Aviation industry needs funding for synthetic green fuels
AVIATION & AIRPORTS

Aviation industry needs funding for synthetic green fuels

Government and industry officials highlight the potential of biofuel-based sustainable aviation fuel (SAF), derived from sources like used cooking oil or wood chips, to reduce aviation emissions by up to 80%. However, industry leaders stress that Europe must invest more in synthetic aviation fuels to achieve its net-zero targets by 2050, as biofuels alone may not suffice. The shortage of organic feedstocks necessitates investment in pricier synthetic fuels made from hydrogen or carbon capture, known as e-SAFs. These fuels are crucial for meeting future blending mandates and transitioning all aircraft to SAF by 2050, according to Uwe Gaudig of Germany's Griesemann group.

Currently, biofuel-based SAF constitutes just 0.2% of global jet fuel use due to its higher cost compared to traditional jet fuel. Synthetic SAF, even more expensive, faces similar challenges. The European Union offers subsidies for e-SAF, but industry leaders emphasise the need for increased government funding to enhance infrastructure and production stability. Thorsten Herdan from SAF maker HIF stresses the importance of regulatory stability and guarantees to foster industry growth in Europe. Meanwhile, Airbus' Julie Kitcher suggests expanding renewable electricity and electrolysers to lower production costs.

Despite potential, Marte van der Graaf of Transport and Environment warns that without sufficient investment, few e-SAF projects in Europe may secure funding by 2028, hindering the sector's growth. (Source: ET Infra)

Government and industry officials highlight the potential of biofuel-based sustainable aviation fuel (SAF), derived from sources like used cooking oil or wood chips, to reduce aviation emissions by up to 80%. However, industry leaders stress that Europe must invest more in synthetic aviation fuels to achieve its net-zero targets by 2050, as biofuels alone may not suffice. The shortage of organic feedstocks necessitates investment in pricier synthetic fuels made from hydrogen or carbon capture, known as e-SAFs. These fuels are crucial for meeting future blending mandates and transitioning all aircraft to SAF by 2050, according to Uwe Gaudig of Germany's Griesemann group. Currently, biofuel-based SAF constitutes just 0.2% of global jet fuel use due to its higher cost compared to traditional jet fuel. Synthetic SAF, even more expensive, faces similar challenges. The European Union offers subsidies for e-SAF, but industry leaders emphasise the need for increased government funding to enhance infrastructure and production stability. Thorsten Herdan from SAF maker HIF stresses the importance of regulatory stability and guarantees to foster industry growth in Europe. Meanwhile, Airbus' Julie Kitcher suggests expanding renewable electricity and electrolysers to lower production costs. Despite potential, Marte van der Graaf of Transport and Environment warns that without sufficient investment, few e-SAF projects in Europe may secure funding by 2028, hindering the sector's growth. (Source: ET Infra)

Next Story
Infrastructure Energy

GAIL to Set Up Bengaluru CBG Plant Under New Concession Pact

GAIL (India) Limited has signed a 20-year concession agreement with the Bengaluru City Municipal Corporation (BBMP) to set up a compressed biogas (CBG) plant in the city. The project, expected to produce around 10 tonnes of CBG daily, will utilise municipal solid waste as feedstock, contributing to clean energy generation and efficient waste management. The CBG produced will be used in GAIL’s City Gas Distribution network to promote cleaner fuel usage. The initiative aligns with the government’s Sustainable Alternative Towards Affordable Transportation (SATAT) scheme and GAIL’s broader ..

Next Story
Infrastructure Energy

Uttarakhand HC Lifts 31-Year Ban on ONGC’s Contractual Hiring

The Uttarakhand High Court has lifted a 31-year-old ban on the Oil and Natural Gas Corporation (ONGC) from hiring contractual workers, a restriction imposed in 1993. The decision enables ONGC’s Dehradun establishment to employ personnel on a contractual basis to meet operational requirements. The long-standing prohibition had limited ONGC’s ability to fill vacancies in its technical and administrative departments, often leading to project delays and higher dependence on outsourcing. With the court’s directive, the public sector enterprise can now proceed with temporary recruitments whil..

Next Story
Infrastructure Energy

JSW Energy’s Utkal Unit Bags 400 MW, 25-Year Power Supply Deal

JSW Energy Limited announced that its subsidiary, JSW Energy (Utkal) Limited, has secured a Letter of Award (LoA) from Karnataka’s Power Company of Karnataka Limited (PCKL) for the supply of 400 MW of electricity for 25 years. The agreement is part of a competitive bidding process for long-term procurement of power to meet the state’s growing energy demand. The 400 MW capacity will be supplied from JSW Energy’s upcoming thermal power project in Odisha. This development strengthens JSW Energy’s presence in the southern market and aligns with its strategy to enhance long-term contracte..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?