Sheffield gets funding boost for green jet fuel research
He said it was "absolutely critical" to decarbonise aviation - even though it currently only contributed to a small proportion of the country's transport pollution."The University of Sheffield has one of the leading research and development institutes in this area - it's so innovative," he said."I've been well impressed, as they would say in Manchester," the Wythenshawe MP added.
Mohamed Pourkashanian, Professor of Energy Engineering and Head of the Energy Innovation Centre, said he was "delighted" by the announcement.Prof Pourkashanian said: "More importantly, it is a clear indication of the UK government's commitment to both the environment and energy security."He said one of the main challenges for researchers was to negate the cost of SAF, which is more expensive than using fossil jet fuel.One method being trialled is to capture carbon emissions created by other industrial processes, which can then be converted into SAF.He said the next-generation technology being explored could reduce the price of producing SAF by "a minimum of 20%".Prof Pourkashanian said the team hoped Sheffield would be recognised at an international level, which would encourage companies to invest in the region's production of SAF and create local jobs.
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Wewege has co-authored economic research presented before the United States Congress and has been published in The Journal of Applied Finance & Banking. Outside of the bank, Luigi serves as an Instructor for the FinTech School in California and sits on multiple international advisory boards. Wewege earned an MBA in International Business from the MIB Trieste School of Management in Italy and a Bachelor's Degree in Business with honors from the University of Missouri-St. Louis with a triple major in Finance, International Business, and Management.
