Meeting the Growing Demand for Sustainable Fuels at Low Cost
Methanol produced using renewable energy is in demand for industrial processes and is the shipping industry’s choice to replace fossil fuels and achieve ambitious decarbonisation targets.
SASF combines world-leading Australian technology, offering a pathway to produce renewable methanol 30-40% cheaper than other renewable-powered solutions.
The International Maritime Organization (IMO) pledged to reach net zero by 2050. The global shipping industry also set a goal of ensuring that zero- or near-zero emission fuels make up 5% to 10% of all shipping fuels by 2030.
The aviation industry has similar ambitions, with The International Air Transport Association (IATA) and its members committing to net zero by 2050. To achieve this, the industry needs sustainable fuels to power future flights.
Secure, Sustainable Fuels for Australia and the World
SASF is being developed to meet this growing demand and give domestic industry access to locally made sustainable fuel, replacing imported fossil fuel and improving fuel security. The technology deployed at SASF has the potential to produce green fuels including renewable diesel, methanol, and Sustainable Aviation Fuel at scale.
SASF complements biofuels, which are widely used as a low emission fuel source but have limited feedstock.
Economic and Export Opportunities
The project will create highly skilled, local jobs and will support Australia’s ambition to become a clean energy superpower, using renewables to produce sustainable fuel.
These fuels present a huge export opportunity for Australia, which SASF will tap into, aiming to scale and develop more projects to supply global hubs such as Singapore.
An existing and rapidly growing market for green hydrogen
As the hydrogen market matures, sustainable fuels are a real-world application for existing and growing demand. SASF can be a catalyst for a green hydrogen economy, helping hard-to-abate industries decarbonise by providing them with sustainable fuels they need now and into the future.
