Nine firms join CAAS, SAFCo to launch SAF procurement trial in Singapore
In the UK, SAF Investor reported that Singapore’s aviation regulator the Civil Aviation Authority of Singapore (CAAS), the Singapore Sustainable Aviation Fuel Company (SAFCo) and nine companies have launched Singapore’s first trial for central procurement of voluntary sustainable aviation fuel (SAF).
“We are encouraged by the strong commercial interest. With greater awareness, we hope more will join. By aggregating regulated and voluntary SAF demand, we seek to grow a robust and efficient SAF ecosystem, to achieve a more resilient and affordable fuel supply for our aviation sector,” said Han Kok Juan, director-general of CAAS.
The nine companies include Boston Consulting Group, Changi Airport Group, DBS Bank, GenZero, Google, OCBC, Temasek, Singapore Airlines and Scoot.
The organizations have signed an agreement to trial buying SAF through the SAFCo.
The SAFCo will work as demand aggregator to develop a scalable and integrated SAF ecosystem in Singapore.
Category: SAF
