Syntholene Energy Corp has entered into a binding agreement to secure up to 20 megawatts of geothermal energy, sufficient to power a commercial demonstration facility for synthetic sustainable aviation fuel (eSAF) production. This project aims to demonstrate the use of geothermal energy as a source for synthetic fuel production, with the goal of reducing costs and improving the efficiency of energy conversion technologies.
A breakthrough in synthetic fuel production
This agreement marks a significant milestone for Syntholene, which is working to demonstrate the commercial viability of producing synthetic fuels from geothermal resources. The energy provided will power the pilot facility, which will produce synthetic kerosene, an alternative fuel aimed at sustainable aviation. This fuel addresses the growing demand for eco-friendly solutions in the aviation sector.
An innovative hybrid model for more efficient energy production
The facility in question combines both thermal and electrical geothermal energy to power the fuel synthesis process. By using geothermal heat for high-temperature electrolysis, Syntholene aims to improve energy efficiency compared to traditional fossil fuel-based fuel production methods. This approach also allows for maximising the use of excess thermal energy often wasted in traditional geothermal plants.
Potential for commercial expansion with the agreement
The agreement includes an expansion option that allows Syntholene to access an additional 20 megawatts of geothermal energy for large-scale commercial operations. This project could scale up to industrial synthetic fuel production, depending on the success of the demonstration-scale tests. The agreement is contingent upon the technical, financial, and regulatory feasibility of expanding production capacities.
Advantages of geothermal energy for industrial production
Geothermal energy offers several advantages for industries requiring high temperatures, such as synthetic fuel production. This type of energy is stable, carbon-neutral, and can provide consistent thermal power, making it a reliable source for demanding industrial processes. By combining thermal and electrical energy, Syntholene aims to optimise industrial processes by using geothermal energy more efficiently.
