SUSTAINABLE AVIATION FUEL MARKET ANALYSIS

Market News

Global Sustainable Aviation Fuel Market: Key Developments

In October, 2021, with partners like Heathrow Airport, Rotterdam The Hague Airport and Stuttgart Airport already on board, SkyNRG and CHOOOSE are launching a new carbon emission reduction solution called "Fly on SAF". The solution enables airlines and travel companies to seamlessly integrate the offering of Sustainable Aviation Fuel (SAF) and Carbon Offsets into their customer experience.

In July 2021, European Commission proposed a blending mandate on sustainable aviation fuel (SAF). This marks a significant step towards reducing the fossil jet fuel demand in the aviation sector. The EU is sending out a clear signal that it is taking a leading role in climate action in the aviation sector. As a global supplier and a leader in SAF, SkyNRG has assessed the feasibility of meeting the targeted SAF volumes towards 2030, the requirements for capacity scale-up in the long term, and the various scenarios impacting the realization of this mandate. With this SAF market outlook, company will present the results of this assessment and our perspective on these questions.

In February 2022, LanzaJet, a sustainable aviation fuel technology provider and producer, has entered into a memorandum of understanding (MOU) with Marquis Sustainable Aviation Fuel (Marquis SAF) to construct a 120 million gallons per year integrated sustainable fuels plant in the U.S. using low-carbon intensity (CI) feedstocks to produce sustainable aviation fuel (SAF) and renewable diesel via the LanzaJet™ Alcohol-to-Jet process. The plant will employ on-site carbon capture and sequestration and renewable energy to produce SAF, resulting in a lifecycle greenhouse gas reduction of more than 70% compared to conventional jet fuel.

In July 2020, Shell along with World Energy agreed to supply Amazon Air with up to six million gallons of blended SAF which has the potential to reduce carbon emissions by 20%.

In March 2022, Gevo, Inc. has signed a "take-or-pay" agreement with Delta Air Lines, Inc. to supply 75 million gallons of sustainable aviation fuel (SAF) per year for seven years. The Agreement replaces the existing agreement signed with Delta in 2019 to purchase 10 million gallons per year and bolsters Delta’s commitment to incorporating SAF into its operations.

In March 2022, Aemetis signs agreement with Finnair to Supply 17.5 Million Gallons of sustainable aviation fuel

In March 2022, Aemetis signs agreement with Qantas to Supply 35 Million Gallons of sustainable aviation fuel

In February 2022, Neste and ITOCHU Corporation have expanded their partnership to grow the availability of sustainable aviation fuel (‘SAF’) in Japan. In the expanded partnership, ITOCHU acts as the branded distributor of Neste MY Sustainable Aviation Fuel™ in Japan making Neste MY Sustainable Aviation Fuel available first at the two largest Japanese international airports; Tokyo Haneda and Narita.