Sustainability and Environment
IATA: Industry on Track To Triple SAF Output in 2024
The global SAF Output in 2024 will equal less than one percent of jet fuel usage
Phillips 66 San Francisco area renewable fuels refinery
According to IATA, based on industry announcements, nearly 150 renewable fuels production facilities are expected to be in operation by 2030, including Phillips 66's Rodeo refinery in the San Francisco Bay area which recently converted fully to processing renewable feedstocks. If those projects reach their intended production output, annual global renewable fuel totals could top 13 billion gallons by 2030.

The International Air Transport Association (IATA) announced this week that its prediction of a tripling of worldwide sustainable aviation fuel (SAF) production in 2024 is on track, but noted several policy measures that governments could take to accelerate SAF usage. This year, global production of unblended SAF is expected to reach nearly 400 million gallons, an amount that equates to just 0.5% of total jet fuel demand.

“SAF will provide about 65% of the mitigation needed for airlines to achieve net-zero carbon emissions by 2050,” explained IATA director general Willie Walsh, adding he is encouraged about the expected tripling of SAF output from 2023. “We still have a long way to go, but the direction of exponential increases is starting to come into focus.”