An Inconvenient Thought

Propensity to fight losing battles

A harsh reality check on “sustainable aviation fuels”

Joanna Plucinska, Joe Brock, Marleen Kaesebier and Paul Carsten reporting for Reuters

While airlines have announced 165 SAF projects over the past 12 years, only 36 have materialized, Reuters found. Among those, Reuters uncovered problems at three of the largest – including World Energy – that exemplify the systemic challenges plaguing the SAF sector.

Reuters was unable to find any public updates on the progress of 44 of these projects since their initial announcements. Of the remaining 73%, four were deals for SAF credits where no physical fuel is delivered and 23 have been abandoned. Out of the 94 left, 27 are delayed or on indefinite hold and 31 have yet to produce any fuel. Only 36 have materialised, Reuters found.

Among those 36, only 10 projects – just 6% of the total – have reported producing commercial volumes of SAF.

SAF’s track record so far seems almost as bad as carbon capture. And that’s with the help of some cooking oil arbitrage.