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Who is partners with BP?

AltAlto is somewhat behind projects developed by Enerkem and Fulcrum, both of which have more money than they know what to with.

VLS are copying the Enerkem/Fulcrum design, hoping that when they come good, Vls will come good. If only it were that simple. As we know, VLS have been unable to attract strategics - they came close with Shell, but they bailed. BA are still around but they’ve just pumped millions into Lanzatech.

VLS should drop this now and focus on delivering reactors to customers instead.

The plant will need to produce fuel that has a certain GHG reduction when compared with the brown stuff. If it does not, then i cannot claim to be SAF and enjoy the policy support under the DFT.

You'll never know the details on how they account for it but clearly, its non starter if it does not meet the requirements.

Sense, I think they'll struggle to hit those dates. They were forecast when Shell (and their PR value) was in the frame. They'll need to on-board somebody else within the next couple of months in order to get close to those dates. In addition, as alluded to by VLS previously, there needs to be a change to policy in order for their plant to be economic.
Those two aspects need to be put to bed first.

There’s no news in that news. Just a regurgitation of old news.
They really need to start telling us something we do t already know. Smacks of desperation.

Power to liquid, whilst technically possible, is extremely energy intensive and requires large quantities of fresh water.
Sounds good on paper, but the commercial realities are somewhat more challenging.

What is the acreage the Billingham site? Anyone know?

sorry for the terrible English. Iphone woes.

It sounds positive Sense, however the reality is that they've been trying to find investors in this project for years - unsuccessfully. The waste wood to fuels market is sound in the US and this is demonstrated by the ability of Red Rock to achieve financial close on their plant. VLS, for some reason, just don't seem to have the ability to attract finance and its look like this trend will continue whilst others on-board more strategics - like Fulcrum managed to do with Essar.

I honestly think the saving grace for VLS will be third party reactor sales and not project development. But given the small potential sales numbers and the obvious might if Shell with their version and BP with theirs, it wont be cash cow.

Gevo are making some good progress, as is Fulcrum and Lanzatech. Less can be said for VLS at the moment. They've gone off the radar.

Well the trend is down so it'll be up to you to judge if now is the right time. Until material progress is seen on this project, i think it will continue to trickle down. Its clear that the Management are not concerned about SP, as they have no skin in the game.
We are now below the pre-xmas spurt level which would suggest further downside.

Those dates don’t add up. March 2022 FID is beyond the rights period of 3 years from Dec 2018.
So by the time FID is here, Rula could decide not to sell, sell to another and VLS are left with nothing?
Or have I got my maths wrong?

There is still opportunity for VLS to move this forward with vigour. The key is getting investors interested and engaged. Fulcrum and Lanzatech are still well behind in terms of planning permission in the UK and this is an advantage for VLS. However, Lnzatech and Fulcrum are about to go commercial in other countries so their UK business is all but guaranteed to be a success one they Planning in the bag.
VLS should concentrate their efforts into selling their technology and leave the project development to the more experienced (and better funded) players.

IVe been reflecting on recent events surrounding SAF. The VLS>Shell departure, BA and Lanzajet, and Essar and Fulcrum.

The recent announcements from Lanzajet and Fulcrum, whilst on the face of it are a disaster for VLS, who once had the entire UK market to themselves, its actually very positive. It demonstrates that the UK market is a good one for such ambitious project endeavors and this should bode well for investor sentiment. That said, VLS need to up their game immediately, otherwise they'll become stale. Its like trying to sell your house on the market and have no buyer interest - eventually it becomes stale and people refocus on the new housing stock that begins to appear. VLS need to clean the house, stage it, and relaunch it with some news to get those buyers interested.

Agreed. A simple company update would help. Timing, latest status, objectives, milestones. It’s not hard.

Send an email to Henrik and their PR dept.
they have an obligation to their investors to keep updated and they are not delivering.
Henricks days are numbered imho.

https://biofuels-news.com/news/heathrow-secures-funding-for-net-zero-aviation-roadmap/

Their release says that plans will be completed by the end of the year, but I don’t think they mean planning permission, probably the planning g associated with getting the project to a point where they can submit. Looking at what they’ve managed to do in the US and now with the backing of ESSAR, I don’t see Planning Permission being a big deal for them, unlike Velocys’s effort.

Thanks Loosely. Seems like an example of the more experienced outfit making more informed choices. It wouldn’t surprise me if the fulcrum plant was up and running before AltAlto.

double post. Apologies.

Hats off to Fulcrum. That’s a shrewd move to build inside an existing refinery. Makes a lot of sense.