In the Netherlands, a report by SkyNRG reported that Europe and the US could have around 120 million tonnes of SAF capacity installed by 2050.
For European markets specifically, SkyNRG’s report concludes that announced mandates for 2030 are likely to be met, albeit with some caveats. Reaching 2050 mandates in Europe would require the deployment of over 150 SAF refineries.
“To meet aspirational goals in the US, more announcements would be needed. Those are likely to come from facilities using corn ethanol and waste materials like agricultural waste, waste biogas or household waste. To reach a domestic SAF production capacity of 77 Mt, the US would have to deploy around 250 SAF refineries by 2050, representing a cumulative investment opportunity of $ 400 billion.
Philippe Lacamp, Chief Executive Officer of SkyNRG said: “With hundreds of additional SAF factories needed, Europe and the United States alone offer ESG investment opportunities of $650 billion by 2050 and even more if we include upstream supply chains and related businesses. This is a very significant market that sustainability-oriented investors will want to play a part in.”
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