[Due to the increasing size of the archives, each topic page now contains only the prior 365 days of content. Access to older stories is now solely through the Monthly Archive pages or the site search function.]
United Airlines invests $30M in Fulcrum BioEnergy; renewable jet fuel offtake agreement, potential joint development of production
June 30, 2015
United Airlines made a $30-million equity investment in US-based Fulcrum BioEnergy, Inc., the developer of a process for converting municipal solid waste into low-cost sustainable aviation biofuel. (Earlier post.) The investment is so far the largest single investment by a US airline in alternative fuels.
In addition to the equity investment, United and Fulcrum have entered into an agreement that contemplates the joint development of up to five projects located near United’s hubs expected to have the potential to produce up to 180 million gallons of fuel per year.
Fulcrum Bioenergy awards $200M EPC contract to Abengoa for MSW-to-jet plant
May 07, 2015
Fulcrum BioEnergy has awarded a $200-million fixed-price engineering, procurement and construction (EPC) contract to Abengoa for the construction of Fulcrum’s first municipal solid waste (MSW) to transportation fuels facility, the Sierra BioFuels Plant. The Sierra BioFuels Plant will utilize Fulcrum’s process for converting MSW into renewable syncrude that will then be upgraded to jet fuel. (Earlier post.)
The Fulcrum process begins with the gasification of the organic material in the MSW feedstock to a synthesis gas (syngas) which consists primarily of carbon monoxide, hydrogen and carbon dioxide. This syngas is purified and processed through the Fischer-Tropsch (FT) process to produce a syncrude product which is then upgraded to jet fuel or diesel.
DOE awarding about $16M to four projects for advanced gasification systems; focus on coal
November 06, 2014
The US Department of Energy (DOE) has selected four projects to receive funding for next-generation gasification systems. Awardees will receive approximately $16 million to advance the gasification process, which converts carbon-based materials such as coal into syngas for use as power, chemicals, hydrogen, and transportation fuels.
Gasification plants have the potential for greater power generation efficiency and environmental performance than conventional coal-fired plants, and serve as the basis for integrated gasification combined cycle (IGCC) advanced power generation and co-production plants capable of 90% CO2 capture. The funded research projects will focus on developing technologies that can significantly reduce the cost of producing hydrogen-rich syngas derived from fossil fuels, enabling coal resources to both improve US economic competitiveness and provide global environmental benefits, DOE said.
Cathay Pacific Airways makes strategic equity investment in Fulcrum BioEnergy; MSW to biojet; 375M gallon supply agreement
August 08, 2014
Cathay Pacific Airways has made a strategic equity investment in Fulcrum BioEnergy—a pioneer in the development and commercialization of converting municipal solid waste (MSW) into sustainable aviation fuel (earlier post)—as part of the airline’s biofuel strategy and to help it achieve a target of carbon-neutral growth from 2020. Cathay Pacific, which also has an option for further investment, is the first airline investor in the sustainable biofuel developer.
Cathay Pacific has also negotiated a long-term supply agreement with Fulcrum for an initial 375 million gallons US of sustainable aviation fuel over 10 years (representing on an annual basis approximately 2% of the airline’s current fuel consumption) that meets all the airline’s technical requirements and specifications.