
Boeing bets on Canadian green jet fuel technologies
Aircraft manufacturing giant Boeing has invested almost $17.5 million with a trio of Canadian sustainable aviation fuel (SAF) pioneers aiming to accelerate development of technologies that could help convert the country’s lumber waste and CO2 emissions into low-carbon jet fuels.
Boeing will invest $10 million in a joint venture between Quebec companies Bioenergie AECN and Alder Renewables to advance a project that will turn sawmill by-products into biocrude for SAF, and $7.5 million in a pilot plant being built in BC by Dimensional Energy that can capture CO2 directly from industrial facility emissions and transforms it into green synthetic fuel.
The volumes of SAF produced by the pilot projects will be relatively small: a total of 50 million gallons a year compared to the almost 100,000 million gallons currently burned annually by passenger airlines, according to Statista, a data portal. But the potential could be “very significant" if stepped-up to commercial levels, said Boeing Canada CEO Al Meinzinger, speaking to Canada’s National Observer.
