SkyNRG release SAF market outlook 2024

In the Netherlands, SkyNRG announced it has released its Sustainable Aviation Fuel Market Outlook, which covers the current state and trends of the SAF market in the EU and UK, the US and rest of the world by assessing announcements of SAF projects and mapping out the capacity until 2050. For the first time, the report is expanding to global coverage and presenting all the latest policy developments. Key takeaways from the report include recognizing that SAF capacity significantly increased to a level of 17.3 metric tons by 2030, a growth of 4.0 metric tons compared to last year. This is driven by regulatory developments such as ReFuelEU in the EU, the UK mandate, but also voluntary uptake in the US supported by incentives. Philippe Lacamp, Chief Executive Officer of SkyNRG said: “It is encouraging to see the progress being made towards net zero in the report. The Market Outlook also highlights the importance of reliable, long-term policy environments globally to allow for capacity development planning and unlocking of the significant investments needed to enable construction and commissioning of SAF facilities.”

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