Simple Flying - Linnea Ahalgren
While sustainable aviation fuel (SAF) still accounts for only about 0.1% of global jet fuel consumption, production and uptake are both set to increase substantially over the next few years as incentives and mandates begin to come into play. The SAF market is predicted to grow from $219 million in 2021 to $15,7 billion by 2030.
The UK is angling to become a leader in the sustainable fuel market. And currently, its busiest airport, London Heathrow, is the largest user of SAF out of any airport globally. Following the introduction of a SAF incentive earlier this year, 0.5% of the airport's fuel provision now consists of sustainable biofuels.
Heathrow says it will continue to scale up its incentive program to encourage more airlines to use lower-carbon fuels and continue to seek a UK mandate for 10% SAF by 2030. The UK government has pledged to invest £180 million (approximately $228.4 million) to develop SAF plants in the country. Just last month, British Airways took delivery of the first domestically-produced batch as part of a multi-year deal with Philips 66.