- The aviation industry integrated over 11 million litres of Sustainable Aviation Fuel (SAF) in 2023.
- Industry targets 17.5 billion litres of SAF production by 2030.
The aviation industry, which contributes only 2% of global carbon emissions, seeks cleaner solutions. In 2023, Airbus and other aerospace companies integrated over 11 million litres of SAF, significantly reducing emissions.
The industry aims to produce 17.5 billion litres of Sustainable Aviation Fuel (SAF) by 2030, supported by initiatives like IRA. In Wood Mackenzie’s The Interchange Recharged, David Banmiller interviews Andrew Symes, CEO of OXCCU, to discuss efficient CO2 and hydrogen conversion.
Despite technological advancements, challenges persist in financing, regulations, and talent acquisition. SAF seamlessly integrates with existing aviation infrastructure, easing the transition to greener practices.
As technology and scale improve, SAF is expected to achieve cost parity with Jet aviation fuel. Airlines, governments, and regulatory initiatives advocate for increased SAF adoption towards a net-zero future by 2050.
OXCCU exemplifies that SAF technology extends to chemicals and plastics production, promoting sustainability and circular economy goals.