A ground-breaking new method of sustainable aviation fuel production
Interchange Recharged
Wood Mackenzie
4.8 • 535 Ratings
🗓️ 12 March 2024
⏱️ 39 minutes
🧾️ Download transcript
Summary
A breakthrough way of producing hydrocarbons, crucial to the aviation industry, could reduce costs and accelerate decarbonisation.
Sustainable aviation fuel (SAF) is a key component in the aviation industry's path to decarbonization, which contributes to only 2% of global carbon emissions but is actively seeking cleaner solutions. Airbus and other aerospace companies are leading the charge, with Airbus integrating over 11 million litres of SAF in its operations in 2023, reducing carbon emissions significantly. The industry aims to increase SAF production to 17.5 billion litres by 2030, supported by initiatives like the IRA.
On this episode of Wood Mackenzie's The Interchange Recharged, we speak with Andrew Symes, founder and CEO of OXCCU. They’re developing a more efficient way of converting CO2 and hydrogen into hydrocarbons, potentially a monumental step towards more scalable and environmentally-friendly fuels.
Despite technological advancements, challenges in financing, regulatory support, and talent acquisition persist. SAF's integration with existing aviation infrastructure without the need for modifications is one key benefit; it could create a smoother transition to greener aviation, with expectations for SAF to achieve cost parity with Jet A fuel (the current standard) as technology and scale improve. The SAF industry enjoys broad support from airlines, governments and regulatory initiatives, who are pushing for increased SAF adoption towards a net-zero future by 2050. The technology behind SAF, and as Andrew explains, the science behind OXCCU, not only promises to revolutionise aviation but also has applications in producing chemicals and plastics, signalling a broader impact on sustainability across various sectors and the goal of a circular economy.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Wood McKenzie's Solar Energy and Storage Summit is back in Denver on the 29th and 30th of April, |
| 0:06.2 | 2026. It's co-located with the brand new North American Power and Renewables Forum, |
| 0:11.9 | which features senior speakers from across the U.S. power sector. Come and join over 450 senior |
| 0:18.2 | leaders from U.S. power developers, utilities, and independent power producers |
| 0:23.3 | to tackle the industry's biggest challenges. From navigating life after tax credits to capturing |
| 0:29.7 | the load growth boom, discover how the energy mix is evolving and how the U.S. is going to meet |
| 0:34.9 | that power demand. Seats are limited, so register now at woodmack.com. |
| 0:40.0 | This is the interchange recharged. I'm David Banmiller. |
| 0:44.0 | We typically focus on the big stories and energy coming out of the U.S., |
| 0:48.0 | but a lot is happening in the Asia-Pacific region. |
| 0:50.7 | As we've seen around the world, fossil fuel demand is increasing |
| 0:54.0 | as countries prioritize energy |
| 0:55.8 | security over decarbonization efforts. The potential is there, however. More than $3 trillion |
| 1:00.9 | is expected to be pumped into renewable power generation over the next decade. How can Asia balance |
| 1:06.9 | energy security with investment into low-carbon technologies? On the 9th of May this year, Wood McKenzie's Energy and Natural Resources Summit returns to Singapore for its sixth year. |
| 1:17.6 | Join experts, speakers, and analysts from renewable utilities, transmission operators, investment entities and technology providers. |
| 1:25.6 | Join the conversation around Asia's renewable future. |
| 1:29.0 | What's needed to bring carbon capture into the mainstream? |
| 1:31.7 | How can the region balance growth with sustainability? |
| 1:34.7 | And how can the huge potential of wind and solar be delivered? |
| 1:37.8 | Visit woodmack.com slash events to find out more and secure your ticket. |
| 1:42.1 | Now, on to the show. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Wood Mackenzie, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Wood Mackenzie and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

