Current:Home > StocksQantas Says Synthetic Fuel Could Power Long Flights by Mid-2030s -AssetLink
Qantas Says Synthetic Fuel Could Power Long Flights by Mid-2030s
View
Date:2025-04-16 05:18:52
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! (7)
Related
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- What to know about Team USA in the FIBA World Cup: Schedule, format, roster and more
- UAW strike vote announced, authorization expected amidst tense negotiations
- Who is Trevian Kutti? Publicist who once worked with Kanye West named as Trump co-defendant in Georgia indictment
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Lily Allen Reveals Her Dad Called the Police When She Lost Her Virginity at Age 12
- Niger coup leaders say they'll prosecute President Bazoum for high treason
- England beats Australia 3-1 to move into Women’s World Cup final against Spain
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Sixth person dies from injuries suffered in Pennsylvania house explosion
Ranking
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- You're not imagining it: Here's why Halloween stuff is out earlier each year.
- What happens when a narcissist becomes a parent? They force their kids into these roles.
- Trump faces a RICO charge in Georgia. What is the Racketeer Influenced and Corrupt Organizations Act?
- See you latte: Starbucks plans to cut 30% of its menu
- Americans are divided along party lines over Trump’s actions in election cases, AP-NORC poll shows
- Have Fun in the Sun With Porsha Williams’ Amazon Summer Essentials
- Target's sales slump for first time in 6 years. Executives blame strong reaction to Pride merch.
Recommendation
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Stock market today: Asia shares decline as faltering Chinese economy sets off global slide
Questions raised about gunfire exchange that killed man, wounded officer
14 more members of Minneapolis gangs are charged in federal violent crime initiative
New data highlights 'achievement gap' for students in the US
Doja Cat Reacts to Mass of Fans Unfollowing Her
Stock market today: Asia shares decline as faltering Chinese economy sets off global slide
Ex-West Virginia coach Bob Huggins enters diversion program after drunken driving arrest