Commercial, Commercial, Sourcing Renewables - June 18, 2022
United Airlines Invests in SAF
United and United Airlines Ventures (UAV) announced an investment in sustainable aviation fuels (SAF).
The airline announced a commercial agreement with Dimensional Energy, another step forward to reach United's 100% green net zero commitment by 2050 without the use of carbon offsets.
Under the commercial agreement, United has agreed to purchase at least 300 million gallons of SAF over 20 years from Dimensional. This marks UAV's fourth SAF-related technology investment.
Dimensional Energy's technology converts carbon dioxide and water into usable ingredients for the Fischer-Tropsch process – a nearly 100-year-old proven technology used to produce fuels from coal or methane. The company will be one of the first to use it to produce SAF.
"Sometimes you have to look to the past to solve new problems and we recognize that decarbonizing air travel is going to require combining proven technologies, such as Fischer-Tropsch, with the latest advances in science and engineering," said Michael Leskinen, President of United Airlines Ventures, in a statement. "As we grow our portfolio of companies like Dimensional, we are creating opportunities to scale these early-stage technologies and achieve United's commitment to carbon neutrality by 2050, without the use of traditional carbon offsets."
Dimensional's technology can run on all forms of renewable energy. At the Tucson site, they are using electricity from the Arizona grid, which gets an increasing amount of power from local solar panels. Future plants are slated to use hydro-power, wind-power and rapidly maturing concentrated solar, which utilizes heat from direct sunlight.