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    Aemetis signs $520M offtake agreement with JetBlue for Sustainable Aviation Fuel

    April 29, 2022
    The fuel is expected to be produced by the Aemetis renewable jet/diesel plant, which is under development on a former U.S. Army Ammunition production plant site in Riverbank, California
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    Aemetis has signed an offtake agreement with JetBlue for 125 million gallons of blended sustainable aviation fuel.

    The SAF will be delivered over the 10-year tenure of the $520 million agreement. The blended SAF supplied will be 40% SAF and 60% Petroleum Jet A.

    The fuel is expected to be produced by the Aemetis renewable jet/diesel plant, which is under development on a former U.S. Army Ammunition production plant site in Riverbank, California.

    Deliveries are expected to begin in 2025. The Aemetis Carbon Zero production plant will be powered by renewable electricity and designed to sequester CO2 using injection wells.

    Aemetis Chairman and CEO Eric McAfee said, “The adoption of sustainable aviation fuel to reduce the environmental impact of aviation is a significant megatrend led by JetBlue and other airlines. Our production of SAF in California is due to the commitment by CARB to the success of the California Low Carbon Fuel Standard, creating new investment and jobs in disadvantaged minority communities in the state while improving the environment worldwide.”

    About the Author

    EnergyTech Staff

    Rod Walton is senior editor for EnergyTech.com. He has spent 14 years covering the energy industry as a newspaper and trade journalist.

    Walton formerly was energy writer and business editor at the Tulsa World. Later, he spent six years covering the electricity power sector for Pennwell and Clarion Events. He joined Endeavor and EnergyTech in November 2021.

    He can be reached at [email protected]. 

    EnergyTech is focused on the mission critical and large-scale energy users and their sustainability and resiliency goals. These include the commercial and industrial sectors, as well as the military, universities, data centers and microgrids.

    Many large-scale energy users such as Fortune 500 companies, and mission-critical users such as military bases, universities, healthcare facilities, public safety and data centers, shifting their energy priorities to reach net-zero carbon goals within the coming decades. These include plans for renewable energy power purchase agreements, but also on-site resiliency projects such as microgrids, combined heat and power, rooftop solar, energy storage, digitalization and building efficiency upgrades.