Sasol Integrated Report 2022 - Book - Page 55
INTRODUCTION | ABOUT SASOL
STRATEGIC OVERVIEW
DELIVERING
CREATING VALUE
GOVERNANCE AND REWARDS
ADMINISTRATION
SASOL ecoFT AT A GLANCE (CONTINUED)
Building sustainable businesses with our advantaged Fischer-Tropsch (FT) technology (continued)
STRATEGIC FOCUS AREAS (continued)
ver the past two decades CO2 emissions have risen
O
rapidly with almost 2,5% of total global carbon
emissions coming from aviation industry. Significant
research and development is going into exploring
and pursuing technologies to help reduce emissions.
Sasol’s proprietary FT technology has been proven
at scale and can advance decarbonisation. Sasol ecoFT
aims to leverage this technology and focus
on producing SAF.
Sustainable Aviation Fuel solution
SAF is seen as one of the viable large-scale carbon
reduction solutions for the aviation sector and
is positioned to play a critical role in the
decarbonisation of the industry. While only a marginal
part of demand today, SAF could represent up to 50%
of aviation fuels by 2050. SAF consists of a basket of
fuel technologies, one of which is Power-to-Liquids.
PtL fuels offer emissions reductions of up to 99%
compared to fossil jet fuel when using renewable
electricity throughout the production regardless of
the CO2 alternative used. At the same time, this
means that the PtL-route is superior to other
technology pathways in terms of GHG reduction as
hydro-processed esters and fatty acids (HEFA) and
alcohol-to-jet achieve a reduction of only 73 – 94%.
HIGHLIGHTS
▪ Resourced the business appropriately with
the right skills and experience, by appointing a
Sasol ecoFT leadership and supporting team to
focus on business development with an agile
governance framework.
▪ We fundamentally believe that partnerships
will be increasingly important to address global
climate change issues. As we seek to enhance
our competitive position and accelerate our
transition, we will collaborate with both public
and private sectors.
▪ During the year we made various partnership
announcements linking to specific feasibility
studies towards potential SAF PtL projects
within the European Union.
▪ Announced the CARE-O-SENE research project,
whereby Sasol will collaborate with German
and South African research institutes to
commercialise FT catalyst to achieve industryleading kerosene and SAF yields.
We are nurturing an entrepreneurial culture and
mindset to learn outside of the constraints of
our existing businesses.
We are broadening and securing key partnerships with
a focus on closing any capability or value chain gaps.
Building an attractive venture pipeline with long-term
partners is a key priority as we position the integrated
technology offering to produce SAF in selected global
geographies. Our immediate focus is to advance
some of the pre-feasibility opportunities into
demonstration units where we can test the
integrated ecosystem.
Power-to-X (PtX) process
The PtX process relies on the supply of a sustainable carbon feedstock
(biomass or other unavoidable industrial carbon dioxide sources, or carbon directly
captured from air) and the production of green hydrogen through electrolysis using
renewable energy.
Carbon and hydrogen are converted to synthesis gas, a mixture of carbon monoxide and hydrogen,
which in turn is converted to longer-chain hydrocarbons for the production of SAF or other fuels
and chemicals via the FT process.
Gasification
Biomass/Municipal
Solid Waste
Potential value pools
We are also further articulating our go-to-market
and product monetisation offering, where we believe
we could derive significant value pools post-2030
from our equity positions, catalyst sales, technology
licensing and technical services.
Our proven FT processes, having served well for
more than 70 years, are fully compatible with green
feedstocks and can produce sustainable products.
As this is very much sought after in a low-carbon
world our FT technology has great potential. The
potential of green hydrogen is a very exciting area as
it could enable Sasol to achieve significant
decarbonisation in the future. Our inherent
capabilities and strengths translate into numerous
potential roles that Sasol can play in inter alia the
green hydrogen economy. The feedstock flexibility
means it can use green hydrogen and bio-based
carbon or unavoidable captured carbon or direct air
captured CO2 to produce sustainable synthetic fuels
and chemicals. Sasol’s deep experience in producing
synthetic fuels from coal and natural gas in largescale plants is key in this regard.
The global PtX technology solution is a combination of
Power-to-Liquids (PtL) and Power-to-Chemicals (PtC).
PtL is rapidly developing through increasing demand
for SAF and presents a global growth opportunity for
Sasol ecoFT as it is likely to be one of the first and
most attractive applications of FT. Sasol is a leader in
FT technology applications, and therefore we are well
positioned to win in the SAF market, building on our
history of providing differentiated solutions across
the globe at economy scale operations backed by an
extensive technology and research capability.
CARBONMONOXIDE
FT
SYNTHESIS
Reverse Water
Gas Shift
Unavoidable carbon/
Direct Air Capture (DAC)
CARBONMONOXIDE
Jet Fuel (SAF)
Diesel
Naphtha
Electrolysis
Renewable
Energy
HYDRO
CRACKING
SUSTAINABLE
SYNTHETIC
PRODUCTS
HYDROGEN
Chemicals
Looking ahead
Our focus is to progress the various feasibility and pre-feasibility studies with our partners and submit
the necessary funding applications to the relevant funding bodies to ensure effective execution of the
studies and to mature the opportunities to a potential investment decision.
In addition, we are investigating opportunities within low renewable energy cost and carbon-rich
environments to develop large-scale opportunities with strategic partners. Focused partnering efforts
will continue with industry leaders and investors as we expand our partnering construct to strengthen
our technology and project/business growth investment strength.
We are exploring global opportunities to produce low-carbon aviation fuel from lower-carbon-content
fossil fuels as we transition.
SASOL INTEGRATED REPORT 2022
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