IATA says India has huge potential for SAF production
AVIATION & AIRPORTS

IATA says India has huge potential for SAF production

In the midst of growing air travel, the international airline association IATA stated on Sunday that India has substantial potential for manufacturing Sustainable Aviation fuel (SAF), which may help cut carbon emissions. SAF output was estimated to reach 0.5 million tonnes in 2023; however, by 2050, this amount has to expand several times over. In order to expedite the fuel's adoption, the International Air Transport Association (IATA) announced that it will create the SAF Registry, which will certify and record emissions reductions resulting from the fuel's use.

It is anticipated that registration will open in 2025's first quarter. The project to build the registry has already received backing from six national agencies, one airline group, seventeen airlines, three OEMs, and one fuel producer.

Hemant Mistry, Director of Net Zero Transition at IATA, indicated that there exists significant potential for sustainable aviation fuel (SAF) production in India. He noted that India's civil aviation market is among the world's fastest-growing, with domestic carriers expanding their fleets to meet escalating air traffic demands. Additionally, Mistry highlighted that 140 identified SAF projects are currently advancing across 31 countries.

During a briefing held on the sidelines of the IATA AGM, Marie Owens Thomsen, Senior VP Sustainability and Chief Economist at IATA, mentioned that various strategies can be employed in different combinations to achieve net-zero emissions. She emphasised that SAF is projected to contribute the most to CO2 reductions by 2050 (65%). Thomsen outlined that to attain 500 million metric tonnes of SAF production by 2050, a significant increase (approximately 1,000 times) from the 2023 level is necessary.

In an official statement, IATA stated that SAF is anticipated to represent up to 65% of the total carbon mitigation required to achieve net-zero carbon emissions in air transportation by 2050.

Willie Walsh, Director General of IATA, underscored the importance of SAF in aviation decarbonisation, stating, "SAF is key to aviation's decarbonisation. Airlines want more SAF and stand ready to use every drop of it."

In the midst of growing air travel, the international airline association IATA stated on Sunday that India has substantial potential for manufacturing Sustainable Aviation fuel (SAF), which may help cut carbon emissions. SAF output was estimated to reach 0.5 million tonnes in 2023; however, by 2050, this amount has to expand several times over. In order to expedite the fuel's adoption, the International Air Transport Association (IATA) announced that it will create the SAF Registry, which will certify and record emissions reductions resulting from the fuel's use. It is anticipated that registration will open in 2025's first quarter. The project to build the registry has already received backing from six national agencies, one airline group, seventeen airlines, three OEMs, and one fuel producer. Hemant Mistry, Director of Net Zero Transition at IATA, indicated that there exists significant potential for sustainable aviation fuel (SAF) production in India. He noted that India's civil aviation market is among the world's fastest-growing, with domestic carriers expanding their fleets to meet escalating air traffic demands. Additionally, Mistry highlighted that 140 identified SAF projects are currently advancing across 31 countries. During a briefing held on the sidelines of the IATA AGM, Marie Owens Thomsen, Senior VP Sustainability and Chief Economist at IATA, mentioned that various strategies can be employed in different combinations to achieve net-zero emissions. She emphasised that SAF is projected to contribute the most to CO2 reductions by 2050 (65%). Thomsen outlined that to attain 500 million metric tonnes of SAF production by 2050, a significant increase (approximately 1,000 times) from the 2023 level is necessary. In an official statement, IATA stated that SAF is anticipated to represent up to 65% of the total carbon mitigation required to achieve net-zero carbon emissions in air transportation by 2050. Willie Walsh, Director General of IATA, underscored the importance of SAF in aviation decarbonisation, stating, SAF is key to aviation's decarbonisation. Airlines want more SAF and stand ready to use every drop of it.

Next Story
Infrastructure Energy

Solar, Wind Bolster Thermal Power Amid Record Demand

This summer, solar and wind energy have significantly aided thermal power in meeting India's record power demand. On May 30, 2024, renewables provided 15% of the total power, with peak demand reaching 250 GW. The Ministry of Power highlighted the crucial role of solar and wind energy in meeting this demand during specific hours. Thermal power contributed 176 GW, with coal being the primary source, supplying 68% of the total power. South and North India were major contributors to renewable energy, with solar generating 421.19 MU, led by Rajasthan, Gujarat, and Karnataka. Wind energy generated..

Next Story
Infrastructure Urban

India Leads Indo-Pacific Economic Pact Signing

India, along with the United States and twelve other nations, has signed a significant economic pact aimed at bolstering cooperation and development across the Indo-Pacific region. This pact, signed by leaders from these countries, marks a crucial step towards strengthening economic ties and fostering regional stability. The agreement focuses on enhancing trade relations, promoting sustainable development initiatives, and addressing shared challenges such as climate change and infrastructure development. Key areas of collaboration include technology transfer, investment facilitation, and stra..

Next Story
Infrastructure Energy

Adani Commits $1 Billion to Sri Lankan Wind Projects

Adani Group has announced plans to invest over $1 billion in wind energy projects in Sri Lanka, marking a substantial commitment to bolster the country's renewable energy sector. This investment underscores Adani's strategic focus on expanding its presence in renewable energy across international markets. The proposed wind projects aim to enhance Sri Lanka's energy infrastructure, contributing to sustainable development goals by increasing clean energy capacity. Adani's initiative is expected to create employment opportunities and stimulate economic growth in Sri Lanka, while also fostering t..

Hi There!

Now get regular updates from CW Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Construction News on Whatsapp! Enjoy

+91 81086 03000

Join us Telegram