Category: SAF

APAC SAF market to reach $1.95 billion by 2029, study finds

APAC SAF market to reach $1.95 billion by 2029, study finds

September 13, 2023 |

In India, Data Bridge Market Research reported that the sustainable aviation fuel market in Asia Pacific is expected to reach a value of $1.95 billion by 2029, The market is expected to grow at a CAGR of 42.1% during the 2022-2029 period. “China dominates the Asia-Pacific sustainable aviation fuel market. The demand in this region […]

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Cepsa inks SAF deal with Air Europa

Cepsa inks SAF deal with Air Europa

August 30, 2023 |

In Spain, Cepsa and Air Europa have sealed an alliance whereby the energy company will supply 14.4 tons of sustainable aviation fuel to the airline for one year to cover the first monthly Madrid-Havana flight. This is the first time that two companies in Spain have established a regular supply of this sustainable fuel for […]

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Lenovo unveils reduced carbon transport service for enterprise customers

Lenovo unveils reduced carbon transport service for enterprise customers

August 30, 2023 |

In North Carolina, Lenovo is offering a Reduced Carbon Transport Service to give enterprises the option to lower their carbon impact when IT devices are air shipped. Through Reduced Carbon Transport Service, customers can purchase SAF and attribute the resulting emissions reduction benefit to their IT purchase, achieving a minimum of 70% CO2 emissions reduction. […]

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EU infrastructure fund eyes potential SAF projects in Africa

EU infrastructure fund eyes potential SAF projects in Africa

August 30, 2023 |

In South Africa, Reuters reported that the European Union is looking to back clean jet fuel projects in Africa under its Global Gateway infrastructure fund. The fund has already backed renewable plants, green hydrogen initiatives, vaccines and education projects in Africa, and now it was looking into sustainable aviation fuel, an UE official said. “In […]

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Minnesota ag commissioner urges adoption of GREET for SAF tax credit

Minnesota ag commissioner urges adoption of GREET for SAF tax credit

August 30, 2023 |

In North Dakota, Biomass Magazine reported that Minnesota Department of Agriculture Commissioner Thom Petersen is encouraging the federal government to allow the U.S. Department of Energy’s GREET model to be used to calculate greenhouse gas (GHG) reductions for the purposes of the sustainable aviation fuel tax credit. The SAF tax credit, created by the Inflation […]

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Salesforce and partners back new challenge to accelerate sustainable aviation

Salesforce and partners back new challenge to accelerate sustainable aviation

August 30, 2023 |

In California, Salesforce said that together with Airbus, Breakthrough Energy, Boom Supersonic, Deloitte, Eni, JetBlue Ventures, Qantas Airways Limited, and World Energy, launched a call for ecopreneurs to submit innovative solutions to support the decarbonization of the aviation sector. This initiative is a collaboration between the First Movers Coalition (FMC) and UpLink to scale and […]

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UKPIA changes name to reflect move towards more sustainable fuels, including SAF

UKPIA changes name to reflect move towards more sustainable fuels, including SAF

August 30, 2023 |

In the UK, Fuels Industry UK, previously known as the United Kingdom Petroleum Industry Association (UKPIA), said it changed its name to reflect its members’ ambition to manufacture and supply the biofuels, low carbon hydrogen and other low carbon fuels needed to meet the UK’s ambitious net zero targets. Fuels Industry UK CEO Elizabeth de […]

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Global SAF market to reach value of $131.1 billion by 2033, report finds

Global SAF market to reach value of $131.1 billion by 2033, report finds

August 30, 2023 |

In Ireland, Research and Markets reported that the global SAF market is forecasted to reach a value of $131.12 billion by 2033, up from $1.29 billion in 2023. “This meteoric rise is fueled by a staggering compound annual growth rate (CAGR) of 58.78%, spotlighting the industry’s dedication to curbing greenhouse gas emissions and combating aviation’s […]

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Idemitsu Kosan and Lops Corporation agree to conduct joint studies on the procurement of SAF feedstock

Idemitsu Kosan and Lops Corporation agree to conduct joint studies on the procurement of SAF feedstock

August 30, 2023 |

In Japan, Idemitsu Kosan and LOPS Corporation have agreed to conduct joint studies on the procurement of sustainable aviation fuel feedstock. The two companies aim to establish a system to stably procure SAF feedstocks such as used cooking oil from various parts of Japan by the late 2020s. Through this agreement, the two companies will […]

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Raizen says it is ready to meet ethanol demand for SAF production

Raizen says it is ready to meet ethanol demand for SAF production

August 23, 2023 |

In Brazil, Forbes reported that Brazilian firm Raizen is ready to meet ethanol demand for SAF production. The announcement was made after the confirmation that the firm obtained the ISCC Corsia Plus certification, which places the company as the only producer in the world to have certified ethanol for the production of SAF. “Obtaining certification […]

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