00:00Hoy, el avión de la Europa es de $6.6 bilhões de dólares.
00:04En $2.5 bilhões de dólares, el avión de la Europa es de 0.5 bilhões de dólares.
00:08Estamos como la industria de la industria, tenemos el mejor en el mundo.
00:17Hola y bienvenido a La Big Question,
00:20la serie de Euronews donde estamos en el mundo de la vida.
00:25Y hoy soy el CEO de Ecoseres, Mati Livonnan.
00:31Es un placer estar con nosotros en el show.
00:34Gracias por vernos.
00:36Great estar aquí.
00:37Primero, Mati, comienza con los basics.
00:39¿Qué te explica a nosotros exactamente lo que Ecoseres hace?
00:43So, estamos produciendo combustible fuel,
00:45sustentable aviación, combustible diesel para transporte,
00:50y la industria de la industria de la industria de la industria de la industria de la industria de la
00:52industria de la industria.
00:53Y si, estamos muy orgullosos porque hemos desarrollado toda la tecnología.
00:58Chair que vários producen, también somos una compañía de la industria de la industria de la tecnología.
01:01En sencillo, entonces, para nuestro audiencia, Mati,
01:04¿cómozeptan los gastos interp articulados?
01:07Estamos mattando 100% gastos, no adipo gastos,ически
01:11caros del gastos ultra Bestia de la industria de la industria de la industria de la industria de la industria?
01:14El proceso es el mismo que en el foscilio, pero en vez de foscilio,
01:19usamos bioresiduos como el vaso, el agua, el agua, el agua, el animal, el pecado, el pecado.
01:29Entonces, desarrollamos nosotros como el catálico, que está tomando las impuridades.
01:34Tenemos un tratamiento pre-treatmento, porque no es el único tratamiento.
01:37Hay muchas diferentes tratamientos, muy duras tratamientos.
01:41Tenemos esta pre-treatmento tecnología, todas esas cosas juntos nos hacen muy especiales.
01:47También tenemos un salón, cuánto podemos producir de los SAF.
01:52Y hoy tenemos, deberíamos decir que tenemos lo mejor en el mundo.
01:55Es un 85% salón.
01:57Se usa el uso de cocina y obtiene un 85% de sistema de avión de combustible.
02:01Este es realmente el salón de la tecnología.
02:04Se llama HIFA-técnología.
02:06Entonces, somos como el disruptor de la industria.
02:08¿Qué viene con la tecnología y el resultado?
02:11La industria.
02:17Si nos comparamos lo que estás haciendo con el gas trasminario, ¿cómo es el desembol de combustible?
02:23¿Cómo se puede darles un ejemplo de cuánto la gas másратa?
02:25Si tomas el gas trasminario, eso es de carbono.
02:28Tu liberes el carbono cuando produzas y lo cobran en el engine.
02:32En nuestro caso, tenemos el biomass que está allí.
02:35So it will save like up to 90% of greenhouse gas emission.
02:40And that's a big thing, 90%.
02:43So compared to normal jet fuel is burning and releasing, you know, the carbon to the emission.
02:48And at the moment, Mati, what's your current production capacity?
02:52Today we are producing like 770,000 tonnes per year.
02:56It's quite significant.
02:57I think that we are second biggest in the world today.
03:00But we are a very young company also.
03:02So we call us as a startup.
03:05But if you think about the one flight from London to New York, there is the emissions are like 60
03:11tonnes.
03:13So if you multiply that, so it's a tens of a thousand flight if you have a 10%, 20%
03:18of renewable fuels.
03:20And the cost, Mati, how does it compare to traditional jet fuel today?
03:25Obviously, the costs are higher because we are not using crude oil.
03:30We are using the waste oils and waste oil are much, much more expensive.
03:33Before this crisis, crude oil was 60, now it's over 100.
03:38Yes.
03:38It means that also the jet fuel was like $750.
03:42And now it's $1,500.
03:45So it's a double.
03:46The renewable fuels, like a system of aviation fuel, it has increased from this same period like 30%.
03:55So much less.
03:56When it was earlier, probably 2.53 times more expensive.
04:01Now it's 1.5 times more expensive.
04:03And to passengers, when more airlines adopt this, what would be passed down then to consumers on the cost of
04:11the tickets and the airfares?
04:12Would it be substantially different?
04:14I think that it's not so huge.
04:16So if you think about, you know, flying from Hong Kong to London, there is like a 10% SAF.
04:23I think that the ticket cost is $50 higher.
04:27And if you think, but $50, is that much or not?
04:30It's probably not.
04:31And I think that we should all, as individuals, we should take the responsibility also for that.
04:37Because if I ask airlines that what is your biggest risk, they all say that it's climate change.
04:43It's not today.
04:45But when there is more hazardous weather and other, so people are not traveling.
04:51So I think that it's a common call that what we should decarbonize to aviation, but also to other transport.
04:57So it's really the climate change question.
05:00But also it's the security of supply.
05:03Now we see that.
05:04And given at the moment geopolitical uncertainty, volatility, particularly in the oil markets,
05:10have you seen increased interest in your company and the sustainable aviation fuel as a result of what's happening?
05:18We have seen that there is a interest, of course, and it's mandated and we are so-called fully booked.
05:26We have seen also the interest of renewable diesel, for example, in Australia.
05:31Because Australia is very dependent on Middle Eastern supplies.
05:36So very strong interest of our renewable diesel, for example, from Australia.
05:41And you're a Hong Kong-based company, Matti.
05:44Are you looking to expand more into Europe?
05:46Europe is important for us, not only because there is a mandate,
05:49but there is also the mindset of people and the EU and the countries that we need to decarbonize.
05:57And I think that it will be the competitive edge to Europeans.
06:02And we are looking actively.
06:04So could we have, you know, the production facilities in Europe?
06:07But as you know, there are certain things that the European Union should also think about.
06:12How you could speed up, you know, the permitting things and other.
06:16And it's not only our industry, it's all industries, what I'm worried about.
06:19Yes, permitting is certainly one of those challenges.
06:23And finally, Matti, what does aviation contribute to the EU economy?
06:28And how important is it to protect that while making it more sustainable?
06:332025, the total addressable market was for these two products,
06:39just in aviation full and the renewable diesel was like 35 billion US dollar.
06:442030, it will be 107 billion.
06:47So growth per year is huge.
06:50That's why we are there, because we have a good technology.
06:53We will help United Airlines to decarbonize.
06:56Because IATA also, their target is 2050.
07:00There will be zero-neutral aviation.
07:03Today, European aviation market is like 56 billion US dollar.
07:082030, it's over 100 billion.
07:10So there is a huge growth also.
07:11The growth coming that there is more passenger,
07:13not only in Europe, from Europe to somewhere.
07:16And I think that airlines should also understand that, as I mentioned, climate change is important.
07:21People are very conscious today how they spend their money.
07:24Do they feel that it's good for the climate and, of course, for the economy?
07:29Together, we can work to make it more cleaner, decarbonize.
07:33And that's what EcoShare is doing, working together with the airlines, with the EU, with other countries,
07:40to make it more affordable and the best way to decarbonize.
07:43Matti, thank you very much for sharing your insights and joining us on the show.
07:47It's been an absolute pleasure.
07:49Thank you.
07:49Thank you very much.
07:50Thank you.
07:51Thank you.
07:52y
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