SAF Production Expected to Triple in 2024, Urgent Need for Diversification in Aviation Industry.

Sustainable Aviation Fuel Production on Track to Triple by 2024

In recent news, the International Air Transport Association (IATA) has announced that the projected tripling of Sustainable Aviation Fuel (SAF) production in 2024 to 1.9 billion liters (1.5 million tonnes) is on track. This increase would meet 0.53% of aviation’s fuel needs in 2024. To further accelerate SAF use, several policy measures by governments are needed.

Willie Walsh, IATA’s Director General, emphasized the importance of SAF in mitigating carbon emissions for airlines to achieve net-zero by 2050. The expected tripling of SAF production in 2024 is a positive step forward, with around 140 renewable fuel projects expected to be operational by 2030.

Through the International Civil Aviation Organization (ICAO), governments have set a goal to achieve a 5% CO2 emissions reduction for international aviation from SAF by 2030. However, Walsh highlighted that concrete plans are necessary for governments to implement policies ensuring airlines can purchase SAF in required quantities.

To boost SAF production, suggestions include diversifying feedstocks, co-processing, improving output mix at renewable fuel facilities, and boosting investments in renewable fuel production. Walsh stressed the importance of incentives to build renewable energy facilities and strengthen the feedstock supply chain to decarbonize aviation.

Furthermore, an IATA survey revealed strong public support for SAF, with 86% of travelers agreeing that governments should incentivize airlines to use SAF. Additionally, 86% of air passengers believe leading oil corporations should prioritize SAF production.

Overall, the increase in SAF production is a positive development for the aviation industry as it strives towards a more sustainable future. The collaboration between governments, industry, and passengers is crucial to ensure the continued growth of SAF production and achieve the necessary levels for a greener aviation sector.