Current:Home > StocksQantas Says Synthetic Fuel Could Power Long Flights by Mid-2030s -FundConnect
Qantas Says Synthetic Fuel Could Power Long Flights by Mid-2030s
View
Date:2025-04-18 07:42:44
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! (81)
Related
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Numerals ‘2024' arrive in Times Square in preparation for New Year’s Eve
- Slow-moving Pacific storm threatens California with flooding and mudslides
- Mexico’s president predicts full recovery for Acapulco, but resort residents see difficulties
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Hospital that initially treated Irvo Otieno failed to meet care standards, investigation finds
- New York sues SiriusXM, accusing company of making it deliberately hard to cancel subscriptions
- How do people in Colorado feel about Trump being booted from ballot? Few seem joyful.
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Taylor Swift's Travis Kelce beanie was handmade. Here's the story behind the cozy hat
Ranking
- North Carolina justices rule for restaurants in COVID
- Taylor Swift’s new romance, debt-erasing gifts and the eclipse are among most joyous moments of 2023
- Andrew Haigh on the collapsing times and unhealed wounds of his ghost story ‘All of Us Strangers’
- How do people in Colorado feel about Trump being booted from ballot? Few seem joyful.
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- 10 American detainees released in exchange for Maduro ally in deal with Venezuela
- Lionel Messi's 2024 schedule: Inter Miami in MLS, Argentina in Copa America
- States are trashing troves of masks and protective gear as costly stockpiles expire
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
A passenger hid bullets in a baby diaper at New York’s LaGuardia Airport. TSA officers caught him
The Denver Zoo didn't know who the father of a baby orangutan was. They called in Maury Povich to deliver the paternity test results
ICHCOIN Trading Center: Seizing Early Bull Market Opportunities
Bodycam footage shows high
Your single largest payday may be a 2023 tax filing away. File early to get a refund sooner
Travis Kelce shares details of postgame conversation with Patriots' Bill Belichick
2 West Virginia troopers recovering after trading gunfire with suspect who was killed, police say