In Ireland, a feasibility study into the production of SAF in Ireland produced by SkyNRG and SFS Ireland, in a partnership supported by Avolon, Boeing and ORIX Aviation revealed that the country has the potential to develop a sustainable aviation fuel industry generating revenue of $2.69 billion by 2050 and providing up to 1,000 high-skilled jobs.
The study – Ireland’s Sustainable Aviation Fuel Opportunity – was launched by the Minister for Enterprise, Trade and Employment, Simon Coveney and looks at the key role SAF will play in helping the aviation industry achieve its net zero goal by 2050.
The research finds that the biggest opportunity for Ireland lies in Power to Liquid (PtL) production of eSAF, a synthetic fuel produced by combining green hydrogen (extracted through electrolysis from water using renewable energy) with biogenic CO2.
“This research presented today shows that there are clear future economic benefits from the green economy, which can create new jobs and exciting new business ventures. We look forward to engaging further with industry to explore Ireland’s Sustainable Aviation Fuel (SAF) potential,” said Ireland’s Minister for Enterprise, Trade and Employment, Simon Coveney.
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