Current:Home > MarketsQantas Says Synthetic Fuel Could Power Long Flights by Mid-2030s -SummitInvest
Qantas Says Synthetic Fuel Could Power Long Flights by Mid-2030s
View
Date:2025-04-15 23:27:38
Synthetic fuel could start replacing traditional petroleum and plant-based biofuels by as early as the mid-2030s, helping to decarbonize long-distance air travel, Australian airline Qantas has said.
The Sydney-based group said so-called power-to-liquid technology—which manufactures synthetic hydrocarbon fuel by extracting carbon from the air and hydrogen from water via renewable energy before mixing them together—could prove the “nirvana” of sustainable aviation fuel.
This is because it would not compete with food production as crop-based biofuel does by taking up valuable arable land. Chief sustainability officer Andrew Parker said hydrogen- and battery-powered planes may be suitable for very short flights but would not have the range to replace traditional aircraft on longer routes, posing a challenge for airlines traveling to and from countries such as Australia.
“We don’t see that, based on existing technology, you will be on a Sydney to London Qantas plane with a hydrogen fuel cell or battery cell,” he said. “Hydrogen-powered aircraft will not have range capability. These will be short-haul aircraft.”
Qantas last week announced an order of 12 long-haul Airbus A350-1000 aircraft that will carry passengers nonstop from London to Sydney, one of the longest direct routes in the world.
The announcement caused consternation among climate groups over how the order would be consistent with the airline’s plan to reach net zero emissions by 2050. Parker said sustainable aviation fuel was the most realistic path to net zero because it could be used to power conventional jet aircraft, including the new A350-1000s.
This fuel would initially come from biofuels made from waste cooking oils, waste plant or crop material or even tallow from abattoirs. But he added that power-to-liquid fuel could begin replacing fossil fuel-based aviation fuel and biofuel by the mid-2030s.
“To get that reaction, which outside of splitting the atom is incredibly energy-intensive, you need a lot of energy. And that’s why to synthesize these fuels, you need renewable energy,” said Parker.
He added that Australia was an ideal place to produce synthetic aviation fuel because of its high-quality wind and solar resources and large amounts of empty space on which to build wind and solar farms.
Synthetic aviation fuel is an increasing focus for global investors. Shemara Wikramanayake, chief executive of Macquarie Group, has included it among the emerging green technologies that the investment bank and asset manager is examining.
Qantas was the second airline in the world to adopt a net zero target after British Airways. It has committed to invest $35 million in research and development into sustainable aviation fuel and has this year signed deals with oil supermajor BP and U.S. renewable energy group Aemetis to buy blended sustainable aviation fuel in the U.K. and California.
Sustainable aviation fuel accounted for just 0.1 percent of total aviation fuel in 2019, according to management consultancy McKinsey, which also found production costs for sustainable fuel were double those of the fossil fuel equivalent. Aviation accounted for roughly 2.4 percent of global carbon emissions in 2019.
This story originally appeared in the May 16, 2022 edition of The Financial Times
Copyright The Financial Times Limited 2021
Reprinted with permission.
veryGood! (9)
Related
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Democratic bill with billions in aid for Ukraine and Israel fails to clear first Senate hurdle
- Three North Carolina Marines were found dead in a car with unconnected exhaust pipes, autopsies show
- Divides over trade and Ukraine are in focus as EU and China’s leaders meet in Beijing
- Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
- Best Holiday Gifts For Teachers That Will Score an A+
- Say Anything announces 20th anniversary concert tour for '...Is a Real Boy' album
- Former UK leader Boris Johnson returns for second day of COVID-19 inquiry testimony
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- Massachusetts governor says AI, climate technology and robotics are part of state’s economic future
Ranking
- 'We're reborn!' Gazans express joy at returning home to north
- Meta makes end-to-end encryption a default on Facebook Messenger
- McDonald's plans to add about 10,000 new stores worldwide by 2027; increase use of AI
- Climate activists pour mud and Nesquik on St. Mark’s Basilica in Venice
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- Hopes for a Mercosur-EU trade deal fade yet again as leaders meet in Brazil
- Former Polish President Lech Walesa, 80, says he is better but remains hospitalized with COVID-19
- A nurse’s fatal last visit to patient’s home renews calls for better safety measures
Recommendation
The White House is cracking down on overdraft fees
UN: Russia intensifies attacks on Ukraine’s energy facilities, worsening humanitarian conditions
Powerball winning numbers for December 6 drawing: Jackpot now $468 million
From SZA to the Stone of Scone, the words that help tell the story of 2023 were often mispronounced
Meta donates $1 million to Trump’s inauguration fund
Wisconsin appeals court upholds decisions denying company permit to build golf course near park
National security advisers of US, South Korea and Japan will meet to discuss North Korean threat
Washington Post workers prepare for historic strike amid layoffs and contract negotiations