EASA Publishes First ReFuelEU Aviation Annual Technical Report: SAF Share 0.6% in 2024
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SAF costs far more than conventional fuel and supply is highly concentrated; the 2% mandatory target for 2025 will raise aviation fuel costs, potentially pressuring airline compliance costs and ticket prices, while creating market opportunities for SAF suppliers and technology companies.
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- EASA Press ReleasesEASA Publishes First ReFuelEU Aviation Annual Technical Report: SAF Share 0.6% in 2024
The European Union Aviation Safety Agency (EASA) published its first ReFuelEU Aviation Annual Technical Report. In 2024, fuel suppliers reported that 0.6% of aviation fuel supplied at EU airports was Sustainable Aviation Fuel (SAF), equivalent to 193 kilotonnes, avoiding around 714 kilotonnes of CO2 emissions. The mandatory target for 2025 is 2%. The average SAF price in 2024 was €2,085/tonne, far above conventional jet fuel at €734/tonne. 25 fuel suppliers provided SAF to 33 airports across 12 Member States, but 5 Member States accounted for 99% of supply. Almost all SAF was biofuel, with 81% from used cooking oil.