SkyKraft JV awarded 21 million euros to advance eSAF project in Sweden

This article was originally posted on Chemical Engineering Online.

Summary

SkyKraft, a joint venture between SkyNRG and Skellefteå Kraft, has been awarded about €21 million from the Swedish Energy Agency’s Industriklivet initiative to advance its electro–sustainable aviation fuel (eSAF) project in Sweden. The grant is intended to de-risk early-stage development and help move the project toward commercialization alongside longer-term private investment and market demand.

What do you think will most determine the project’s success—access to low-cost renewable power, reliable CO2 feedstock, supportive policy, or strong airline offtake agreements?

SkyKraft (www.skykraft.se), the joint venture between SkyNRG (Amsterdam, the Netherlands; www.skynrg.com) and the Swedish power company Skellefteå Kraft (Skellefteå, Sweden; www.skekraft.se), has been awarded around €21 million. from the Swedish Energy Agency’s Industriklivet Initiative (www.industriklivet.se). While Project SkyKraft is grounded in long-term commercial investment and market demand, early-stage funding remains important in advancing projects toward […]

The post SkyKraft JV awarded 21 million euros to advance eSAF project in Sweden appeared first on Chemical Engineering.

SkyKraft JV awarded 21 million euros to advance eSAF project in Sweden

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