Velocys welcomes new report into viability of sustainable aviation fuel
A new report from the World Economic Forum on the importance of sustainable aviation fuel (SAF) has been published.
The Clean Skies for Tomorrow: Sustainable Aviation Fuels as a Pathway to Net Zero Aviation report highlighted the need for rapid sale-up of SAF production and use.
The report found that sufficient sustainable feedstocks were available to meet the projected fuel demand for global aviation in 2030.
However, it also warned that for decarbonisation targets to be reached, SAF production costs had to be reduced.
Henrik Wareborn, CEO of Velocys, welcomed the findings in the new report that was written in collaboration with McKinsey & Company.
He said: “The World Economic Forum's new report demonstrates there is a clear path for aviation to cut its emissions significantly through the use of SAF.
“Altalto, our planned facility in north-east Lincolnshire, will be the first waste-to-jet-fuel facility of its kind in the UK, taking hundreds of thousands of tonnes of waste per year which would otherwise have gone to landfill or incineration to produce SAF that considerably reduces both greenhouse gas emissions and exhaust pollutants from commercial aviation.
“The report confirms that there is ample solid waste feedstock available at a global level to supply projects like ours, and shows that aviation can be provided with enough SAF to meet long-term decarbonisation goals without the use of food crops and without causing land use change.”
The Clean Skies for Tomorrow: Sustainable Aviation Fuels as a Pathway to Net Zero Aviation report highlighted the need for rapid sale-up of SAF production and use.
The report found that sufficient sustainable feedstocks were available to meet the projected fuel demand for global aviation in 2030.
However, it also warned that for decarbonisation targets to be reached, SAF production costs had to be reduced.
Henrik Wareborn, CEO of Velocys, welcomed the findings in the new report that was written in collaboration with McKinsey & Company.
He said: “The World Economic Forum's new report demonstrates there is a clear path for aviation to cut its emissions significantly through the use of SAF.
“Altalto, our planned facility in north-east Lincolnshire, will be the first waste-to-jet-fuel facility of its kind in the UK, taking hundreds of thousands of tonnes of waste per year which would otherwise have gone to landfill or incineration to produce SAF that considerably reduces both greenhouse gas emissions and exhaust pollutants from commercial aviation.
“The report confirms that there is ample solid waste feedstock available at a global level to supply projects like ours, and shows that aviation can be provided with enough SAF to meet long-term decarbonisation goals without the use of food crops and without causing land use change.”
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