SAF Market Booming as More Companies Shift to Renewables

The market for renewable fuel alternatives continues to rise as companies seek out various methods to decarbonize their operations. The shift is especially apparent in aviation where SAF continues gaining traction in both production and adoption.

Below, we’ve compiled some of the latest developments across the SAF market.

Ryanair Acquires 1000 Tons of SAF from Shell with More Purchases to Come

Ryanair has recently announced that it has made a significant purchase of 1,000 tons of SAF from energy giant Shell. This SAF will be dispatched to Ryanair's base at Stansted Airport.

The crucial acquisition comes following a memorandum of understanding (MoU) that the two companies established in 2022. This special agreement allows Ryanair access to the procurement of up to 360,000 tons of SAF from Shell, a deal that plays out between 2025 and 2030.

The announcement came during an event that showcased Ryanair's relentless pursuit and innovative tools toward decarbonization. The airline has expressed, through its actions, an ongoing commitment to hit net zero emissions by the year 2050.

As Ryanair’s recent endeavors have shown, the airline embraces SAF, state-of-the-art engine technologies, and electrical ground handling equipment. Their initiatives signify notable investments in the journey to decarbonize their operations.

Ryanair has made a robust commitment to accomplish net zero carbon emissions by 2050 and a 25% reduction in CO₂ emissions per passenger/km by 2031.

The news of Ryanair's acquisition of 1,000 tons of SAF from Shell is a clear testament to this effective partnership. The airline expressed its continuous pursuit of working with their valuable partners to make every flight as environmentally efficient as possible.

(Source: Ryanair)

Air France KLM Martinair Cargo and the Global Transport Solutions Group Extend SAF Association

Air France KLM Martinair Cargo (AFKLMP) and the Global Transport Solutions (GTS) Group, comprised of Marinetrans and Best Global Logistics (BGL), have agreed to continue their cooperative efforts as part of AFKLMP's Sustainable Aviation Fuel (SAF) program.

Coming together, the program enables forwarders and shippers to begin offsetting portions of their flights with SAF. Those enrolled in the program determine the amount of SAF used for each flight.

Early adopters signal their commitment to achieving carbon offset goals. As SAF adoption increases and costs go down, we’ll likely continue to see more enrollees and greater percentages of SAF use.

This unique collaboration speaks volumes about both entities' commitment to sustainability and backs the GTS's Going Green initiative. Extending this strategic partnership highlights their collective commitment to environmental responsibility along the entire value chain of logistics and air freight.

By synchronizing their efforts, AFKLMP and GTS have taken proactive steps in reducing carbon emissions. Through these efforts, they set a precedent for others in the industry to follow.

The SAF program run by AFKLMP shines as a symbol of innovation in the journey towards viable aviation sustainability. This partnership resonates with these companies’ commitment to sustainability and reflects their joint resolve to reduce the environmental repercussions of aviation.

(Source: Air France KLM Martinair Cargo)

Offshore Wind Project Developer Simply Blue Group Commits to Developing Renewable Energy Parks for SAF

Simply Blue Group, a developer of offshore wind power projects, is diversifying into the realm of SAF. The company recently announced that it is embarking on the development of onshore Renewable Energy Parks (REPs) which are designed to fuel capabilities for the creation of Sustainable Aviation Fuel (SAF).

Spanning three continents, these ambitious projects are located in Canada, Ireland, and Australia. In total, they will annually process an impressive 1.5 million tons of sustainable biomass to produce over 300,000 tons of SAF each year.

The forward-thinking REPs of Simply Blue Group will enable the production of a diverse range of sustainable fuels. However, the core focus will remain on SAF and methanol, with the prospect of extending to green ammonia in future phases.

This mission has a significant emphasis on providing renewable liquid fuels specifically tailored for aviation, marine vessels and chemical feedstocks.

As the European Union continues to incrementally mandate higher SAF content in all outbound flights from the bloc, Simply Blue Group perceives a distinct opportunity to contribute significantly to this initiative. Major European airlines have already committed to exceeding the EU's mandated 6% content threshold by 2030 by aiming to use 10-12.5% SAF blends in their fuel.

The pledge of these airlines, coupled with Simply Blue Group's sustainability projects, signifies a promising step forward in decarbonizing the aviation industry.

(Source: Simply Blue Group)

LanzaTech to Open SAF Facility in Wales

LanzaTech UK has successfully secured approval to establish an SAF facility at a former industrial site in the Port Talbot area of Wales. Production is planned to start soon on a two-year timeline to open in 2026.

The company’s alcohol-to-jet facility slated for is anticipated to produce approximately 100 million liters of SAF annually. This accounts for roughly 10% of the total sustainable aviation fuel that the UK will use by 2030.

The application for the new facility was greeted with universal approval, voted in favor by the Neath Port Talbot Council's Planning Committee.

Jim Woodger, the Managing Director of LanzaTech UK, expressed his enthusiasm over the council's affirmation. He highlighted the facility approval as a key steppingstone for Project Dragon—a sweeping initiative to reduce emissions across the aviation industry.

(Source: International Airport Review)

Get Essential Pricing Data and News on SAF with ResourceWise Carbon Mitigator

The world is rapidly shifting its focus to a renewable focus. With factors like biofuel mandates and carbon targets, your business needs to stay informed on what’s important. 

ResourceWise provides vital pricing and analytics data for the future-facing biofuels market. Our Carbon Mitigator report, available on Prima CarbonZero, now offers five modeled SAF prices:

• eSAF
• Corn Ethanol
• Waste Ethanol
• E-Methanol Alcohol to Jet (ATJ)
• HEFA SAF

Whether you’re just diving into ESG regulations and decarbonizing your business or you’re a seasoned investor, our intelligence helps you develop informed strategies to reach your goals.

Click the button below to learn more about the Carbon Mitigator and get in touch with us to schedule a demo of Prima CarbonZero today.