitment to the aviation sector and it is another step in Repsol’s commitment to renewable fuels. The aviation sector needs solutions such as SAF fuels to support the decarbonization process it is currently undergoing. This also consolidates our position as a multi-energy company with the objective of achieving zero net emissions by 2050.”

Keywords

SAF

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