Senior Executive | C-Level |Global Commodity Trading | Oil & Gas | Project Finance | Asset Optimization | Business Development | Renewable Fuels and Feedstock
By 2045, the industry will need 636 billion liters of Sustainable Aviation Fuel (SAF) to replace all fossil fuels currently in use. The projection is from the International Civil Aviation Organization (ICAO). SAF stands out as the market's main hope for decreasing emissions over the next few decades: by itself, SAF could contribute around 65% of the reduction in emissions needed by aviation to reach net zero CO2, as estimated by the International Air Transport Association (IATA). One of the main reasons is that it does not require adaptation of the engine fuel system currently in use. Currently, SAF accounts for less than 0.1% of all aviation fuels consumed, which places Brazil as a player with unique opportunities in this market. In this context, we are rapidly disrupting the SAF market by leveraging macaúba oil - a highly competitive native plant from Brazil – through a robust renewable fuels project designed to reduce carbon emissions by up to 80%. With Acelen Renewables, Brazil will become the hub of renewable aviation fuel that the world has been waiting for. #energy #renewableenergy #fuels #energytransition #SAF