Japanese consortium selected by NEDO for UCO-to-SAF project funding
A joint proposal to establish a supply-chain model for sustainable aviation fuel (SAF) production from used cooking oil by JGC Holdings Corp., REVO International Inc., Cosmo Oil Co. Ltd., and JGC Japan Corp., a domestic EPC company of the JGC Group, has been selected by Japan’s New Energy and Industrial Technology Development Organization, or NEDO, for funding.
“With the selection of the NEDO project, we plan to receive subsidies from NEDO for the following costs,” the companies said in a joint press release issued Aug. 2. “Business study cost for the start of SAF production and supply, cost of design and construction of SAF production facilities, cost of demonstration operation and utility supply, and study cost of procurement of used cooking oil as raw material.”
The firms said Odakyu Electric Railway Co. Ltd. will participate in the NEDO project as a consignment business partner of JGC Holdings since the railway is experienced in the business of recycling.
“We aim to develop and demonstrate a smart IT system for the collection of used cooking oil,” the companies stated. “In the future, we will further accelerate business development toward the establishment of an SAF supply chain through this NEDO project. We aim to have SAF production facilities up and running and to start supplying SAF by 2025.”