Report shows India’s power-and-biomass-to-liquids industry ready for commercial demonstration
In India, Energy Innovation and UC Berkeley said in a report that power-and-biomass-to-liquids (PBtL) in India is ready for commercial demonstration and growth, outcompetes other SAF technologies on cost, carbon intensity, and resource efficiency, and delivers a range of co-benefits such as avoiding premature deaths from local air pollution. Specifically, India’s PBtL route can produce SAF at costs up to roughly 40% below global SAF benchmarks, driven by record-low green hydrogen prices and low agricultural residue costs. These results suggest that, until Indian PBtL SAF can compete directly with fossil jet fuel, it can economically serve rising international SAF demand while hedging against crude oil price spikes. The report also shows that PBtL SAF has an enormous market size and could feasibly satisfy all of India’s 2050 aviation demand; that PBtL SAF production costs can fall below fossil jet fuel prices in the 2030s or earlier depending on market conditions and policy developments; and that domestic PBtL SAF has less monetary risk exposure than fossil jet fuel.
Category: Fuels
