EPIC Fuels will supply 2.5 mn gallons of SAF to Boeing sourced from Neste, Avfuel will provide 1.5 mn gallons with EPIC Fuels supplying 3.5 mn gallons in total, while World Fuel Services will provide 1.9 mn gallons from World Energy.
Boeing is making significant strides in sustainability by announcing its largest annual purchase of sustainable aviation fuel (SAF) to date, totaling 9.4 million gallons (35.6 million liters). This initiative is part of Boeing’s commitment to reducing carbon emissions and supporting the growth of the SAF industry globally. The purchased SAF is a blend comprising 30% from waste by-products like fats, oils, and greases, and 70% conventional jet fuel. This blended fuel will be utilized for various Boeing operations, including the Boeing ecoDemonstrator program and U.S. commercial flights throughout 2024. This move marks a substantial increase of over 60% from Boeing’s SAF purchase in the previous year.
Unblended SAF, also known as “neat” SAF, can significantly reduce carbon emissions by up to 85% over its life cycle. This makes SAF a pivotal tool in the aviation industry’s quest to mitigate its climate impact over the coming decades.
“As our focus remains on safety and quality, sustainability continues to be a priority,” said Ryan Faucett, vice president of environmental sustainability, Boeing. “Sustainable aviation fuel is essential to decarbonize aviation. About 20% of our fuel usage is a SAF blend, and we continue to increase our use of this fuel to encourage growth in the SAF industry. We are also working to make SAF more available and affordable to our commercial airline customers through collaboration, investment, research and policy development,” he further added.
Boeing’s purchase of 4 million gallons of blended SAF will be directed to its fuel farms in the Pacific Northwest. EPIC Fuels, a subsidiary of Signature Aviation, will supply 2.5 million gallons sourced from Neste, a leading SAF producer. Additionally, Avfuel will provide 1.5 million gallons of blended SAF from Neste.
Moreover, Boeing is acquiring the CO2 emissions reduction equivalent to 5.4 million gallons of blended SAF through a process called book-and-claim. In this approach, companies purchase SAF certificates to offset conventional jet fuel consumption. Instead of physically storing the fuel in Boeing’s fuel farms, distributors will deliver it to nearby airports for use by airlines and other carriers.
Boeing’s book-and-claim agreements entail EPIC Fuels supplying 3.5 million gallons of blended SAF from Neste, while World Fuel Services, a subsidiary of World Kinect, will provide 1.9 million gallons sourced from World Energy, another prominent SAF producer.
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This substantial SAF purchase by Boeing represents a significant step towards achieving industry-wide sustainability goals. By actively promoting and investing in sustainable aviation fuel, Boeing is demonstrating its commitment to environmental stewardship and driving positive change within the aviation sector.
