Alder Fuels and Enviva partner to further commercialise large-scale woody biomass
The agreement would make Enviva an exclusive supplier of up to 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. The supply of sustainably sourced woody biomass feedstock by Enviva is expected to commence in 2024, which will meet rigorous sustainability criteria, subject to independent, third-party audits and certifications, the company said.
Backed by Honeywell UOP, United Ventures, AvFuel, Boeing, US Defense Logistics Agency, the US Department of Energy and the National Renewable Energy Laboratory, AGC can be refined using existing infrastructure into low-carbon to carbon-negative SAF that matches petroleum-based equivalents on specification and performance.
Bryan Sherbacow, Alder Fuels’ president & CEO, commented, “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."