Corporate SAF purchases could boost sustainable fuel production by 2030
What happened
A new study by the International Air Transport Association, Airbus, and Accenture found that corporate purchases of Sustainable Aviation Fuel (SAF) Environmental Attribute Certificates could support between 1 million and 1.9 million tonnes of SAF annually by 2030. This represents a substantial increase from the estimated 323,000 tonnes in 2024. The report notes that SAF currently remains two to three times more expensive than conventional jet fuel.
From tradearabia.com
Why it matters
The study identifies corporate demand as a potential catalyst for increasing SAF production, provided barriers such as high prices and complex purchasing processes are addressed. The report proposes using Environmental Attribute Certificates to allow companies to support the additional cost of sustainable fuel and claim associated emissions reductions for business travel and air cargo.
From tradearabia.com
Who's involved
- International Air Transport AssociationConducted the study on the potential of Sustainable Aviation Fuel market growth.
- AccentureContributed to the industry study regarding SAF market potential.
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The entities involved
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International Air Transport Association
international trade association for airlines
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Accenture
multinational management consulting, technology services and outsourcing company