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Airbus and partners invest in Sustainable Aviation Fuel financing fund

July 31, 2024

BY Airbus

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EIA maintains renewable diesel, SAF production forecasts in June STEO

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By Erin Krueger

11 hours ago

Advanced Biofuels Business 

The U.S. EIA maintained its 2026 and 2027 production forecasts for renewable diesel in its latest Short-Term Energy Outlook, released June 9. The production outlooks for “other biofuels,” defined to include SAF, were also maintained.

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The International Air Transport Association on June 6 announced its analysis shows global SAF production is expected to reach approximately 2.4 million metric tons (792.6 million gallons) this year, accounting for 0.8% of total aviation fuel use.

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Syzygy Plasmonics on June 9 announced that it has entered into a capacity reservation agreement with World Fuel Services for future sustainable aviation fuel (SAF) production from Syzygy's planned NovaSAF facilities.

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Technip Energies, Airbus, Safran and Tereos entered into an agreement to create Rebound, a joint venture to develop a SAF biorefinery at the Port of Dunkirk, in Northern France. The AtJ project will produce approximately 160,000 tons of SAF annually.

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Eco Innovation Group Inc., operating as American EcoFuels, announced that over the next eight weeks the company plans to engage in a series of meetings with several leading U.S. airlines to discuss potential long-term SAF offtake agreements.

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