Country

United Kingdom

Date

30/11/2012

Entity

British Airways, Solena

Product

FT-WTL

Category

Deployment

Summary

Progress announced for the British Airways and Solena GreenSky London project

Update from British Airways and Solena about their GreenSky London biofuel plant indicates that the project is getting momentum.
GreenSky London has now signed an exclusive option on a site for the facility and consent work for the site has begun. Barclays has been appointed as advisor to explore the optimal funding through export credit agencies and the consortium providing the facility’s key technology functions has also been announced:
  • Solena Fuels Corporation will provide the gasification process and the overall Integrated Biomass to Liquid;
  • Oxford Catalysts Group/Velocys will supply the Fisher-Tropsch (FT) reactors and catalyst;
  • Fluor provides the engineering and design.
In addition, British Airways has confirmed its commitment to purchasing, at “market competitive” prices, the anticipated 50,000 tonnes of jet fuel produced annually by the GreenSky plant for the next 10 years, which equates to around $500 million at today’s price for conventional jet kerosene.
 
GreenSky London is a flagship project that will see the construction of a state of the art facility that will annually convert approximately 500,000 tonnes of waste normally destined for landfill into 50,000 tonnes of sustainable low carbon jet fuel, 50,000 tonnes of biodiesel, bionaphtha and renewable power.
 

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Created at 15/01/2013 10:43 AM by System Account
Last modified at 12/02/2013 8:04 PM by NOVELLI, Philippe