Electrification & Sustainability

Startup Looks To Accelerate Sustainable Aviation Fuel Market – AIN, Feb. 5

By In The News | February 8, 2024
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Future Energy Global, a new Ireland-based startup, is looking to increase development of the sustainable aviation fuel (SAF) marker, AIN reports. The company is backed by aircraft winglet company Aviation Partners. The new company sees more than $1 trillion in investment needed to reach the aviation industry's goal of a net-zero emissions future. So SAF production would have to increase from 550 million liters now to over 500 billion liters by 2050, an increase by a factor of 1,000. It seeks to use pre-purchasing ecosystems to bring investors, suppliers and buyers together to increase production.

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