OMV provides RYANAIR with 500 tonnes Sustainable Aviation Gas in 2023.
OMV, the built-in power, fuels & feedstock and chemical substances & supplies firm headquartered in Vienna, and Ryanair, Europe’s largest airline group , introduced the signing of an offtake settlement to produce 500 metric t of Sustainable Aviation Gas (SAF) at Vienna Airport in 2023.
This types a part of the MoU settlement between the businesses, offering Ryanair with distinctive entry to buy as much as 160,000 metric t of SAF from OMV as much as 2030. This 500 t offtake settlement will save over 1,250 metric t in CO2 emissions (equal to about 100 Ryanair flights from Dublin to Vienna).
For OMV, the settlement represents one other step in direction of elevating the manufacturing of sustainable fuels and chemical feedstock to 1.5 million metric t per 12 months by 2030. OMV is implementing quite a few measures to realize its formidable strategic sustainability objectives, and SAF is a vital contributor to this transformation.
Primarily based on the strategic outlook for the aviation sector, it’s OMV’s ambition to grow to be a regional chief in SAF provide, making use of its advantageous current infrastructure.
At present’s announcement demonstrates Ryanair’s continued dedication in direction of its 12.5% goal for SAF by 2030. Ryanair has already considerably superior these commitments by partnering with Trinity Faculty Dublin to open the Ryanair Sustainable Aviation Analysis Centre.
Moreover, it’s investing USD 22 bn in its ‘Gamechanger’ fleet, which scale back CO2 emissions by 16% much less gasoline; and an further USD 40 bn order of 300 Boeing 737 MAX-10 plane which burn 20% much less gasoline whereas carrying 21% extra passengers.
OMV produces Sustainable Aviation Gas by co-processing sustainable and regional uncooked supplies, particularly used cooking oil, at its Schwechat refinery in Austria. In comparison with typical jet gasoline, Sustainable Aviation Gas contributes to a discount of greenhouse gasoline emissions by greater than 80% over your complete life cycle.
Martijn van Koten, OMV Government Vice President Fuels & Feedstock stated:
We’re constructing a development enterprise for Sustainable Aviation Gas to assist the business’s journey in direction of a extra sustainable future.
“We’re pleased with our partnership with Ryanair that permits each firms to leverage their experience in selling the usage of SAF. This facilitates the transition in direction of the applying of extra sustainable types of power and helps scale back the local weather affect of aviation.”
Steven Fitzgerald, Ryanair’s Head of Sustainability stated:
SAF performs a key position in our Pathway to Web Zero decarbonization technique through which we now have dedicated to rising our use of SAF over the approaching years – a dedication that this take care of OMV will assist transfer additional ahead.
“OMV is a key companion for Ryanair in Austria, Germany and Romania and we sit up for rising this partnership as Europe’s largest airline Group.”
Highights:
- Memorandum of Understanding (MoU) signed final 12 months permits Ryanair to buy as much as 160,000 metric t of SAF from OMV by 2030
- OMV and Ryanair have pledged to actively contribute to scale back CO2 emissions of the aviation sector
OMV provides RYANAIR with 500 tonnes Sustainable Aviation Gas in 2023, October 19, 2023
