Willie Walsh, Director General of IATA, said, according to a statement issued on Sunday by the association on the occasion of its participation in the association’s 80th annual general meeting, which Dubai is hosting from June 2 to 4, that governments have the opportunity to take many measures to encourage the use of aviation fuel. Sustainable production that reduces carbon emissions by up to 65 percent of the levels necessary to achieve net zero carbon emissions by 2050, which makes the increase in its production during 2024 by three times what it was in the previous year a positive indicator.
He added: “Although we still have a long way to go, the focus has begun to focus on the rapid increase in production.”
IATA explained in a statement issued today that the number of announced renewable fuel projects has reached 140 projects, which can contribute to the production of sustainable aviation fuel and will enter into production by the year 2030… stressing that proceeding with these projects could raise the total fuel production capacity. Renewable capacity will reach 51 million tons by 2030, with production capacity spread across almost all regions.
The potential for renewable fuel production could exceed this estimate with increasing investor interest in sustainable aviation fuel, and taking into account a typical time lag of three to five years from planning to production, so investments announced up to 2027 could reach production by 2020. 2030, but it must be taken into account that some projects do not reach the stage of final investment decisions.
Achieving the goal set by the International Civil Aviation Organization (ICAO), which is to reduce emissions by 5 percent using sustainable aviation fuel, requires increasing the production of this fuel from 3 percent of the current total renewable fuel production to about 27 percent in 2030.
Regarding possible political measures to enhance the production of sustainable aviation fuel, IATA indicated that there are many possible solutions available to accelerate the process of the aviation sector obtaining sustainable aviation fuel on a large scale, including diversification of raw materials, as expectations indicate that 80 percent of the total sustainable aviation fuel Expected production over the next five years comes from hydrogenated fatty acids, including used cooking oils, animal fats, etc. Accelerating the adoption of production methods and other raw materials, including agricultural and municipal waste, will greatly enhance the potential for avia
tion fuel production. Sustainable.
Among the solutions, according to IATA, are joint processing estimates, using existing refineries to jointly process 5 percent approved renewable raw materials in addition to crude oil flows, providing incentives to enhance the balance in the production of renewable fuel facilities, and incentives to enhance investments in renewable fuel production.
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