August 11 -- Heliogen, Inc., a provider of AI-enabled concentrated solar energy technology, has announced that it has entered into a letter of intent (LOI) with Dimensional Energy, a sustainable fuels company, to jointly produce sustainable aviation fuel (SAF) at Heliogen’s concentrated solar thermal demonstration facility in Lancaster, California, US. This first-of-its-kind collaboration aims to create a reserve of jet fuel created from sunlight and air to enable the rapid decarbonisation of the aviation industry.
The companies will work to deploy Heliogen’s proprietary, AI-powered HelioHeatTM technology to convert sunlight directly into thermal energy in the form of high-temperature steam and air that will be used to produce green hydrogen for Dimensional Energy’s Reactor platform. The hydrogen will be produced leveraging the previously-announced successful demonstration of Heliogen’s concentrated solar technology. As part of the collaboration between the two companies, the LOI includes a goal of building a fully-integrated ~1 bpd drop-in ready SAF. The parties expect a demonstration project to be the first step to developing a pipeline for approximately 3 million bbl of fuel over the next 10 years.
As previously announced, Dimensional Energy has signed a commercial agreement to supply United Airlines with 300 million gal. of SAF over 20 years.
The airline industry is responsible for nearly 3% of global carbon dioxide (CO2) emissions, while the UN expects airplane emissions of CO2 to triple by 2050. SAF is a direct replacement for conventional jet fuel, and can enable the rapid decarbonisation of the global aviation sector when produced from carbon-free energy sources such as the sun instead of petroleum. The SAF market is projected to grow from US$219 million in 2021 to US$15.7 billion by 2030, expanding at a 60.8% CAGR, according to ResearchandMarkets.com.
“At Heliogen, our mission is to decarbonise industry by delivering advanced renewable energy systems that are more affordable than fossil fuels and we are thrilled to collaborate with Dimensional Energy to advance the decarbonisation of the aviation industry,” said Bill Gross, Founder and CEO, Heliogen. “Dimensional’s flexible thermal utilisation platform is the most scalable and cost-effective solution, and when combined with Heliogen’s transformative concentrated solar technology, this partnership brings us one crucial step closer to a future where we can fly planes on fuel created by sunlight and air – not fossil fuels.”
“This collaboration with Heliogen represents a key development in our vision of a world free from fossil fuel dependency,” said Jason Salfi, Co-Founder and CEO, Dimensional Energy. “Leveraging Heliogen’s breakthrough technology to use sunlight to produce SAF will help demonstrate the potential for a truly carbon-free, more affordable, and drop-in replacement for conventional jet fuel.”