__________________________________________________________________________________________________ World
Energy companies could legitimately claim emission reductions . That system is called Book & Claim , and it ’ s really a ledger system . With Book & Claim , a customer purchases an amount of decarbonization , which equates to physical gallons of SAF . By paying for the decarbonization work , that customer covers the cost premium of producing SAF and can claim the environmental benefits .
“ Microsoft isn ’ t taking delivery of the fuel . Our plant is near LAX , so the most carbonefficient place to use the fuel is there , or other nearby airports . Book & Claim keeps track of the SAF delivered to the jet fuel supply chain because of their purchase . It doesn ’ t matter which airline pays for the propulsion and puts the SAF into their engines , only Microsoft can claim the emissions reduction because they were responsible for the expansion of supply . They get credit for the decarbonization that comes with that , no matter where it ’ s used . Getting companies like Microsoft onboard helps to promote the fact that our work can help global companies to efficiently meet their carbon reduction goals .”
Driving decarbonization
Testament to the revolutionary potential of SAF , World Energy fueled the world ’ s first transatlantic flight with 100 percent SAF in November 2023 , in partnership with Gulfstream . “ The concept of decoupling not only creates a solid foundation for us but enables the entire aviation industry to get involved with decarbonization and improve the carbon characteristics of every aircraft , anywhere in the world ,” Gene proposes .
Aside from SAF , World Energy is becoming increasingly involved in the area of green hydrogen . “ What we do next is guided by our current activities and the concept of continuous improvement . While finding a way to decarbonize through SAF , we came across another focus , to reduce the carbon intensity of the hydrogen required for the hydroprocessing needed to make SAF .
“ We started looking at how we could reduce the carbon impacts of the hydrogen we used to make SAF . Working with our partners at Air Products , we went on a learning journey together to determine how best to source cleaner hydrogen to create even cleaner SAF ,” Gene reveals . “ Our main feedstock for hydrogen production is our own biogenic gases , which are created as a byproduct of fuel production . We ’ re capturing gases that would normally have been emitted , and then putting them back in the process to make hydrogen .
“ Hydrogen is a natural expansion of the work we ’ re doing in SAF and advanced biofuels as they all depend on hydrogen . We ’ re focused on bringing clean hydrogen to market and taking the necessary action to establish a strong presence within the sector .”
As our conversation draws to a close , talk inevitably turns to World Energy ’ s future . “ It ’ s an interesting topic for us ; it doesn ’ t feel as though we ’ ve done anything substantial yet , but rather spent 25 years honing our ability to derive value and gearing up to what ’ s coming next . By decoupling the two types of work the molecules do , we ’ ll unleash incredible economic power to wider society over the next decade .
“ We ’ ll continue to identify efficient ways to ensure companies across the globe can access our technology and decarbonize their operations , even in the hardest-to-abate sectors ,” Gene concludes . “ We ’ re currently working with companies in Europe , for instance , to create better processes around the import of green hydrogen produced in Canada , which will be used to manufacture clean steel . Overall , our goal remains to provide real traceable value for our customers and drive meaningful decarbonization throughout the global economy .” ■
www . worldenergy . net
energy-oil-gas . com 39