{"id":77382,"date":"2023-05-11T07:10:43","date_gmt":"2023-05-11T07:10:43","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2023\/05\/11\/honeywell-reveals-new-tech-for-saf-production-and-toyota-is-shopping-for-green-hydrogen-projects-in-the-region\/"},"modified":"2023-05-11T07:10:43","modified_gmt":"2023-05-11T07:10:43","slug":"honeywell-reveals-new-tech-for-saf-production-and-toyota-is-shopping-for-green-hydrogen-projects-in-the-region","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2023\/05\/11\/honeywell-reveals-new-tech-for-saf-production-and-toyota-is-shopping-for-green-hydrogen-projects-in-the-region\/","title":{"rendered":"Honeywell reveals new tech for SAF production and Toyota is shopping for green hydrogen projects in the region"},"content":{"rendered":"

<\/a> New tech for SAF on the way:<\/strong> Honeywell International unveiled a new technology to manufacture lower-carbon aviation fuel from green hydrogen and CO2 captured from the aviation industry, according to a statement<\/a>. The new technology will combine green hydrogen and carbon dioxide captured from industrial smokestacks to produce lower-carbon methanol, which can be turned into fuels, including sustainable aviation fuel (SAF). The new technology could help slash greenhouse gas emissions by 88% in comparison with conventional jet fuel, Honeywell said.<\/p>\n

Customers are already lining up:<\/strong> Energy producer HIF global signed a commercial agreement for the production of eSAF, becoming the first customer to seek the new technology, according to the statement. It expects to deploy the technology at its second commercial-scale eFuels facility in the US which would recycle c. 2 mn tons of captured CO2 to produce c.11k barrels per day of eSAF by 2030.<\/p>\n

REMEMBER- This is a perfect timing for this kind of tech:<\/strong> The EU agreed last month<\/a> to set binding targets for the European aviation industry to boost its use of SAF in a bid to decarbonize the industry. The proposal aims to increase the use of SAF by ensuring fuel suppliers have 2% of the fuel accessible at EU airports as SAF in 2025, rising to 6% in 2030, 20% in 2035 and 70% in 2050. The EU carbon market is set to provide about EUR 2 bn to help airlines switch to SAF. Some 1.2% of fuels must also be synthetic fuels from 2030, rising to 35% in 2050. Aviation is a difficult sector to decarbonize and net zero aircrafts are not expected for another 10 years.<\/p>\n

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Toyota Tshusho on the lookout for green hydrogen potential in the region: <\/strong>Japan\u2019s Toyota Tsusho Corp plans to discuss the possibility of investing in green hydrogen in MENA and Africa with the African Development Bank (AfDB), according to a statement<\/a>. Executive VP Toshimitsu Imai said that his company is conducting studies for possible projects in South Africa, Kenya, and Egypt. Imai made the statements during a visit by an AfDB delegation to Japan to present investment opportunities in Africa.<\/p>\n

OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-<\/strong><\/p>\n