UK waste-to-jet fuel project secures £4.9M funding
22 June 2018
Velocys, the renewable fuels company, will help bring jobs and clean growth to the UK through its sustainable aviation fuel from waste project.
Advanced Plasma Power (APP) has been selected by Velocys, as the preferred gasification technology provider to support its project. The project, which has recently secured £4.9m of funding, is being developed with the support of industry partners and the Department for Transport. The jet fuel produced will be used by British Airways.
APP’s Gasplasma process is a clean, modular and scalable advanced waste to energy and fuels technology which delivers high efficiencies whilst minimising visual and environmental impact. The process is an innovative combination of two well-established technologies – gasification and plasma treatment, both of which have decades of proven commercial operation.
Velocys and its partners are currently developing the engineering and business case for the project and it is expected that a final investment decision will be reached in the first half of 2020. Once complete, the fuel produced at the plant would contribute to reducing carbon emissions and improving local air quality around major airports.
Rolf Stein, CEO of Advanced Plasma Power, said:
“We are delighted that our leading gasification technology has been selected for the project and look forward to continuing our work with the development consortium in helping realise this exciting and pioneering project. Our involvement in this and two further fuels projects, in addition to the commercial gas to grid project which will soon enter into operations, all of which are being supported by the Department for Transport, is a real validation of our biofuels strategy.”
David Pummell, CEO of Velocys, said:
“Successful funding of this next development phase further demonstrates the strength of Velocys’ renewable fuels business. The UK has taken another step forward towards becoming a world leader in low carbon aviation. Government funding, recent policy changes and successful completion of the feasibility study have enabled Velocys and its partners to move forward to the next phase and we look forward to working with APP towards realising the UK’s first waste-to-renewable jet fuel plant.”