Gevo, Inc. has announced the groundbreaking of its first\ncommercial-scale sustainable aviation fuel (SAF) facility, Net-Zero 1 (NZ1).\nGevo\u2019s management team was joined by government officials, representatives from\npartner companies and customers, business leaders, local farmers, and members\nof the media to ceremoniously break ground.<\/p>\n\n\n\n
The NZ1 project is expected to employ 1,000 people during\nthe construction phase with approximately 90 full-time employees once\noperational. The facility will be constructed on 245 acres, very favorable for\nproducing low-carbon SAF with site preparation beginning now and official\nconstruction expected to begin in 2023.<\/p>\n\n\n\n
\u201cThis is an important milestone that our team has worked\nhard to achieve,\u201d said Dr. Patrick Gruber, Gevo\u2019s Chief Executive Officer.\n\u201cBuilding production facilities like Net-Zero 1 that will use de-fossilized\nenergy, create a business system that rewards sustainability improvements and\nis equitable for all parties in the value chain is important to us. As all the elements\ncome together, from farmers growing sustainable corn feedstock, to renewable\nwind power and renewable natural gas providing electricity and thermal energy\nfor the facility, to the high-value nutrition products, corn oil, and\nsustainable aviation fuel leaving the gate, we expect to see our circular\neconomy in action, increasing the sustainability of every product we make while\nsimultaneously reducing the impact of fossil fuels.\u201d<\/p>\n\n\n\n
\u201cSouth Dakota provides all the elements for success required\nfor our first commercial facility, but we\u2019re actively working to identify and\ndevelop our second site since we have supply offtake agreements that require\nadditional capacity beyond Net-Zero 1,\u201d said Dr. Chris Ryan, President and\nChief Operating Officer \u201cAs we build our production capacity to meet our supply\nobligations, we know these projects also deliver value to local farmers and\ncommunities. We\u2019re excited to move forward and provide that value,\u201d added Dr.\nRyan.<\/p>\n\n\n\n
The associated wind energy project that will provide\nelectricity to the facility is in development. Plans for the site also\nincorporate green hydrogen produced from water and renewable natural gas.\nNet-Zero 1 will show the world that the leading edge of the energy transition\nis in the heartland of America, where farmers and facility technicians come\ntogether with airline customers, investors, and many others to lead the way\nforward.<\/p>\n\n\n\n
This project schedule is expected to allow Gevo to begin\ndelivery of initial volumes of SAF in 2025 to fulfill a portion of existing\nsupply agreements. Net-Zero 1 is expected to produce 55 MGPY of SAF, or 65 MGPY\nof total hydrocarbon volumes.<\/p>\n\n\n\n
In 2023, Gevo expects to close the construction financing\nfor the NZ1 project and begin construction of NZ1.<\/p>\n","protected":false},"excerpt":{"rendered":"
Gevo, Inc. has announced the groundbreaking of its first commercial-scale sustainable aviation fuel (SAF) facility, Net-Zero 1 (NZ1). Gevo\u2019s management team was joined by government officials, representatives from partner companies and customers, business leaders, local farmers, and members of the media to ceremoniously break ground. The NZ1 project is expected to employ 1,000 people during […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[60],"tags":[],"class_list":["post-23466","post","type-post","status-publish","format-standard","hentry","category-south-dakota"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/23466","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/comments?post=23466"}],"version-history":[{"count":1,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/23466\/revisions"}],"predecessor-version":[{"id":23467,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/posts\/23466\/revisions\/23467"}],"wp:attachment":[{"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/media?parent=23466"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/categories?post=23466"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateaviationjournal.com\/index.php\/wp-json\/wp\/v2\/tags?post=23466"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}