SOURCE: Heathrow
January 17, 2025
BY Erin Voegele
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Key players in Europe’s aviation industry, including airlines, airports and manufacturers have outlined to EU policymakers seven critical measures to stimulate sustainable aviation fuel (SAF) production in Europe.
The U.K. Department for Transport has announced it will invest £63 million over the next year under its Advanced Fuels Fund to support SAF producers. The agency also issued a response to its consultation on a revenue certainty mechanism for SAF.
The International Air Transport Association on Jan. 31 released its methodology for accounting and reporting the emissions reduction associated with the use of sustainable aviation fuel (SAF) by airlines.
Blue Biofuels has signed an agreement to acquire 35.5 acres of land in Frostproof, Florida. The company plans to develop a 3 MMgy facility on the site. Planned expansion projects would boost capacity to 100 MMgy of cellulosic ethanol and SAF.
Valero Energy Corp. on Jan. 30 released Q4 financial results, reporting that both its ethanol and renewable diesel segments were profitable during the period. The company also announced that its SAF project in Texas is fully operational.