NEW YORK (ICIS)–Economics pose a major challenge to the scale-up and adoption of sustainable aviation fuel (SAF) but advancements in early-stage technology, particularly in eFuels, will dramatically lower costs in the coming years, according to executives at Honeywell and HIF Global.
The challenge is huge. To meet climate goals, the industry will need to produce 23bn litres (23m tonnes) of SAF by 2030, an order of magnitude from the 300m litres produced in 2022, said Peter Cerda, regional vice president, the Americas, at the International Air Transport Association (IATA).
Cerda moderated a panel of executives from Honeywell, United Airlines, HIF Global and Supernal at an event in New York.
“Today the cost of producing eSAF [eFuel SAF] is about 2-3x the cost of regular aviation fuel. That’s why it’s going to be very important to spread that over the entire fuel base so that on a per unit of total aviation fuel in the world, it’s a very small increase,” said Meg Gentle, executive director of eFuels producer HIF Global.
Published by: www.icis.com
Joseph Chang
22-Sep-2023
