Heidi Lim’s Post

IAG signs 260m gallons SAF offtake agreement with Twelve International Airlines Group (IAG), representing five European airlines, announced that it has signed a 14-year offtake agreement for 260m gallons of e-SAF with Twelve. “This new deal will contribute towards our 2030 SAF target as well as helping IAG to meet future mandate requirements in key markets. We would like to see similar projects scale in Europe, and we look forward to working with governments across our key markets to build a SAF industry to deliver jobs, economic growth and a stable supply of SAF,” said Luis Gallego, CEO, IAG. Under the terms of the agreement, Twelve will supply IAG with 260m gallons of e-SAF to support its five European airlines including British Airways, Iberia, Aer Lingus, Vueling Airlines and LEVEL over the course of 14 years. #SAFAviation #SustainableAviationFuel #CleanAviation #ReduceCarbonEmissions #NetZeroAviation #AviationSustainability #DecarbonizeAviation #FutureOfAviation #SustainableTravel Read full below. https://lnkd.in/e_-gFG-G

International Airlines Group (IAG) 14-year offtake agreement with Twelve won away with the “Offtake Agreement of the Year” at SAF Investor Conference. Under the terms of the fourteen-year contract, Twelve will supply IAG with of e-SAF to support its five European airlines (British Airways, Iberia, Aer Lingus, Vueling Airlines and LEVEL Airlines). This deal is the largest e-SAF commitment announced by any European airline Group. The next-generation fuel will reduce lifecycle greenhouse gas emissions by up to 95% versus conventional jet fuel. IAG is the first European airline group to announce an e-SAF deal, and the agreement will enable IAG to continue increasing its SAF use, which was approximately 12% of the world’s supply in 2023. The two companies first began partnering in 2020, when Twelve joined IAG’s Hangar 51 start-up accelerator programme to commercialise Twelve’s technology. “This new deal will contribute towards our 2030 SAF target as well as helping IAG to meet future mandate requirements in key markets. We would like to see similar projects scale in Europe, and we look forward to working with governments across our key markets to build a SAF industry to deliver jobs, economic growth and a stable supply of SAF,” said Luis Gallego, CEO, IAG. Moreover, Nicholas Flanders, CEO of Twelve said: “Power-to-liquid fuels like Twelve’s E-Jet mean no compromises when it comes to air travel. Aviation is a hard to decarbonise sector and power-to-liquid e-SAF offers an industry-leading emissions reduction potential, with the added benefits of abundant feedstock supply and significantly smaller land and water footprints compared to alternative SAF pathways. “We are proud to partner with IAG to advance toward a cleaner future of aviation with our E-SAF, a drop-in ready SAF made from CO2.” #avfoilnews

Ryanair - Europe's Favourite Airline acquires 1,000 tons of SAF from Shell for Stansted operations Ryanair - Europe's Favourite Airline announced that it has purchased another 1,000 tonnes of sustainable aviation fuel (SAF) from Shell to be supplied at the Stanstead airport – the airline’s base – in London. “Ryanair continues to lead the way in sustainable aviation. As demonstrated today at Stansted, by using SAF, the latest engine technologies and electric ground handling equipment, we are making significant investments to decarbonise our operations and achieve our commitments of net zero carbon emissions by 2050 and 25% less CO2 emissions per passenger/km by 2031,” said Thomas Fowler, director of sustainability and finance, Ryanair. #SAFAviation #SustainableAviationFuel #CleanAviation #ReduceCarbonEmissions #NetZeroAviation #AviationSustainability #DecarbonizeAviation #FutureOfAviation #SustainableTravel Read full below. https://lnkd.in/eGau2uep

European airline group IAG plans to buy up to 100 million carbon removal credits by 2050, and potentially 2 mln a year by 2030. This will be needed to fill the time taken by sustainable aviation fuel development to scale. The group believes that buying removals will require clear and globally agreed verification and quality standards, inclusion of the credits in emission trading schemes, and stable policy support. Read our coverage of the decarbonisation of aviation here: https://lnkd.in/eDwmUHbe

The shift from carbon reduction to high quality carbon removal credits has already begun. Countries and companies are targeting high quality carbon credits that cover Carbon removal Blockchain platform for transparency and provenance Durability - storing carbon away over 100 years Impactful social programs for the underprivileged. #blockchain #carbonoffsets #carbonremoval #biofuels #biochar #hemp

At a joint presentation in London, European low-cost carrier Wizz Air announced it has set a goal of powering 10% of its flights with sustainable aviation fuel by 2030, while its UK SAF partner Firefly Green Fuels unveiled plans for an initial sewage-to-SAF demo plant on the east coast of England, reports Christopher Surgenor for GreenAir News. The fast-growing airline is looking to expand its current fleet of 206 Airbus narrowbody fleet to around 500 by the end of the decade and meeting its aspirational SAF target will require a significant ramp-up of SAF production and deployment, it acknowledged. Adopting a portfolio approach, Wizz Air has entered into a number of agreements, including a multi-year offtake with Firefly, which in turn has signed MoUs with industrial partners including Haltermann Carless, Petrofac, Chevron Lummus Global (CLG) and Anglian Water Services. It hopes to construct an operational demo facility by 2027 and reach commercial-scale production by 2029 at an existing facility near the port of #Harwich. #sustainableaviation #sustainableaviationfuel Mark Pilling Tony Harrington Yvonne Moynihan James Hygate Paul Hilditch Rob Hemsley Ideh Heidari, PhD Emma Harvey Callum Stewart Zsuzsa Trubek Keith Mead Simon Black Roddy McKnight Arun Arora Gerrit Polhaar Odelia Leon Georgia Metcalfe Natasha Hannawin Airlines for Europe (A4E) Jonathon Counsell Airlines UK Daria Sergeeva https://lnkd.in/ebZhQKcQ

Heathrow announces £71m SAF incentive for airlines Heathrow announced that it is planning to extend its carbon cutting scheme for third year through a £71m scheme to help halve the price gap between kerosene and SAF for airlines. In 2024, £71m will be available to airlines through the incentive, targeting up to 2.5% of aviation fuel used at Heathrow to be SAF - amounting to 155,000 tonnes of aviation fuel. #SAFAviation #SustainableAviationFuel #CleanAviation #ReduceCarbonEmissions #NetZeroAviation #AviationSustainability #DecarbonizeAviation #FutureOfAviation Read full below. https://lnkd.in/evi8NEiC