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The sustainable aviation fuel entrepreneurs poised for takeoff

https://www.reuters.com/sustainability/climate-energy/sustainable-aviation-fuel-entrepreneurs-poised-takeoff-2023-06-07/

  • Sustainable aviation fuel (SAF) production reached at least 300 million liters in 2022, a 200% increase from the previous year, according to IATA.

  • However, this is still a small fraction (0.1-0.2%) of the total aviation fuel supply globally, and the industry needs 450 billion liters per year by 2050 to meet its net-zero targets.

  • DHL aims to use 30% SAF for all air transport by 2030 and has signed deals with BP and Neste to provide over 800 million liters of SAF in the next five years.

  • Biofuel refinery capacity is expected to grow by over 400% by 2025, with companies like Neste expanding production and major oil companies entering the SAF market.

  • The main challenge is the availability of feedstock, as SAF is currently produced from bio-based feedstocks like waste oils, but many countries lack a domestic supply or the infrastructure to collect them.

  • Companies are exploring alternative feedstocks such as lignocellulosic raw materials, municipal waste, algae, and camelina oil.

  • LanzaTech has developed a process to produce SAF from any waste stream using gas fermentation technology, which can be implemented globally with different feedstocks.

  • Incentives and tax credits in the United States are driving SAF production, with the Biden administration aiming to scale up production to 3 billion gallons in 2030 and 35 billion gallons in 2050.

  • Optimism exists regarding the ability to meet SAF production targets, and stronger policy support and investment in renewable feedstocks are expected to accelerate progress.



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