"LanzaJet will produce millions of gallons of sustainable aviation fuel this year, just as the Biden administration finalizes rules for lucrative SAF tax credits."
"A new refinery in Georgia is about to churn out millions of gallons of jet fuel — except the fuel will be made not from petroleum but from plants.
On Wednesday, LanzaJet marked the opening of its Freedom Pines Fuels facility, which uses novel technology to convert ethanol into sustainable aviation fuel, or SAF. The $200 million biorefinery is the first in the world to deploy an “alcohol-to-jet” process, one that the company claims can curb greenhouse gas emissions by over 70 percent compared to conventional jet fuel.
The plant “is proof of the energy transition accelerating in real time,” said Jennifer Holmgren, the board chair of LanzaJet, which spun out of the Illinois-based company LanzaTech in 2020.
The ribbon-cutting event drew attendance from U.S. Agriculture Secretary Tom Vilsack and Department of Energy officials, as well as the company’s top financial backers. The Microsoft Climate Innovation Fund invested $50 million and Bill Gates’ Breakthrough Energy awarded a $50 million grant, both in 2022, to support construction of the first-of-a-kind facility."