HAMR Energy announces plans for Australia’s first major methanol-to-jet fuel facility
HAMR Energy announced plans to develop a $700-MM to $800-MM sustainable aviation fuel (SAF) production facility, which will help decarbonize air travel and create hundreds of jobs, after completing a successful feasibility study. The plans are a key part of HAMR Energy's strategy to capitalize on incoming international regulations allowing methanol as a feedstock for producing SAF.
HAMR Energy's SAF production facility will convert 300,000 tpy of low-carbon methanol, made from forestry residues and hydrogen at its Portland Renewable Fuels project, into approximately 125 MMlpy of SAF, enough to decarbonize 3.5 MM economy-class passenger trips between Sydney and Melbourne per year.
HAMR Energy's feasibility study identified refining technology which provides a commercial, scalable pathway to produce SAF from methanol. It went on to assess key project factors, including renewable power costs, market access and construction economics, identifying South Australia and Victoria as ideal locations for the facility.
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