British Airways confirms long-term biojet offtake agreement
British Airways has officially committed to purchase fuel produced at GreenSky London, a commercial-scale waste-to-biojet fuel, bionaptha and renewable power plant under development in east London by U.S.-based Solena Fuels Corp.
According to the purchase agreement, British Airways will buy fuel produced at the plant for the next 10 years, equating to an approximate $500 million investment. Expected annual outputs include 16 million gallons of biojet fuel, 9 million gallons of bionaptha and up to 40 MW of power.
Technologies deployed at the facility, which has been in the works for nearly two years, include Solena’s high-temperature gasification and Oxford Catalyst’s/Velocys’ Fisher-Tropsch reactors and catalyst.
Fluor is the project engineer, and a recent update provided by British Airways reported that the company has already begun the front-end engineering and design process. Additionally, GreenSky London has signed an exclusive option on a site for the facility, and consent work for the site has begun, according to British Airways.
More than 150 jobs will be created to operate the facility, as well as an estimated 1,000 construction positions.
The partners aim to have the plant operational by 2015.
Robert Do, President and CEO of Solena, said the offtake agreement represents the largest advanced biofuel commitment ever made by an airline.
British Airways has a goal to reduce its net carbon emissions 50 percent by 2050.