INTERVIEW: Vema targets sub-$6 SAF offtake in 2029 using geological hydrogen, CEO says
Geologic hydrogen produced by stimulating naturally occurring underground reactions rather than electrolysis could deliver sustainable aviation fuel at prices well below the current $6-$8/gallon market range and green methanol competitive with the $1,200-$1,500/metric ton decarbonized methanol market, Pierre Levin, CEO and co-founder of Canada-based Vema Hydrogen, told Platts in an interview. TheGeologic hydrogen produced by stimulating naturally occurring underground reactions rather than electrolysis could deliver sustainable aviation fuel at prices well below the current $6-$8/gallon market range and green methanol competitive with the $1,200-$1,500/metric ton decarbonized methanol market, Pierre Levin, CEO and co-founder of Canada-based Vema Hydrogen, told Platts in an interview. TheRead More