Syntholene Energy Corporation (Syntholene) has signed a binding Letter of Intent securing 20MW of geothermal power in a bid to deploy the world’s first geothermally-powered synthetic sustainable aviation fuel (eSAF) plant module.
The agreement marks a key milestone in the company’s goal of delivering clean synthetic fuels at a lower cost than fossil fuels. Syntholene will combine geothermal heat and electricity to enable breakthrough energy efficiency for high temperature steam electrolysis.
With the process already demonstrated at lab-scale, the energy delivered as a result of the agreement will be used to power a commercial-demonstration-scale geothermal-powered synthetic fuel production facility. The first target fuel output is synthetic kerosene, penned to fill the growing demand for eSAF clean aviation fuel.
The hybrid energy installation represents a global-first, demonstrating the potential of geothermal resources to power scalable and sustainable synthetic hydrocarbon fuel infrastructure with a base-load supply of both heat and electricity. The agreement enables the operation to scale from demonstration to industrial output,
Dan Sutton, CEO of Syntholene, said, “This energy agreement represents the seeds of a transformative moment for synthetic fuel cost and scalability. By integrating proven processes with a dedicated geothermal resource, we aim to deliver high-performance, low-cost and carbon-neutral eSAF that can bankably scale to meet the global demand for clean aviation fuel.”