For e-SAF to become a commercial reality this decade, taking aviation a vital step closer to lower emissions future.
E-SAF is an innovative drop-in fuel which is forecast to be an important lever in reducing emissions from long-haul aviation by 2050. It could produce 90% fewer emissions over its lifecycle from production to use than fossil jet fuel, with fewer feedstock constraints and lower environmental risks than other SAF types. With 70% of planned e-SAF production capacity in Europe, the region is well positioned to lead the way.
To pave the way for the first large-scale e-SAF plants to reach Final Investment Decision by end 2025
To date, no large-scale e-SAF plant has reached final investment decision, held back by large investment requirements, high risks, and a lack of off-take. Project SkyPower focuses on a critical window of opportunity – to meet industry emissions reduction targets by 2050, we must get first projects to FID by end of 2025 to be operational by 2030 and scale the transformative technology behind e-SAF to reach market tipping points in the 2030s. Working together, our members will find solutions to reduce the green premium, share the costs and de-risk first projects.
Courageous and collaborative leadership from CEOs to break down barriers
Our pioneering members, leaders from across the energy and aviation value chains, will collaborate on an in-depth modelling process to create transparency and alignment around the economics of e-SAF. Together, we will explore the business case gap for specific European countries and develop a concrete action plan to enhance the bankability of individual e-SAF projects. We commit to sharing our modelling and our plans with the industry in an insights report in October 2024.
We face a critical window of opportunity: Meeting aviation's 2050 emissions targets needs the first e-SAF projects up and running by 2030, so this innovative technology can reach market tipping points in the following decade and achieve scale by 2050.