GreenAir News’ Post

A SOLUTION PULLED OUT OF THE AIR As the airline industry intensifies its efforts to decarbonise amidst increasing concerns and open doubts about its ability to meet emission reduction targets, a collective of major European players is banking on a solution literally plucked out of the air - captured CO2 converted to sustainable aviation fuel, or e-SAF. With growing demand and competition for scarce biomass feedstocks, CO2 is abundant and there for the taking, though converting it into clean fuel is also eye-wateringly expensive. The partners of Project SkyPower are convinced that, in time, after initial big investments backed by government subsidies, this will be an affordable and effective pathway to lower emissions. But they also say final investment decisions for e-SAF projects must be made by the end of 2025 if targets for lower emissions are to be met. #sustainableaviation #sustainableaviationfuel #decarbonisation #eSAF #ProjectSkyPower #airfranceklm #easyJet #arcadiaefuels #copenhagenairports #skyNRG #velocys #ING #Natixis #Rockton #KGAL #Victor #ReFuelEU #netzeroaviation #netzero2050 #greenairnews

The International Civil Aviation Organization (ICAO) has signed an agreement with the International Renewable Energy Agency (IRENA) to boost financing opportunities for sustainable aviation fuels and other cleaner aviation energy projects, reports Christopher Surgenor for GreenAir News. The Memorandum of Cooperation was signed at the recent #G20 Energy Ministerial meeting in Brazil and will allow the exploration of pathways to operationalise the ICAO Finvest Hub by facilitating the identification of financial resources for scaling up SAF, lower carbon aviation fuels (LCAF) and other cleaner energy solutions. ICAO estimates that around $3.2 trillion in investments will be needed for cleaner aviation fuel production alone if its long-term aspirational goal (LTAG) of net zero emissions from international aviation by 2050 is to be achieved. ICAO is an active participant at the #COP29 climate meeting, which starts today in Baku, with the UN agency’s Council President addressing a side event. #sustainableaviation #sustainableaviationfuel Tony Harrington Mark Pilling Salvatore Sciacchitano Juan Carlos Salazar William Raillant-Clark Chris Lyle Francesco La Camera Michael G. Annie P. Airlines for America Kevin Welsh The World Bank Group International Monetary Fund European Investment Bank (EIB) Dr. Ulrike Ziegler Barry Moss More on this story here: https://lnkd.in/evnY_B32

The International Civil Aviation Organization (ICAO) has signed an agreement with the International Renewable Energy Agency (IRENA) to boost financing opportunities for sustainable aviation fuels and other cleaner aviation energy projects, reports Christopher Surgenor for GreenAir News. The Memorandum of Cooperation was signed at the recent #G20 Energy Ministerial meeting in Brazil and will allow the exploration of pathways to operationalise the ICAO Finvest Hub by facilitating the identification of financial resources for scaling up SAF, lower carbon aviation fuels (LCAF) and other cleaner energy solutions. ICAO estimates that around $3.2 trillion in investments will be needed for cleaner aviation fuel production alone if its long-term aspirational goal (LTAG) of net zero emissions from international aviation by 2050 is to be achieved. ICAO is an active participant at the #COP29 climate meeting, which starts today in Baku, with the UN agency’s Council President addressing a side event. #sustainableaviation #sustainableaviationfuel https://lnkd.in/ekZc3fgz

Aemetis secures $200m under E-5 programme for SAF, renewable projects Aemetis announced that it has secured $200m from US Citizenship and Immigration Services (USCIS) under EB-5 program investment for the Riverbank sustainable aviation fuel (SAF) production plant and other renewable energy projects. “This $200m of funding provides attractive terms at a low interest rate to fund our projects, including the dairy renewable natural gas project and the sustainable aviation fuel plant to meet rapidly increasing global demand for SAF from airlines,” said Eric McAfee, Chairman and CEO, Aemetis. #SAFAviation #SustainableAviationFuel #CleanAviation #ReduceCarbonEmissions #NetZeroAviation #AviationSustainability #DecarbonizeAviation #FutureOfAviation #SustainableTravel Read full below. https://lnkd.in/e4cn4k-q

The International Air Transport Association (IATA) forecasts a significant increase in sustainable aviation fuel (SAF) production, expected to triple to 1.5 million tonnes in 2024, representing 0.24% of total aviation fuel consumption for the year. “SAF will provide about 65% of the mitigation needed for airlines to achieve net zero carbon emissions by 2050. The expected tripling of SAF production in 2024 from 2023 is encouraging. We still have a long way to go, but the direction of exponential increases is starting to come into focus,” said Willie Walsh, Director General of IATA. Walsh also mentioned that SAF production could potentially exceed 51 million tonnes by 2030, with approximately 140 renewable fuel projects capable of producing SAF already announced and spread across regions including Asia, the EU, North America, and Australia. Global governments are actively encouraging SAF production to reduce airline emissions through incentives and mandates. However, Walsh emphasized that while interest in SAF is growing, current concrete plans are insufficient. Governments have set clear expectations for aviation to achieve a 5% CO2 emissions reduction through SAF by 2030 and net zero carbon emissions by 2050, but they need to implement policies ensuring airlines can purchase SAF in the required quantities. IATA has highlighted several policy actions to boost SAF production, such as diversifying feedstocks, adopting co-processing at existing refineries, incentivizing SAF production at renewable fuel sites currently refining renewable/bio diesel, and encouraging investment in SAF production. Walsh noted that incentives to build more renewable energy facilities, strengthen the feedstock supply chain, and allocate a greater portion of renewable fuel output to aviation would help decarbonize the industry. He also urged governments to facilitate technical solutions with accelerated approvals for diverse feedstocks and production methodologies, including co-processing renewable feedstocks in crude oil plants. Read the full article on our blog. #AvfoilNews #SustainableAviationFuel #SAF #IATA #Aviation #GreenAviation #NetZero #WillieWalsh #RenewableEnergy #ClimateAction #AviationFuel #Decarbonization

Greece to unveil domestic SAF plan. Greece’s Ministry of Environment and Energy is set to unveil a plan for domestic Sustainable Aviation Fuel (SAF) production, according to reports. The move is driven by the European Union’s stringent SAF targets, which mandate a specific percentage of SAF to be blended with conventional aviation fuel. To meet these targets, Greece aims to become a domestic producer of SAF. According to reports, Greece’s deputy minister for environment and energy Alexandra Sdoukou, revealed that the ministry has already sought approval from the EU Directorate-General for Competition to secure state financial support for SAF production investments. #sustainableaviationfuel #SAF #cleanaviationfuel #biofuel #renewablejetfuel #aviationemissions #decarbonization #climatechange #sustainability #greenaviation #aviationindustry #airlineindustry #aerospaceindustry #energytransition #lowcarboneconomy #greeneconomy #innovation #technology #researchanddevelopment #partnership Read full below. https://lnkd.in/eiKXY3p5

The ambitious Green Fuels Hamburg project, initially set to produce 10,000 tonnes of Sustainable Aviation Fuel (SAF) by 2026, has been terminated, according to the Hamburg Senate. The consortium behind the project, which included Uniper, Siemens Energy, Airbus, and Sasol EcoFT, announced it would no longer pursue the initiative. Launched in 2022, the project aimed to establish a SAF production plant in Hamburg’s industrial regions of Billbrook and Rothenburgsort, with support from Hamburg University of Technology, the city’s senate, and Hamburg Airport. Emirates had also expressed interest in sourcing PtL-SAF from this venture. The reasons for the project's cancellation have not been disclosed. However, Senate members are concerned about meeting SAF demand as the EU Refuel regulations come into effect on January 1, 2025. Stephan Jersch, environmental policy spokesperson, highlighted the potential shortfall, noting that Hamburg Airport will require approximately 7,000 tonnes of SAF in 2025, with current supply options still undetermined. Read the full article on our blog. #AvfoilNews #SustainableAviationFuel #SAF #GreenFuels #Hamburg #Uniper #SiemensEnergy #Airbus #SasolEcoFT #Emirates #EURefuel #Aviation #EnergyTransition #Sustainability

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

📢 [New Report] The Global SAF Producer Landscape 👉 https://lnkd.in/gaFmnFHn The global SAF project pipeline is extremely strong, with nearly 190 companies announcing their intention to produce sustainable fuels. With national and state level incentives in place, and the SAF Grand Challenge underway, it is no surprise that the USA is leading in announced projects. However, only 18 of those companies are currently producing SAF, and only a few of them are producing at scale, which leaves 170 aspiring producers at varying stages of investment and development. Learn more in the Global SAF Producer and Developer Landscape Report produced by TravelCarbon, and presented by Sustainable Aviation Futures. DOWNLOAD THE REPORT BELOW 👇 https://lnkd.in/gaFmnFHn #saf #sustainableaviation #sustainableaviationfuel #sustainability #sustainablebusiness #sustainabledevelopment #sustainableenergy #aviation #aviationdaily #aviationnews #airlineindustry #airlines #airlinesandairplanes #hydrogen #hydrogentechnology #greenhydrogen #renewableenergy #renewables #cleanenergy #cleanenergytransition #cleanenergyfuture #climatechange #greenenergy #northamerica #usa #canada #congress #networking #events #aircraft #safnoram #netzero #netzerocarbon #airports #airlinenews #houston #decarbonization

The Australian Airports Association (AAA) welcomes today’s Memorandum of Understanding (MOU) between Ampol, GrainCorp and IFM Investors to explore the establishment of an integrated renewable fuels industry in Australia. Initially, the MOU will include a feasibility assessment for a renewable fuels facility in Brisbane, including a supply of local homegrown feedstocks. This is a significant step on the path to net zero and aligns with the AAA’s position to build a domestic Sustainable Aviation Fuel (SAF) industry. With an average jet fuel consumption of 7,700 million litres per year, a major base of supply is needed to support the sector. Last week, we provided feedback to the government’s consultation paper on low carbon liquid fuels, noting there are opportunities for Australia to become a major producer. Airports advocate for a minimum level of SAF to be mandated for use in the aviation industry by 2030, production tax credits and incentivising producers, and prioritising SAF over Renewable Diesel in the short term. You can read our submission here: https://lnkd.in/guXY9fg6 #SustainableAviation #LowCarbonFuels #GreenFuture #AustralianAirports