US and Europe Look to Kick-Start Green Jet Fuel

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.

Government support for sustainable aviation fuel (SAF) is ramping up on both sides of the Atlantic, but policymakers in Brussels and Washington are taking very different routes to help decarbonize air transport. The EU is set to announce its SAF blending mandate on Jul. 14, which is intended to guarantee a certain level of demand. The mandate could require a minimum SAF content of 2% from 2025, rising quickly to 10% by 2030. The US, meanwhile, is working on extending its successful diesel blender's tax credit to SAF in order to boost production. Both policy approaches -- and more -- will be needed, if the aviation industry is to meet its target of at least halving carbon emissions from 2005 levels by 2050. Up to 450 million tons per year of SAF could be needed by 2050, according to forecasts published late last year by the Air Transport Action Group (IOD Nov.12'20). Even the most technologically ambitious scenarios involving hydrogen and electric aircraft on short-haul routes still see SAF demand of at least 235 million tons/yr by 2050, up from barely 175,000 tons/yr currently. Government Financing

Biofuels (incl. SAF)
Wanda Ad #2 (article footer)
Russia's exports of crude oil to India hit a new record in May as its heavily discounted crude undercut competing Mideast Gulf grades.
Mon, Jun 5, 2023
Bilateral discussions over production policy are heating up before Sunday's official Opec-plus ministerial meeting.
Sat, Jun 3, 2023
The US major is keen to develop less carbon-intensive gasoline to complement the ever-increasing decarbonization role that electric vehicles will play.
Fri, Jun 2, 2023