Aviation is a fast growing industry, and as global air traffic is expected to double over the next 15 years, so will aviation-related emissions if no action is taken. The industry has already taken steps in the right direction by committing to the target of achieving carbon neutral growth from 2020 onwards. While many solutions, such as electrified aviation are still in early stages of development, the industry need solutions to cut the direct carbon emissions of flying.
Neste is committed to helping the aviation industry with its emission reduction targets. Neste has developed a drop-in solution that is readily available and already in commercial use. Neste MY Sustainable Aviation Fuel™, in neat form and over the life cycle reduces GHG emissions up to 80%* compared to fossil jet fuel. The fuel provides an immediate solution for reducing the direct carbon emissions of flying.
*) Calculated with established life cycle assessment (LCA) methodologies, such as CORSIA methodology.
Commercially available and in use
Neste currently has an annual capacity of 100,000 tons of SAF. With the Singapore refinery expansion on the way, and an additional investment into the Rotterdam refinery, we will have the capacity to produce some 1.5 million tons of SAF annually by the end of 2023.
Neste MY Sustainable Aviation Fuel is already available and used in the market. We have for example, partnered with Air BP to deliver sustainable aviation fuel to customers in Sweden and France. In addition, Lufthansa and KLM use our sustainable product, blended with fossil jet fuel, continuously on flights departing from Frankfurt and Schiphol Airport.
Cooperation is key
Industry cooperation and partnerships are needed to bring new solutions to the market and to ensure fast growth in the use of sustainable aviation fuels. We work together with our partners to develop innovative business models and funding concepts to enable wider use of renewable aviation fuel use, while regulatory frameworks to accelerate growth in sustainable aviation fuels are being defined. Product availability is no longer a constraint for growing use of sustainable aviation fuels, considering investments being made by Neste and others.
Neste serves the aviation industry with a range of high quality jet fuel products. Neste’s product portfolio includes Jet A1 kerosene that is supplied to Helsinki Airport and Neste MY Sustainable Aviation Fuel. Both fuels comply with the quality requirements and standards of the ASTM certification.