Rely to support Verso Energy in developing 7 eFuels projects worldwide

Photo: Rely

Rely, a joint venture between Technip Energies and John Cockerill, and Verso Energy signed a memorandum of understanding (MOU) March 7, marking what Rely said is a first milestone in partnering with Verso Energy to conduct all pre-FID (final-investment decision) studies for seven eFuels production projects Verso Energy is developing worldwide.

The projects include four in France, two in Finland and one in the U.S. (Georgia).

The pre-FID studies cover basic engineering, pre-FEED (front-end engineering design) and FEED for each of these plants, aiming to develop a standardized platform for methanol-to-jet production to reduce the levelized cost of the molecules through innovation, standardization and replication, Rely stated.

If brought to fruition, these facilities are expected to produce more than 500,000 tons of sustainable aviation fuel (SAF) per year, with up to 90 percent lower lifecycle emissions than conventional jet fuel.

The platform will integrate both Rely’s in-house technologies and those of its partners.

Notably, Rely said it will include the carbon-capture technology Shell CANSOLV™, which is Technip Energies’ exclusive technology for amine-based post-combustion carbon capture.

“The signing of this MOU is a significant step towards an extended partnership with Verso Energy, aiming to drive down the cost of eFuels through first-class technologies and high-level standardization,” said Rely CEO Damien Eyriès.

“This initiative also confirms Rely’s presence in the European Power-to-X solutions market,” Eyriès added. “We are proud to contribute to the decarbonization of the aviation sector through this long-term collaboration with Verso Energy.”

Antoine Huard, CEO of Verso Energy, said, "This collaboration with Rely is a key success driver for our eSAF projects. Rely, leveraging the support of Technip Energies’ top-tier engineering teams, brings unmatched experience in large-scale industrial projects. We will work hand in hand to establish the most advanced standard and achieve the highest level of competitiveness. Together, we will pave the way to meet the 2030 target for eSAF incorporation in the aviation sector and accelerate its decarbonation.”