Technology Monitor: SAF to Take Off

Energy Intelligence’s latest modelling predicts that sustainable aviation fuel (SAF) demand will grow to about 1.25 million b/d by 2050, from around 50,000 b/d in 2025. We expect SAF consumption to grow based on consumption mandates, growing feedstock availability and economies of scale in production. New SAF demand will progressively displace jet fuel kerosene demand, and is likely to be strongest in Europe and Asia. The Mideast Gulf War could provide a boost to the SAF outlook, but we are watching key variables. The full report looks at key SAF production pathways, value chain drivers, regional forecasts, upside/downside risks to our model and oil/gas industry investment strategies.