Finnish renewable energy firm Neste and global aviation fuel supplier Air BP have agreed to explore opportunities to increase the supply and availability of sustainable aviation fuel for airline customers.
The partnership aims to use Neste’s expertise and manufacturing solutions for producing and blending renewable jet fuel with Air BP’s customer network and knowledge in developing effective supply chains.
Both companies will cooperate on certification and product quality assurance capabilities for renewable jet fuel.
Under the agreement, Neste and Air BP will work to roll out a co-branded sustainable aviation fuel to market at airports across Air BP’s global network.
Neste renewable products executive vice-president Kaisa Hietala said: “Working together, we can find the best ways of developing robust supply chains to ensure that renewable jet fuel is more widely accessible.
“We expect our collaboration will not only be able to provide a solution to better matching supply to increased demand for renewable jet fuel, but also delivers distinct advantages to airlines by significantly decreasing their environmental footprint.”
Sustainable aviation fuel is produced by mixing conventional fossil-based kerosene with renewable hydrocarbons produced from recycled cooking oil. It can be used in aircraft without the need for any technical modifications.
Aircraft running on sustainable aviation fuel help cut crude oil consumption and emit lower carbon compared to conventional jet fuel.
Air BP CEO Jon Platt: “The aviation industry’s carbon reduction targets can only be achieved with support from across the entire supply chain and, by bringing our experience and expertise together, we are looking to drive change by promoting and securing the supply of sustainable aviation fuel.”
The aviation industry aims to lower greenhouse gas emissions from air transportation, including carbon-neutral growth from 2020 and beyond, as well as a 50% cut in net aviation carbon emissions by 2050.
Air BP has delivered BP biojet to ten airports in Nordic countries since 2014, including Oslo Airport.