Alder Fuels has signed an agreement with Enviva, which provides sustainably sourced woody biomass, for a long-term, large-scale supply of woody biomass to commercialise the supply of sustainable aviation fuel (SAF). As per the agreement, Enviva would supply 750,000 metric tons per year, of sustainably sourced woody biomass to Alder’s first Alder Greencrude (AGC) production facility, soon to be under construction in the southeastern United States.
Bryan Sherbacow, Alder Fuels’ President & CEO, said: “Decarbonisation of our entire economy is driving massive demand for the next generation of sustainably sourced renewable fuels. The size of the market for our product is equal to the petroleum market it replaces. With AGC technology, the challenge of meeting this demand is no longer industry willpower or commercial interest; it is having ready access to diverse, highly accredited, and sustainably produced sources of biomass. Today’s announcement brings us one step closer towards achieving that aim while benefiting the communities in which we operate."
Thomas Meth, President of Enviva said: “Abundant sustainable biomass conversion to energy-dense, drop-in liquid fuels is essential to accelerating the current global transition to a low-carbon economy. This joint effort between Enviva and Alder Fuels enables the sourcing of sustainable wood fiber and industry-leading technology to deliver the feedstock flexibility and commercialization of SAF needed to achieve jet fuel decarbonization at scale.”
The supply of sustainably sourced woody biomass feedstock by Enviva is expected to commence in 2024.