Jet fuel produced from Honeywell’s ethanol-to-jet fuel process can reduce greenhouse gas emissions by 80% on a total lifecycle basis, compared to petroleum-based jet fuel, the company said as it announced the new processing technology.
A future with fewer gas-powered cars and SUVs and a push for cleaning up greenhouse gas emissions from all modes of transportation is behind a fresh use for ethanol — converting this plant-based fossil-fuel alternative to create sustainable aviation fuel .
The new formula will convert corn-based C00, +2.31%, cellulosic, or sugar-based ethanol into SAF. And depending on the type of ethanol feedstock used, jet fuel produced from Honeywell’s ETJ process can reduce greenhouse gas emissions by 80% on a total lifecycle basis, compared to petroleum-based jet fuel, it says.
“Honeywell’s ethanol to jet process, when used as a standalone or when coupled with Honeywell carbon capture technology, provides a pathway to lower carbon-intensity SAF,” said Barry Glickman, vice president and general manager, Honeywell Sustainable Technology Solutions. Retrofitting could help push the oil and gas industry itself deeper into the market for fossil-fuel alternatives, where many big names CVX, -1.48% BP, -1.42% in the oil patch have already diversified. For instance, petroleum refiners and transportation fuel producers can also benefit from this ETJ design to convert current or idle facilities into SAF production plants, thereby maximizing use of existing sites for SAF production to meet the growing market demand, Honeywell says.
That challange was further supported in part with provisions in the Inflation Reduction Act, passed this summer. In the IRA, fuel blenders are granted a tax credit between $1.25 and $1.75 per gallon of SAF if they can produce a greater than 50% reduction in GHG emissions running from Jan. 1, 2023 through Dec. 31, 2024. In addition, the law creates a new clean fuels production tax credit between $0.35 and $1.
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