Microsoft will invest $50 million to turn alcohol into renewable jet fuel

Microsoft will invest $50 million in LanzaJet to aid create millions of gallons of sustainable aviation fuel (SAF). The funding volition exist used to build LanzaJet's Freedom Pines Fuels plant in Soperton, Georgia. LanzaJet claims that this plant is the earth'southward commencement alcohol-to-jet SAF product plant.

LanzaJet uses sustainable ethanol sources, including solid waste, agricultural residues, and biomass, to create SAF and renewable diesel. Notably, the source material is waste-based and is non made from human nutrient or creature feed.

Construction of the found remains on schedule, despite global supply constraints and labor shortages, according to LanzaJet. The company expects its Freedom Pines Fuels plan to starting time producing 10 meg gallons of SAF and renewable diesel per twelvemonth by 2023.

"With Microsoft'south support, this first institute significantly expands the product of sustainable fuels in the Usa, establishes Georgia every bit a leader in clean tech, and is the foundation for united states as the start alcohol-to-jet sustainable fuels producer, and as a blueprint for the commercial plants we're developing globally," said LanzaJet CEP Jimmy Samartzis.

Microsoft also weighed in on the proclamation. "With this investment, nosotros support LanzaJet in creating new pathways to assistance companies beyond industries reach net-zero carbon through the use of sustainable fuels," said Brandon Middaugh from Microsoft's Climate Innovation Fund.

Microsoft'south investment will allow the company to advance toward the goal of becoming carbon negative by 2030. The move will too provide Microsoft with sustainable diesel fuel for its data centers.

Renewable fuel is relatively scarce in the aviation industry. Less than 0.i% of jet fuel used is renewable, as of 2022, according to the investment bank Jefferies (via Reuters). The Biden assistants has a goal to reach net-zero aviation emissions by 2050. The EU aims to heighten the amount of SAF blended fuel to 63% by 2050.

In September 2022, the Biden administration announced a target of producing 3 billion gallons of SAF per yr by 2030. To assistance reach that figure, LanzaJet prepare a goal of producing 1 billion gallons of SAF by 2030.

LanzaTech, Suncor Energy, Mitsui & Co., British Airways, Trounce, and All Japan Airways have too helped fund LanzaJet.

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