In New Jersey, Brainy Insights estimates that the blue hydrogen market will reach $6 billion by 2032. According to Brainy Insights, the blue hydrogen market currently reaches $1.5 billion. “North America is expected to have the most significant blue hydrogen market share. Oil refining capacity in North America was around 21.4 million barrels per day […]
In the United Arab Emirates (UAE), Utilities Middle East reported that Masdar’s new hydrogen business targets an annual green hydrogen production capacity of up to 1 million tons by 2030. The company is committed to become a global green hydrogen leader and believes that this target would enable it to save more than six million […]
In Saudi Arabia, NEOM Green Hydrogen Company (NGHC) announced that following signing financial documents with 23 local, regional, and international banks, and investment firms, it has now achieved financial close on what it claims to be the world’s largest green hydrogen production facility at a total investment value of $8.4 billion. The plant is currently […]
In Ireland, RTE reported that a new study found that 10,500 jobs could be created across the country by 2050 through the production of sustainable aviation fuels for use in aircraft and shipping that are derived from hydrogen. The analysis, by Hydrogen Mobility Ireland, also predicts that up to $246.7 million per year could be […]
In Belgium, Transport & Environment reported that hydrogen jets could be cheaper to run than fossil fuel planes from 2035 provided kerosene is taxed adequately. In 2035, running planes on hydrogen could be 8% more expensive than using kerosene. But with a tax on fossil jet fuel and a price on carbon, hydrogen planes could […]
In Italy, Leonardo reported that Malaysian company Weststar Aviation Services has completed a first demonstration flight with SAF in Malaysia, taking off from Subang Airport bound for Langkawi International Maritime and Aerospace Exhibition (LIMA). The SAF fuel was supplied by Petronas Dagangan Berhad (PDB) in collaboration with Neste, the world’s leading SAF producer. Leonardo noted […]
In the United Arab Emirates (UAE), The World Travel & Tourism Council (WTTC) has called on governments around the world to “get serious” on incentivizing SAF production and set ambitious targets to produce adequate quantities. Without meaningful quantities of SAF, the global tourism body said the aviation sector cannot decarbonize on a scale that will […]
In Dubai, Gulf News reported that Dubai-based independent aircraft leasing and financing platform Novus Aviation Capital announced the launch of ‘SAF One’ Energy Management Limited, a new platform to develop sustainable aviation fuel. The platform, launched in partnership with Abu Dhabi Global Markets (ADGM) investment company Sencirc Holdings, aims to provide SAF solutions to the […]
In the UK, Rolls-Royce said it has successfully completed the first tests of its UltraFan technology demonstrator at its facility in Derby, UK. The company noted that the first tests were conducted using 100% Sustainable Aviation Fuel (SAF). Tufan Erginbilgic, CEO of Rolls-Royce, said: “The UltraFan demonstrator is a game changer – the technologies we […]
In Malaysia, Free Malaysia Today reported that the premier of Sarawak state, Abang Johari Openg, announced that the state will test its algae-based sustainable aviation fuel (SAF) on an aircraft flying to Langkawi. Abang Johari said the flight will use a small amount of the SAF, which was produced through a collaborative effort between the […]
